Crude oil
Canada's Cenovus says would consider refinery acquisitions
Canadian oil and gas producer Cenovus Energy Inc said it would consider refinery acquisitions, provided the opportunity offered good value and was easily accessible for Canadian crude.
Panama Canal readies for surge in tonnage after upgrade
The Panama Canal is likely to attract up to 15% more tonnage next year after an upgrade which means it can now accommodate gas tankers previously too large to transit.
ExxonMobil warns low oil prices may dent reserves nearly 20%
Exxon Mobil Corp. warned it may need to slash proved reserves on its books by nearly 20% if oil prices stay low for the rest of 2016.
Rule changes help India's oil market act its size
Freed from a layer of fusty bureaucracy, India's state refiners are helping the country evolve an oil market that reflects its status as both the world's fastest growing major economy and oil consumer.
India's $20-B refinery expansion to cut fuel oil output
India may turn into a net importer of fuel oil as its state-owned refiners are making multi-billion dollar investments to upgrade their refineries.
Saudis, Mideast producers vie for China's teapot crude imports
Top global oil exporter Saudi Arabia is looking at new ways to sell crude to China, offering more cargoes at spot prices and more lenient payment terms.
Angola becomes China's biggest oil supplier in September
Angola became China's largest crude supplier for the second time in September, taking the top position from Russia.
S. Korea's GS Caltex buys North Sea Forties crude for January arrival
The narrowing of Brent's premium to Dubai swaps this month has prompted Asian refiners like GS Caltex to turn their attention to arbitrage crude from Europe.
ExxonMobil boss, Saudi minister differ on oil investment outlook
ExxonMobil's CEO Rex Tillerson and Saudi Arabia's energy minister took opposing views on declining investment in the oil sector setting the stage for a possible major supply crunch.
Dakota Access construction equipment set ablaze in Iowa
Construction equipment for Dakota Access’ oil pipeline suffered about $2 MM in damage in an intentionally set fire over the weekend in Iowa.
- SkyNRG starts construction on its first SAF plant in Delfzijl, the Netherlands 2/13
- India's Reliance wins U.S. license for Venezuelan oil 2/13
- Singapore light distillates stocks hit over 3-yr high on robust imports 2/13
- Three contractors injured at ExxonMobil facility in Beaumont, Texas (U.S.) 2/13
- China's epic renewables boom lifts it into rare clean capacity club 2/13
- TotalEnergies booked loss in France due to refining activities, CEO says 2/13
