Crude oil
Reliance suspends Sikka diesel exports due to cyclone
Reliance Industries , which operates the world's largest refining complex, has suspended exports of diesel and other oil products from India's Sikka port because of a cyclone off the west coast of the country, traders said.
China's Unipec boosts Oman crude sales, caps oil prices despite Saudi cuts
China's Unipec, the trading arm of top Asian refiner Sinopec, has emerged as a major seller of August-loading Oman crude, a move that has helped to cap benchmark prices despite Saudi Arabia's plans to cut output next month.
Oil prices fall, U.S. Fed rate decision in focus
Oil prices fell ahead of a U.S. Federal Reserve meeting as investors tried to gauge its appetite for further rate hikes and amid concerns about the prospects for Chinese demand and rising Russian supply.
Pakistan's Russian crude shipment paid in Chinese currency
Pakistan paid for its first government-to-government import of Russian crude in Chinese currency, the South Asian country's petroleum minister said, a significant shift in its U.S. dollar-dominated export payments policy.
Shell pivots back to oil to win over investors
Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits are booming, company sources said.
Nigerian regulator links Exxon to illegal lifting of petroleum from terminal
Nigeria's downstream oil regulator has alleged ExxonMobil Corp was involved in the illegal lifting of petroleum products from an offshore terminal, according to a letter of complaint to the petroleum ministry.
India's May fuel consumption soars on robust manufacturing
India's fuel consumption surged in May with diesel sales scaling a record high, buoyed by strong factory activity in the third-largest oil consumer in the world.
Leak halts unit at Shell's Pernis oil refinery in Rotterdam
Shell has halted a unit at its Pernis oil refinery in Rotterdam because of an unspecified leak, the company said in a statement.
Russian oil supplies to EU via southern Druzhba to rise 16% in June
Russia's piped supply of Urals crude to the European Union via the southern Druzhba pipeline in June is set to increase by 16% compared to May as EU refiners seek to secure more oil amid fears of disruptions in transit via Ukraine.
Russia's Sakhalin invites India and China to tap energy resources
The local governor of Russia's Pacific island of Sakhalin has invited companies from India and China to tap the region's energy resources following the departure of European and American oil and gas majors.
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Global shipping industry sticks with green investments, despite carbon price delay 2/12
- GTT receives order from Samsung Heavy Industries for the tank design of two new very large ethane carriers 2/11
- Emerson introduces hybrid continuous gas analyzer for improved regulatory compliance and emissions control 2/11
