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Europe

Total and Erg get four bids for Italy petrol stations

MILAN (Reuters) -- Total and energy group Erg have received four bids for the Italian petrol station network they jointly own, three sources close to the matter said.

Mediterranean diesel diffs at 21-month high on tight supplies

LONDON (Reuters) -- A closed arbitrage from other regions and refinery shutdowns have tightened the Mediterranean diesel market driving cargo premiums to ICE gasoil futures to their highest since August 2015.

Fire hits Lukoil refinery in Russia's Urals

MOSCOW (Reuters) -- A fire erupted at a refinery of Russia's No. 2 oil producer Lukoil in the city of Perm in the Urals region, a local branch of the company, Lukoil Permnefteorgsintez, said on Friday.

Amec Foster Wheeler signs extension to BP master service agreement

LONDON -- Amec Foster Wheeler’s completions and commissioning company, qedi, has signed an extension of its global Master Service Agreement with BP, which it has successfully delivered since 2012.

Oil rebounds from near 2017 lows on falling US crude stocks

LONDON (Reuters) -- Oil prices rebounded from near 2017 lows on Wednesday after preliminary data showed a much larger-than-expected fall in US crude stocks, reviving bullish sentiment about easing oversupply.

TechnipFMC awarded EPC contract for sulfate reduction plant in Abu Dhabi

LONDON, PARIS, HOUSTON — TechnipFMC has been awarded by Zakum Development Company an Engineering, Procurement and Construction contract for a sulfate reduction plant on West Island located offshore Abu Dhabi, United Arab Emirates (UAE).

UK oil lobby warns May post-Brexit tariffs could double trade costs

LONDON (Reuters) -- The cost of Britain's oil and gas trade with the rest of the world could nearly double if the country fails to agree new tariffs when it leaves the European Union, the country's oil lobby group has warned Prime Minister Theresa May.

Russia's Evraz to supply pipes for Kinder Morgan's pipeline expansion

(Reuters) -- Evraz Plc, Russia's No. 2 steelmaker, signed an agreement with Kinder Morgan Inc to supply about 250,000 metric t of pipe to the US pipeline company for the expansion of the Trans Mountain pipeline.

German minister to try to persuade US to remain in climate pact

BERLIN (Reuters) -- German Environment Minister Barbara Hendricks said on Tuesday she would seek to convince the administration of US President Donald Trump to remain part of the Paris Climate Agreement during her trip to the United States later this month.

Gas leak at chemical firm Ineos contained at Scotland's Grangemouth

EDINBURGH (Reuters) -- A gas leak inside chemical firm Ineos' Grangemouth site in Scotland was successfully contained on Tuesday after emergency services rushed to the scene, police said.