Crude oil
Novak says in talks with Belarus to up oil supplies from April 13
MOSCOW (Reuters) -- Russia may increase oil supplies to Belarus starting from April 13 if Minsk pays for the crude by then, Russian Energy Minister Alexander Novak said on Friday.
Nigeria pushes to legalize illicit refineries in restive Delta oil region
ABUJA (Reuters) -- Nigeria aims to legalize illicit oil refineries in the turbulent Niger Delta region, the vice-president's office said on Thursday, hoping to bring peace to the production heartland for the crude on which the country relies.
AFPM challenges decision on tank car surcharge
WASHINGTON -- The American Fuel & Petrochemical Manufacturers (AFPM) filed a petition for review in the US Court of Appeals for the D.C. Circuit, challenging the Surface Transportation Board's (STB) dismissal of its complaint against the surcharge imposed by BNSF Railway Company on DOT-111 tanks cars carrying crude oil.
Iran struggles to expand oil exports as sea storage cleared
LONDON (Reuters) -- Iran has sold all the oil it had stored for years at sea and Tehran is now struggling to keep exports growing as it grapples with production constraints, shipping and oil sources say.
US crude inventories rise unexpectedly, product stocks dip
(Reuters) -- US crude stocks unexpectedly rose last week to a fresh record high, while gasoline and distillate inventories fell less than expected, the Energy Information Administration said on Wednesday, interrupting a recent string of bullish news for the oil market.
Traders cancel light cycle oil cargoes ahead of China tax
SINGAPORE/BEIJING (Reuters) -- Traders in North Asia are rushing to cancel loadings of a range of oil products for sale to China, ahead of a planned Chinese consumption tax that will make the trade uneconomic.
China grants two independent plants import quotas totaling 4.08 MMt of crude
BEIJING (Reuters) -- China has granted two independent refiners crude oil import quotas for a total annual volume of 4.08 MMt, the National Development and Reform Commission (NDRC) said in two separate statements on Wednesday.
BridgeTex owners seek more than $300 MM from shipper
HOUSTON (Reuters) -- Plains All American Pipeline and Magellan Midstream Partners filed an amended breach of contract lawsuit seeking more than $300 MM in damages from Stampede Energy over an oil transport deal, according to court documents.
Iran "not concerned" by Indian threat to cut oil imports
LONDON (Reuters) -- Iran's oil minister dismissed India's decision to cut oil imports from Tehran in 2017/18 by a fifth as a threat on Wednesday, in an escalation of a dispute over a giant gas field contract.
Transneft could raise oil exports to Belarus from April
MOSCOW (Reuters) -- Russia's Transneft has the technical capacity to pump 24 MMt of oil to Belarus this year and could start pumping additional volumes from April, an official at the oil pipeline monopoly told Reuters on Tuesday.
- KBR to provide technology for mega-scale ammonia plant in Angola 11/25
- Indian refiners' October crude processing up over 3% y/y 11/25
- Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France 11/25
- Hexagon collaborates with Microsoft to enhance industrial operations 11/25
- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
