Crude oil
Kinder Morgan Canada appeals again over Trans Mountain pipeline
CALGARY, Alberta (Reuters) — Kinder Morgan Canada Ltd has again appealed to the country's energy regulator, asking it to set up a process to resolve potential disagreements over local permits for its planned Trans Mountain oil pipeline expansion project.
S.Korea's Oct crude oil imports from Iran down 9.5% on-month
SEOUL (Reuters) — South Korea's imports of Iranian crude oil fell 9.5% in October from the previous month as the Middle Eastern country cut crude and condensate exports to Asia due to production setbacks.
EIA: Russia exports most of its crude oil production, mainly to Europe
Russia exported more than 5.2 MMbpd of crude oil and condensate and more than 2.4 MMbpd of petroleum products in 2016, mostly to countries in Europe. Exports of crude oil and petroleum products represented nearly 70% of total Russian petroleum liquids production in 2016.
China's crude oil processing runs in October rise to 2nd highest on record
BEIJING (Reuters) — China’s refiners raised crude oil processing runs to near record monthly levels in October as refining margins jumped after the country’s state planner hiked prices for gasoline and diesel at the pump.
IEA: Warmer weather may tilt oil market into surplus as demand slows
LONDON (Reuters) — Global oil demand growth looks likely to increase more slowly over the coming months, as warmer temperatures cut consumption, which may tilt the market back into surplus in the first half of next year, the International Energy Agency said on Tuesday.
Oil steady near 2-yr highs, US supply increase caps rise
LONDON (Reuters) — The Brent oil price was steady at close to two-year highs on Monday, with support from Middle East tensions and record long bets by fund managers balanced by rising US production.
China CNPC completes domestic pipeline to receive more Russian oil
(Reuters) — China National Petroleum Corp completed the last welding of a 941.8-km pipeline in northeast China, ready to start taking Russian oil from Jan. 1, the state energy group said late on Sunday.
As Saudi Arabia limits US crude shipments, Iraq steps in
NEW YORK (Reuters) — Saudi Arabia's efforts to reduce a worldwide crude supply glut by cutting shipments to the United States means others are now filling in, most notably Iraq, in a trend that is set to accelerate in coming months.
OPEC sees tighter 2018 oil market as demand grows, supply falls
LONDON (Reuters) — OPEC on Monday forecast higher demand for its oil in 2018 and said its production-cutting deal with rival producers was reducing excess oil in storage, pointing to an even tighter global market next year.
Oil markets little changed near 28-month highs
NEW YORK (Reuters) — Crude oil were little changed on Friday as expectations OPEC and other producers will extend their production cut agreement were offset by forecasts US output will continue to grow with prices holding near 28-month highs.
- 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
