Crude oil
Kinder Morgan Canada appeals to regulator after permit failure
CALGARY, Alberta (Reuters) — Kinder Morgan Canada Ltd said Thursday that it has been unable to gain permits from the coastal city of Burnaby, British Columbia, for its Trans Mountain pipeline expansion and is appealing to the national regulator for construction approval.
Iran's crude, condensate exports to tumble to 19-month low in Oct
TOKYO/SINGAPORE (Reuters) — Iran's total crude and condensate exports for October are expected to tumble by nearly a fifth from the previous month to a 19-month low, dented by production issues, a person with knowledge of the country's tanker loading schedule said.
Explorer Pipeline fuel line from Texas to Oklahoma running at reduced rates
NEW YORK (Reuters) — Explorer Pipeline’s fuel line from Houston to Glenpool, Oklahoma, is running at reduced rates due to temporary repairs made on Oct. 24, pushing up cash gasoline prices in Midwestern markets.
Oil slips on higher US crude inventories, production
LONDON (Reuters) — Oil slipped on Thursday, pressured by an unexpected increase in US crude inventories, high US production and exports, but stayed near multi-month highs on support from tighter crude markets.
Saudi Aramco subsidiary to buy stake in Rotterdam terminal
RIYADH (Reuters) — Saudi Aramco Overseas Company (AOC), a subsidiary of Saudi Aramco, has entered into an arrangement to buy a stake in a Rotterdam terminal from commodities trader Gunvor, the company said on Thursday.
BP Midstream Partners' prices IPO at $18 per unit
(Reuters) — BP Midstream Partners' said on Wednesday its initial public offering was priced at $18 per unit, below the expected range of $19 to $21, raising about $765 MM.
Oil eases but still near four-week highs after Saudi supply pledge
LONDON (Reuters) — Oil steadied on Wednesday near a four-week high after top exporter Saudi Arabia said it was determined to end a supply glut that has been weighing on the market for 3 yr.
Ecuador seeks renegotiation of China oil sales, loans
QUITO (Reuters) — Ecuador is seeking to renegotiate oil deals with Chinese firms to get higher prices for its crude exports and reduce the amount it has to send the Asian giant, the head of state-owned Petroecuador, Byron Ojeda, said on Tuesday.
IEA sees Southeast Asia oil demand growing until at least 2040
SINGAPORE (Reuters) — Southeast Asian demand for oil will keep growing until at least 2040 as emerging nations there rely on the fossil fuel to transport their rapidly growing populations, ship goods and make plastics, the International Energy Agency said on Tuesday.
Noble Group to sell oil liquids unit to Vitol, flags $1.2 B loss
SINGAPORE (Reuters) — Struggling commodities trader Noble Group agreed to sell its Americas-focused oil trading business to Vitol for about $580 MM as part of a debt-cutting strategy, and warned of a big loss for its third quarter.
- 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
