Crude oil
PetroChina latest China oil major to consider Aramco listing
BEIJING (Reuters) -- PetroChina will consider taking part in national oil giant Saudi Aramco's initial public offering based on market conditions, it said on Thursday, the second Chinese oil major to discuss becoming an investor this week.
Crude spill hits Jose oil terminal in Venezuela
HOUSTON/CARACAS (Reuters) -- Operations at Venezuela's main oil-exporting port Jose were hit by a crude oil spill on Tuesday, union sources and shipping agents told Reuters.
Egypt to halve arrears with oil companies in coming weeks
RAVENNA, Italy (Reuters) -- Egypt expects to cut the $3.5 B euros it owes to international oil companies by around half in coming weeks, the Egyptian oil minister said on Wednesday.
BP sees trading benefits from oil boom in the Americas
LONDON (Reuters) -- Oil major BP expects its trading operations to benefit from growing global crude trade on the back of abundant US, Canadian and Brazilian production and rising energy demand in Asia, a top BP executive said.
EIA: US crude oil exports went to more destinations in 2016
In 2016, US crude oil exports averaged 520,000 bpd, 55,000 bpd (12%) above the 2015 level, despite a year-over-year decline in domestic crude oil production. Even though oil exports have increased, growth in US crude oil exports has slowed significantly from its pace from 2013 to 2015, when annual US crude oil production grew rapidly.
Asia refiners snap up cheap light oil to reap higher fuel profits
SINGAPORE/SEOUL (Reuters) -- As the cost of light crude drops, some refiners in Asia are snapping up cargoes of the oil that is easier and cheaper to process than their usual diet of heavy crude, chasing profits from making diesel and gasoline.
OPEC, non-OPEC to look at extending oil-output cut by six months
KUWAIT (Reuters) -- A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday.
Native Americans to meet Norway's wealth fund watchdog over pipeline
OSLO (Reuters) -- Standing Rock Sioux tribe representatives will meet the ethics watchdog for Norway's $915 billion sovereign wealth fund on Monday over a US oil pipeline, a watchdog official said on Monday.
Thai Oil buys first crude cargoes from Oman, US amid OPEC cuts
SINGAPORE (Reuters) -- Thailand's largest oil refiner Thai Oil has bought its first ever cargoes of US Eagle Ford crude and Oman crude as its diversifies purchases amid OPEC production cuts, two sources with knowledge of the matter said on Friday.
Saudi exports to US to fall by 300,000 bpd in March
DUBAI (Reuters) -- Saudi Arabia's crude exports to the United States in March will fall by around 300,000 bpd from February, in line with OPEC's agreement to reduce supply, a Saudi energy ministry official said on Thursday.
- 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
