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Europe

Oil hits one-month high after US missile strike in Syria

LONDON (Reuters) -- Oil prices hit a one-month high on Friday after the United States fired missiles at a Syrian government airbase, sending shockwaves through global markets and raising concerns that the conflict could spread in the oil-rich region.

Novak says in talks with Belarus to up oil supplies from April 13

MOSCOW (Reuters) -- Russia may increase oil supplies to Belarus starting from April 13 if Minsk pays for the crude by then, Russian Energy Minister Alexander Novak said on Friday.

MOL's Slovak refinery starting planned turnaround in April

PRAGUE (Reuters) -- Slovak oil refiner Slovnaft, part of the Hungarian oil and gas group MOL, will shut down some production starting over the Easter holiday in April for a general turnaround lasting until June, it said.

Iran struggles to expand oil exports as sea storage cleared

LONDON (Reuters) -- Iran has sold all the oil it had stored for years at sea and Tehran is now struggling to keep exports growing as it grapples with production constraints, shipping and oil sources say.

Traders clear Europe's tanks by shipping more gasoline to US

LONDON (Reuters) -- Traders are shipping more gasoline from Europe to the US East Coast ahead of the summer driving season as a steady reduction in inventories there props up prices.

Wood Group estimates higher cost savings from Amec Foster deal

(Reuters) -- Oil services company John Wood Group Plc said it expected about 36% more cost savings from its deal to buy Amec Foster Wheeler Plc for $2.7 B than it first estimated when announcing the deal in March.

ExxonMobil completes heavy lift of hydrocracker tower at Rotterdam refinery

ROTTERDAM -- ExxonMobil successfully completed the heavy lift of its vacuum fractionation tower for the hydrocracker at its Rotterdam refinery this April.

ABB buys B&R, puts company No. 2 in processing, industrial sector

ZURICH (Reuters) -- Swiss engineering group ABB has bought Austrian industrial automation company Bernecker & Rainer, a move that fits in with its strategy of expanding its products to better challenge German rival Siemens on the factory floor.

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.

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.