Crude oil
China grants two independent plants import quotas totaling 4.08 MMt of crude
BEIJING (Reuters) -- China has granted two independent refiners crude oil import quotas for a total annual volume of 4.08 MMt, the National Development and Reform Commission (NDRC) said in two separate statements on Wednesday.
BridgeTex owners seek more than $300 MM from shipper
HOUSTON (Reuters) -- Plains All American Pipeline and Magellan Midstream Partners filed an amended breach of contract lawsuit seeking more than $300 MM in damages from Stampede Energy over an oil transport deal, according to court documents.
Iran "not concerned" by Indian threat to cut oil imports
LONDON (Reuters) -- Iran's oil minister dismissed India's decision to cut oil imports from Tehran in 2017/18 by a fifth as a threat on Wednesday, in an escalation of a dispute over a giant gas field contract.
Transneft could raise oil exports to Belarus from April
MOSCOW (Reuters) -- Russia's Transneft has the technical capacity to pump 24 MMt of oil to Belarus this year and could start pumping additional volumes from April, an official at the oil pipeline monopoly told Reuters on Tuesday.
Brazil's black market pipeline: Gangs hijack Petrobras' oil, fuel
RIO DE JANEIRO (Reuters) -- In September, police investigating a wave of killings in the northern Rio de Janeiro suburbs followed a tip to the isolated scrubland near the massive Duque de Caxias oil refinery.
Seeking higher revenues, Saudi sets out stall for light crude
DUBAI (Reuters) -- Despite OPEC's oil output curbs, Saudi Arabia has been offering its customers more light crudes while cutting heavy grades, a trend that could increase as the kingdom wants to maximize revenue and needs more heavy oil to power its own refineries.
Rosneft takes first shipment of Kurdish oil for refining system
LONDON (Reuters) -- Russian state oil giant Rosneft will buy its first shipment of oil from Iraq's Kurdistan in early April, becoming the first oil major to take Kurdish crude directly into its refining system, trading sources said on Friday.
China to import first SGC, Thunderhorse oil from US in April
SINGAPORE/HOUSTON (Reuters) -- China will import Southern Green Canyon (SGC) and Thunderhorse crude oil from the Gulf Coast of the United States for the first time when a supertanker carrying 2 MM barrels arrives in April, two sources with knowledge of the matter said.
Nigeria oil tanker drivers to strike over low wages, poor roads
ONITSHA, Nigeria (Reuters) -- Nigerian oil tanker drivers will go on strike from April 3 over low wages and poor roads, said a labor union official on Sunday, threatening to choke off supply until their requests are met.
Iraq has pledged to fully comply with oil cut deal, OPEC chief says
BAGHDAD (Reuters) -- Iraq has assured OPEC it will fully comply with an agreement to cut oil supply in order to bolster crude prices, OPEC Secretary General Mohammed Barkindo said on Sunday in Baghdad.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
