Crude oil
Hedge funds pile into gasoline amid pipeline, refinery woes
Money managers have amassed their largest bullish position in US gasoline in more than three months as pipeline and refinery outages send futures and pump prices of the motor fuel soaring.
CVR’s Wynnewood refinery to receive SCOOP crude from new pipeline
Velocity Midstream has entered into definitive agreements with CVR Refining for the construction of a pipeline and terminal directly linking the fairway of the South Central Oklahoma Oil Province to CVR’s Wynnewood refinery.
Easy resolution unlikely for contentious Dakota pipeline
Rerouting a long-anticipated pipeline in North Dakota would be a laborious and costly task, delaying startup by months and provoking further opposition from Native American and environmental groups.
Iran sends 1 MMbbl of oil to Austria's OMV in spot delivery
Austria's OMV received 1 MMbbl of crude oil from Iran which will be delivered to its two refineries in Austria and Romania.
India's Iran oil imports surge to highest in at least 15 years
India's daily oil imports from Iran in August surged to their highest in at least 15 years as the OPEC producer boosted its shipments to recoup market share ceded to rivals Saudi Arabia and Iraq under pressure from economic sanctions.
Energy Transfer committed to building Dakota Access pipeline
Energy Transfer Partners said it remained committed to completing construction of the Dakota Access Pipeline even after the US Justice Department blocked the project.
Teapot refineries slow China’s crude oil stockpiling
China's strategic crude oil stockpiling slowed in the first half of 2016 because of delays in facility construction, resulting in more imports flowing to the country's independent refineries.
EIA: Narrowing crude oil prices contribute to converging refining profits
Earnings per barrel of crude oil and other inputs processed by refiners that operate mainly in North America were lower in the second quarter of 2016 compared with the same time last year and are now close to per-barrel earnings by refiners operating elsewhere.
US government halts Dakota Access pipeline construction
The Obama administration stepped into a dispute Friday over a planned oil pipeline in North Dakota, blocking construction on federal land and asking the company behind the project to suspend work nearby.
Rangeland Energy brings RIO pipeline into service
Rangeland Energy’s RIO Pipeline is now in commercial service for all shippers transporting crude oil and condensate to market from the Delaware Basin.
- 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
