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Crude oil

Iran plans to trim condensate exports to Asia in October

SINGAPORE/BEIJING (Reuters) — The National Iranian Oil Co has informed buyers in Asia that it could reduce condensate exports in October because of maintenance at the South Pars gas field, six industry sources said on Tuesday.

MPLX completes binding open season on Wood River-to-Patoka pipeline expansion

FINDLAY, Ohio — MPLX LP announced that its subsidiary Marathon Pipe Line LLC (MPL) has completed a successful binding open season for the expansion of the Wood River-to-Patoka pipeline.

CB&I to supply storage tanks for Greenfield refinery project in Oman

THE WOODLANDS, Texas — CB&I announced a consortium between CB&I and Saipem S.p.A. has been awarded a contract by Duqm Refinery and Petrochemicals Industries Company L.L.C. (DRPIC) for EPC Package 3 for the Duqm Refinery Project.

Oil and chemical spills from Hurricane Harvey big, but dwarfed by Katrina

NEW YORK/BOSTON (Reuters) — More than 22,000 bbl of oil, refined fuels and chemicals spilled at sites across Texas in the wake of Hurricane Harvey, along with millions of cubic feet of natural gas and hundreds of tons of other toxic substances, a Reuters review of company reports to the US Coast Guard shows.

Six companies buy oil from US emergency crude reserve

WASHINGTON (Reuters) — Six companies bought 14 MMbbl of oil from the US Strategic Petroleum Reserve in a sale required by law to help fund medical research and the federal government, said the Department of Energy on Thursday.

S.Korea's Iranian crude oil imports rise around 40% on year in Aug

SEOUL (Reuters) — South Korea's imports of Iranian crude oil increased 40.2% in August from the same month a year earlier, with its refiners snapping up competitively priced cargoes from the Middle Eastern nation.

Sinopec starts up Tianjin commercial crude reserve

(Reuters) — A new commercial crude oil reserve base built by China’s Sinopec Corp in northern Chinese port of Tianjin received its first oil shipment on Wednesday, the state refiner said.

Greek oil spill spreads to Athens Riviera

ATHENS (Reuters) — Crews scrambled on Wednesday to clean up an oil spill from a sunken tanker which had spread to some of Athens's most popular beaches.

China's crude refinery output rebounds in Aug on new quotas

BEIJING (Reuters) — Chinese refineries processed 6.5% more crude oil in August than a year earlier at 47.12 MMt, or about 11.1 MMbpd, data from the National Bureau of Statistics showed on Thursday.

CB&I awarded storage project in Central Asia

THE WOODLANDS, Texas — CB&I announced it has been awarded a contract valued at approximately $50 MM for a storage project in Central Asia. CB&I's scope of work includes the engineering, fabrication and construction of nine flat bottom tanks.