Crude oil
Vietnam's new Nghi Son refinery expects to get first crude oil in May
HANOI (Reuters) -- Vietnam's new $7.5 billion Nghi Son oil refinery expects to take delivery of its first crude oil in May and to have its first products by the third quarter of the year, the company said on Thursday.
Indian refiners process 1.5% less oil in January
(Reuters) -- Indian refiners processed 21.11 MMt, or 4.99 MMbpd, of crude oil in January, a decline of around 1.5% compared with the same period last year, as many state refiners shut units for maintenance, preliminary government data showed on Wednesday.
Qatar minister says it’s too early to say whether output cuts to be extended
LONDON (Reuters) -- It is still too early to say whether oil producers will extend their output reduction agreement when members of the Organization of the Petroleum Exporting Countries meet in May, Qatar's energy minister said on Wednesday.
Oil rises as OPEC aims for deeper output cuts
LONDON (Reuters) -- Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.
After OPEC cuts heavy oil, China teapot refiners pull US supply to Asia
SINGAPORE/HOUSTON (Reuters) -- Chinese independent, or teapot, refiners are bringing in rare cargoes of North American heavy crude in a new long-distance flow that traders say has only been made possible by OPEC's output cuts and ample supplies in Canada and the United States.
ADNOC offers Murban crude from S. Korea storage in rare move
SINGAPORE (Reuters) -- Abu Dhabi National Oil Company has offered Murban crude to be loaded in April from its oil storage in South Korea in a rare move, three trade sources said on Thursday.
Crews clean up small illegal crude oil dump in Saskatchewan
CALGARY, Alberta (Reuters) -- Crews have cleaned up 95% of what appears to be an intentional crude oil spill from a large transport vehicle into a ditch near Lloydminster, Saskatchewan, local authorities said on Wednesday.
EIA: US crude and gasoline stockpiles hit record highs
(Reuters) -- US crude oil and gasoline inventories soared to record highs last week as refineries cut output and gasoline demand softened, the Energy Information Administration said on Wednesday.
Oil slips further below $56 on report of US inventory jump
LONDON (Reuters) -- Oil slipped further below $56 a barrel on Wednesday as an industry report showing a large rise in US crude inventories signaled ample supply, even as OPEC achieves record compliance with its supply-cut accord.
S.Korea's Jan crude imports from Iran more than double on year
SEOUL (Reuters) -- South Korea's January crude imports from Iran more than doubled from a year ago as the Middle Eastern country continues to increase its output to reclaim its market share.
- 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
