Crude oil
Petroperu close to boosting crude supply for Talara refinery, president says
Peru's state-owned energy firm Petroperu is negotiating with oil producers in the Americas and Asia to import about 63,000 bpd of crude for its newly modernized Talara refinery.
India soon to overtake China as largest oil demand driver
India will soon overtake China as the largest driver of global oil demand, International Energy Agency chief Fatih Birol said.
U.S. crude inventories post surprise large build, fuel stocks rise
U.S. crude oil stockpiles posted a surprise large build last week, while gasoline and distillate inventories gained more than expected.
China to become oil refining juggernaut, raising global risks
China is both the biggest driver of future demand for crude oil, and the biggest risk to global refining as it will continue to hold much of the world's spare capacity.
Cushing, OK chosen as new site for $5.6-B oil refinery project
El Campo-based Prairie Energy Partners has chosen Cushing, Oklahoma as the location for its proposed $5.6-B oil refinery project, despite property tax incentives offered by Victoria County officials in Texas.
Fire extinguished at oil refinery in Russia's Krasnodar
A fire at an oil refinery in Russia's Krasnodar region has been extinguished, a local emergency task force said.
bp's Toledo refinery suffered cascade of malfunctions before fatal explosion
Supervisors at bp's Toledo, Ohio refinery opted to keep the plant running despite a series of malfunctions and a petroleum spill in the hours before an accident that killed two workers last year.
Pakistan PM says first discounted Russian crude oil cargo arrives in Karachi
Pakistan's Prime Minister Shehbaz Sharif said the first cargo of discounted Russian crude oil arranged under a new deal struck between Islamabad and Moscow had arrived in Karachi.
Reliance suspends Sikka diesel exports due to cyclone
Reliance Industries , which operates the world's largest refining complex, has suspended exports of diesel and other oil products from India's Sikka port because of a cyclone off the west coast of the country, traders said.
China's Unipec boosts Oman crude sales, caps oil prices despite Saudi cuts
China's Unipec, the trading arm of top Asian refiner Sinopec, has emerged as a major seller of August-loading Oman crude, a move that has helped to cap benchmark prices despite Saudi Arabia's plans to cut output next month.

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