Crude oil
Saudis, Mideast producers vie for China's teapot crude imports
Top global oil exporter Saudi Arabia is looking at new ways to sell crude to China, offering more cargoes at spot prices and more lenient payment terms.
Angola becomes China's biggest oil supplier in September
Angola became China's largest crude supplier for the second time in September, taking the top position from Russia.
S. Korea's GS Caltex buys North Sea Forties crude for January arrival
The narrowing of Brent's premium to Dubai swaps this month has prompted Asian refiners like GS Caltex to turn their attention to arbitrage crude from Europe.
ExxonMobil boss, Saudi minister differ on oil investment outlook
ExxonMobil's CEO Rex Tillerson and Saudi Arabia's energy minister took opposing views on declining investment in the oil sector setting the stage for a possible major supply crunch.
Dakota Access construction equipment set ablaze in Iowa
Construction equipment for Dakota Access’ oil pipeline suffered about $2 MM in damage in an intentionally set fire over the weekend in Iowa.
Mangalore refinery receives first crude parcel from Iran for strategic reserve
Mangalore Refinery and Petrochemicals Ltd. received the first parcel of crude oil for delivery into the Mangalore cavern of Indian Strategic Petroleum Reserves Ltd.
Activists disrupt key Canada-US oil pipelines
Climate-change activists disrupted the flow of millions of barrels of crude from Canada to the US in rare, coordinated action that targeted several key pipelines simultaneously.
EIA - US crude oil imports rise during first-half 2016
During the first half of 2016, US gross crude oil imports increased by 528 Mbpd, or 7%, compared to the first half of 2015, reversing a multiyear trend of decreasing US crude oil imports as a result of increasing US production.
US federal agencies ask for another pipeline construction pause
The US Army and Departments of Interior and Justice asked the company building the Dakota Access pipeline to voluntarily halt construction within 20 miles of a contested section of the proposed route.
US Federal appeals court hears arguments over Dakota Access pipeline
Three federal appeals judges in Washington, DC, heard arguments over whether to stop work on a crude oil pipeline in parts of North Dakota where the Standing Rock Sioux and other tribes say the project will desecrate sacred land.
- Aramco signs MoU with Microsoft to help advance industrial AI and digital talent transformation 2/23
- Chandra Asri's chlor alkali-ethylene dichloride project reaches 50% completion 2/23
- Solvay to reduce production at Torrelavega soda ash plant due to market conditions 2/23
- Zeon Corp. holds groundbreaking for new cyclo-olefin polymers plant 2/23
- Honeywell adjusts acquisition agreement for Johnson Matthey's Catalyst Technologies business down to £1.325 billion 2/23
- Indorama Ventures and AMB Spa introduce industrial-scale breakthrough for recyclable multilayer trays 2/23
