Crude oil
PetroChina's head of crude oil trading resigns, replaced by deputy
BEIJING (Reuters) -- The head of crude oil trading at Chinese state energy giant PetroChina has resigned after 20 years with the company, a rare departure from a state-owned enterprise known for retaining talent in the midst of rapid expansion.
Indonesia police say Interpol issues red notices for 3 Sinopec execs
JAKARTA (Reuters) -- Indonesian police said on Tuesday Interpol has issued red notices, the closest to an international arrest warrant, for three Chinese executives suspected of fraud linked to a more than $800 million Sinopec oil terminal development in Indonesia.
Beset by delays, Myanmar-China oil pipeline nears start-up
YANGON/BEIJING (Reuters) -- Nearly a decade in the making, a project to pump oil 480 mi across Myanmar to southwest China is set for imminent start-up, with a supertanker nearing the port of Kyauk Phyu, marking the opening of a new oil trading route.
OPEC leans towards oil cut extension, but non-members need to be in
DUBAI/LONDON (Reuters) -- OPEC oil producers increasingly favor extending beyond June a pact on reducing crude supply to balance the market, sources within the group said, although Russia and other non-members need to remain part of the initiative.
China rescues 13 from burning oil tanker in East China Sea
BEIJING (Reuters) -- Chinese authorities rescued 13 people from oil tanker Xinglongzhou 569 that caught fire after a suspected explosion around 5 p.m. Sunday in the East China Sea, the official Xinhua news agency reported on Monday.
India's IOC buys its first Hibernia crude from Canada's Suncor
CALGARY, Alberta/NEW DELHI (Reuters) -- Indian Oil Corp became India's first refiner to buy light sweet Hibernia crude from Canada's largest oil company, doing the deal after the opening of the arbitrage for Canadian oil to flow to Asia.
China, Saudi Arabia eye $65 B in deals as king visits
BEIJING (Reuters) -- Saudi Arabia's King Salman oversaw the signing of deals worth potentially $65 billion on the first day of a visit to Beijing on Thursday, as the world's largest oil exporter looks to cement ties with the world's second-largest economy.
Sinopec starts operation of crude oil pipeline in south China
BEIJING (Reuters) -- China Petroleum and Chemical Corp has started operating a major crude oil pipeline that connects eastern Jiangsu province with refineries in south China, the company said in a statement.
S.Korea's February crude imports from Iran jump 54% on year
SEOUL (Reuters) -- South Korea's crude imports from Iran jumped nearly 54% in February from a year ago as Tehran continues to ramp up output after sanctions over its disputed nuclear program were removed early in 2016.
US judge denies tribe's request to stop oil flow in Dakota Access pipeline
WASHINGTON (Reuters) -- A US federal judge on Tuesday denied a request by a Native American tribe for an emergency injunction to prevent oil from flowing through part of the Dakota Access Pipeline, saying such a move would be against the public interest.
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- 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
