Crude oil
PDVSA at risk of losing Bonaire terminal over maintenance delay
HOUSTON (Reuters) — Venezuela’s PDVSA could lose its license to operate an oil storage terminal it owns on the Dutch Caribbean island of Bonaire if it does not soon fulfill maintenance demands by regulators, a government spokeswoman said on Tuesday.
Enterprise to implement additional crude oil quality specs at Cushing terminal
HOUSTON — Enterprise Products Partners L.P. announced that it will adopt five new quality specifications for sweet crude oil, also referred to as West Texas Intermediate (WTI) at its terminal in Cushing, Oklahoma. Enterprise’s Cushing terminal is a physical delivery point for NYMEX WTI futures.
TransMontaigne Partners acquires two refined product, crude oil terminals
DENVER — TransMontaigne Partners L.P. announced that it has completed the previously announced acquisition of the Martinez Terminal and Richmond Terminal from an affiliate of Plains All American Pipeline, L.P.
Oil rises on UK pipeline outage but US supply caps gains
LONDON (Reuters) — Oil edged up towards $64/bbl on Tuesday, helped by a North Sea pipeline outage, OPEC-led supply cuts and jitters about threats to Middle East supplies after a missile was fired by a Yemeni group at the Saudi capital.
Russia's Transneft halts domestic oil product pipeline after spill
MOSCOW (Reuters) — Russian pipeline monopoly Transneft on Monday said it had stopped pumping oil products such as diesel through one of its lines after discovering signs of an oil spill.
S.Korea refiner buys rare Canadian crude cargo for February
SEOUL/SINGAPORE (Reuters) — South Korean refiner GS Caltex Corp has bought a rare cargo of Cold Lake crude, the company’s first purchase in more than two decades of this Canadian oil grade, a company spokesman said on Monday.
Ineos sticks with 2–4 week Forties pipeline repair estimate, assessing damage
LONDON (Reuters) — Repairing Britain's Forties crude oil pipeline in the North Sea is still expected to take two to four weeks, operator Ineos said on Monday, as assessment continues a week after it was closed down.
Iraq plans oil pipeline network to cover all its territory
BAGHDAD (Reuters) — Iraq plans to build a pipeline network to carry oil products across all its territory as an alternative to expensive and hazardous transport by tanker truck, Oil Minister Jabar al-Luaibi said on Saturday.
Alaska oil companies settle dispute over Trans-Alaska Pipeline tariff charges
ANCHORAGE, Alaska (Reuters) — The state of Alaska will receive hundreds of millions of dollars in a settlement with oil companies over the value of North Slope crude oil shipped through the Trans-Alaska Pipeline (TAP), officials announced.
Russian oil exports to China via Skovorodino seen jumping 57% in 1Q
MOSCOW (Reuters) — Russian ESPO Blend oil exports to China via the Skovorodino-Mohe pipeline are expected to jump by 57% to 6.7 MMt in the first quarter of 2018 compared with the previous three months, sources familiar with the loading schedule told Reuters on Friday.
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
