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Refining

Valero's results beat on strong demand for refined products

(Reuters) -- Valero Energy Corp reported better-than-expected results as sales in its refining business shot up 40%, helped by robust gasoline demand and declining refined product inventories in the United States.

US East Coast refiners eye Texas oil as North Dakota alternative

NEW YORK (Reuters) -- US East Coast refiners are looking to buy increasing volumes of domestic crude oil from the Gulf Coast, two sources said, the latest twist in a trade flow upheaval in the wake of the opening of the Dakota Access pipeline.

Iran becomes No. 2 oil supplier to S. Korea in Q1 2017

SEOUL (Reuters) -- Iran ranked as South Korea's second-biggest oil exporter over the first three months of 2017 as it ramped up output to regain market share after sanctions were lifted last year, the first time ever it has claimed the No. 2 spot on a quarterly basis.

Chile oil refinery Aconcagua suspends operations after quake

Chile oil refinery Aconcagua suspends operations after quake

S.Korea's GS Caltex buys Russian Urals crude for first time

SEOUL (Reuters) -- GS Caltex, South Korea's second-largest refiner, has bought Russian Urals crude for the first time, a company spokesman said on Monday.

Canada's Morneau sees no surprise in Trump's trade rhetoric

WASHINGTON (Reuters) -- Canadian Finance Minister Bill Morneau said on Friday there was no surprise from his perspective in US President Donald Trump's statements lashing out against trade with Canada, but that officials behind the scenes were open to discussions.

China exports record diesel volumes in March

BEIJING (Reuters) -- China exported record volumes of diesel in March and boosted sales of gasoline and kerosene as refiners continued to turn to foreign markets to offload their excess product, while liquefied natural gas imports also jumped, customs data showed on Sunday.

Distribution of Neste diesel expands to Estonia

Neste will start distributing the Neste Pro Diesel in the company's Estonian station network. Distribution starts with four stations and will be expanded during May to cover 20 Neste stations in Estonia.

Nebraska farmers could derail Keystone XL pipeline

NELIGH, Nebraska (Reuters) -- When President Donald Trump handed TransCanada Pipeline Co. a permit for its Keystone XL pipeline last month, he said the company could now build the long-delayed and divisive project "with efficiency and with speed."

Neste Jacobs to perform energy study for Unipetrol's Czech Republic refinery

Technology, engineering and project management company Neste Jacobs and refinery and petrochemical group Unipetrol have signed an agreement for Neste Jacobs to perform a comprehensive energy efficiency study of Unipetrol's Litvinov oil refinery in Czech Republic.