Environment & Safety Gas Processing/LNG Maintenance & Reliability Petrochemicals Process Control Process Optimization Project Management Refining

Crude oil

UN mulls US push for N.Korea oil embargo, textile export ban

UNITED NATIONS (Reuters) — The United States wants the United Nations Security Council to impose an oil embargo on North Korea, ban the country's exports of textiles and the hiring of North Korean laborers abroad, and subject leader Kim Jong Un to an asset freeze and travel ban, according to a draft resolution seen by Reuters on Wednesday.

Secure Energy developing feeder pipeline system, terminal

CALGARY — Secure Energy Services Inc. announced further growth of its midstream infrastructure through the construction of a light oil feeder pipeline system and receipt terminal in the Kindersley-Kerrobert region of Saskatchewan.

Essar Oil UK to spend $250 MM upgrading Stanlow refinery

NEW DELHI/MUMBAI (Reuters) — Essar Oil UK expects a $250-MM upgrade of its Stanlow refinery in northwest England to improve its basic profit margin by $1/bbl as it will be able to process a greater variety of cheaper crude oils and raise output, its chief executive said on Wednesday.

Oil up after Harvey fallout, but Hurricane Irma heads to Caribbean

LONDON (Reuters) — Oil prices rose on Wednesday as strong global refining margins and the reopening of US Gulf Coast refineries provided a more bullish outlook after sharp drops due to Storm Harvey.

Asian traders look to snap up US crude in wake of Hurricane Harvey

SINGAPORE (Reuters) — Some oil traders in Asia are looking to snap up crude cargoes from the United States after Hurricane Harvey closed US refineries, denting local demand and pushing out the price spread between U.S and Atlantic Basin crude benchmarks.

Magellan Midstream to construct Delaware Basin crude oil, condensate pipeline

TULSA, Okla. — Magellan Midstream Partners, L.P. announced it is commencing construction of a new Delaware Basin pipeline originating in Wink, Texas to handle crude oil and condensate.

Russia says its oil supplies to North Korea are negligible

XIAMEN, China (Reuters) — President Vladimir Putin said on Tuesday that Russian oil supplies to North Korea were negligible, responding to heightened international scrutiny of the ties between Moscow and the leadership in Pyongyang.

US crude rises, gasoline falls as refineries restart

LONDON (Reuters) — US oil prices rose on Tuesday and gasoline fell as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude and eased fears of a fuel supply crunch.

Air Liquide, Mitsubishi Chemical sign technology agreement

Air Liquide Engineering & Construction has signed a cooperation agreement with Mitsubishi Chemical Corporation to license MCC’s Butene-to-crude-Butadiene technology used in the petrochemical industry.

Polish refiner Lotos receives first crude oil cargo from Canada

WARSAW (Reuters) — Lotos, Poland’s second biggest oil refiner, said on Monday that it had received its first crude oil cargo from Canada.