Europe
Oil prices climb as traders eye another US crude drawdown
NEW YORK (Reuters) — Oil inched up on Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were limited amid the reopening of Libya's largest oil field.
Fire breaks out at Exxon's refinery in Rotterdam, Netherlands
(Reuters) — ExxonMobil Corp said on Monday a fire broke out at its refinery in Rotterdam but that there were no injuries and most of the facility remained operational.
Kazakhstan may lift ban on gasoline, diesel fuel exports in January
ASTANA (Reuters) — Kazakhstan may lift a ban on the export of gasoline and diesel fuel a year earlier than planned to help local refineries increase profits after spending heavily on equipment upgrades, Energy Minister Kanat Bozumbayev said on Monday.
Diesel still needed to meet climate goals, Merkel says
BERLIN (Reuters) — German Chancellor Angela Merkel warned on Sunday against a swift abandonment of diesel cars after a series of emissions scandals, saying the fuel is still needed if climate change targets are to be met.
Rosneft, Trafigura close $12.9 B purchase of India's Essar Oil refinery
MUMBAI (Reuters) — Russian oil major Rosneft and partners closed their $12.9 B purchase of Indian refiner Essar Oil on Monday, giving them a foothold in one of the world's fastest growing oil users.
EIA: Danish, Turkish Straits critical to Europe’s crude oil, petroleum trade
The Danish Straits and Turkish Straits, together transited by a combined volume of more than 5 MMbpd in 2016, are important chokepoints for Europe’s crude oil and petroleum liquids supply.
Tatneft to double TANEKO's refining capacity in 2017
MOSCOW (Reuters) — Russian mid-sized oil producer Tatneft plans to double the capacity of its TANEKO oil refinery to 14 MMt this year, TANEKO General Director Leonid Alekhin told Reuters.
Repsol invests 5 MM Euros in Puertollano lubricants plant
Repsol will invest 5 MM euros in its Puertollano lubricants plant as part of the company’s objective to increase sales in both domestic and international markets. Production will be increased until maximum capacity is reached.
Linde awarded supply contract for biofuel refinery
GOTHENBURG, Sweden/MUNICH, Germany — Technology company The Linde Group has been awarded with the engineering and supply of a modular hydrogen manufacturing unit for St1 Refinery in Gothenburg, Sweden. Linde’s Engineering Division will start the engineering and construction of the unit immediately, with the completion estimated for the end of 2018.
Oil falls on strong dollar, OPEC and China weigh
LONDON (Reuters) — Oil prices fell on Tuesday, extending a heavy sell-off after a surge in the dollar and weighed down by signs of weaker demand in China, the world's second-largest consumer.
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