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Refining

Russia's Tuapse oil refinery resumes production after fire

MOSCOW (Reuters) -- Russia's Tuapse oil refinery, which is owned by Rosneft and suffered a fire on Wednesday, has resumed production in full, including vacuum gasoil output, a Rosneft representative told Reuters on Friday.

Pemex sells Maya crude to US West Coast for first time since 2008

MEXICO CITY (Reuters) -- Mexico's Pemex has begun selling heavy Maya crude for the first time since 2008 to US West Coast refiners, the head of the state oil company's international trading arm said on Thursday.

Venezuela's PDVSA sees 2017 oil output stuck near historic lows

(Reuters) -- Venezuelan state energy company PDVSA projects oil production will remain near 23-year lows in 2017, an internal document shows, suggesting more hardship ahead for the crisis-wrought OPEC member country.

India's 2016 Iran oil imports hit record high

NEW DELHI (Reuters) -- India's annual oil imports from Iran surged to a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts.

US East Coast refiners binge on Algerian crude

NEW YORK (Reuters) -- US East Coast refiners are in the midst of their biggest buying spree of Algerian crude in years as they take advantage of cheap oil spilling out of the region, traders said on Thursday.

Accident kills worker at Pemex refinery, output not affected

MEXICO CITY (Reuters) -- An accident at the Ciudad Madero refinery of Mexican state-owned oil firm Pemex killed one worker on Thursday, but the incident will not affect production, a company spokesperson said.

China's CNPC forecasts record oil demand, warns on product glut

BEIJING (Reuters) -- China's crude oil demand will grow by 3.4% this year to a record of almost 12 MMbpd, the country's top state-owned oil producer forecast on Thursday, as refiners in the world's second-biggest oil user ramp up output.

Rosneft signs oil supply deal with firm linked to Qatar, Glencore

MOSCOW (Reuters) -- Russian oil major Rosneft has concluded a deal with a company linked to Qatar and commodities trader Glencore to supply up to 55 MMt of crude in total over a 5-year period, Rosneft said in a statement on Tuesday.

Russia's Tuapse refinery catches fire, says output plans unaffected

MOSCOW (Reuters) -- Russia's Tuapse oil refinery, owned by Rosneft, said it had caught fire on Wednesday and that the incident would not affect production plans.

Refiners shun new Canadian crude blend offer from Enbridge line

CALGARY, Alberta (Reuters) -- Enbridge Inc has approved a new stream of heavy Canadian crude for export on one of its major oil pipelines to the United States, according to four trading sources. The only problem? No one wants it.