Crude oil
Leak halts unit at Shell's Pernis oil refinery in Rotterdam
Shell has halted a unit at its Pernis oil refinery in Rotterdam because of an unspecified leak, the company said in a statement.
Russian oil supplies to EU via southern Druzhba to rise 16% in June
Russia's piped supply of Urals crude to the European Union via the southern Druzhba pipeline in June is set to increase by 16% compared to May as EU refiners seek to secure more oil amid fears of disruptions in transit via Ukraine.
Russia's Sakhalin invites India and China to tap energy resources
The local governor of Russia's Pacific island of Sakhalin has invited companies from India and China to tap the region's energy resources following the departure of European and American oil and gas majors.
Oil prices steady as economic fears offset Saudi output cut
Oil prices were little changed after erasing earlier losses as worries over sluggish global economic growth that could reduce energy demand offset Saudi Arabia's pledge to deepen output cuts.
Kazakhstan’s oil output drops 3% in May vs April to 1.55 million bpd
Kazakhstan cut its oil production (excluding gas condensate) by 3% on a daily basis in May compared to April to 1.55 million barrels per day, Reuters calculations based on data from two sources familiar with preliminary data showed.
Saudi Arabia's 'icing on the cake' oil cut could feed U.S. producers
Saudi Arabia has crafted a complex OPEC+ deal with a view to punishing investors that have bet on falling oil prices but could inadvertently lend long-term support to the rival U.S. energy industry, OPEC+ insiders and market watchers said.
Ports in China's oil hub Shandong scrutinizing old tankers
Ports in China's Shandong province are demanding more detailed information about oil tankers that are more than 15 years old that call at their terminals potentially delaying the unloading of crude shipments in the world's biggest oil importer.
Russia fully enforces its oil output cuts
Russian is fulfilling its oil output cut obligations, Russian Deputy Prime Minister Alexander Novak told Rossiya-24 TV channel following a meeting of the OPEC+ group of leading oil producers.
Nigeria's NNPC winding down crude oil swap contracts
Nigeria's state oil firm NNPC Ltd is winding down crude swap contracts with traders and will pay cash for gasoline imports, its chief executive told Reuters, adding that private companies could begin importing petrol as soon as this month.
Oil gains 2% after U.S. debt deal and jobs data, focus turns to OPEC
Oil prices rose about 2% after the U.S. Congress passed a debt ceiling deal that averted a government default in the world's biggest oil consumer and jobs data fed hopes for a possible pause in interest rate hikes ahead of a meeting of OPEC and its allies this weekend.
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- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
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- MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant 11/18
