Crude oil
Transneft to up 2018 oil exports via its pipelines to 242.4 MMt
MOSCOW (Reuters) — Russian pipeline monopoly Transneft will increase oil exports via its pipeline system to 242.4 MMt in 2018, Vice President Sergei Andronov said on Monday.
Oil eases as traders and investors grow edgy ahead of OPEC
LONDON (Reuters) — Oil eased on Monday, as traders were wary of betting too heavily on which way prices might move ahead of an OPEC meeting next week, when the exporter group is expected to decide whether to continue output cuts aimed at propping up prices.
Rosneft says clinches oil supply deal with China's CEFC
MOSCOW (Reuters) — Russia’s largest oil producer Rosneft said on Monday it had signed a deal with CEFC China Energy Company Ltd on oil supplies, further strengthening its foothold in the world’s largest energy consumer.
Iran has exported 4.26 MMbbl of oil from South Pars since March
BEIRUT (Reuters) — Iran has exported about 4.26 MMbbl of oil from South Pars to international destinations since the beginning of the Iranian calendar year, which began in late March, Fardin Asadi, the manager for development of oil layers at South Pars, said on Sunday, according to the Iranian Students’ News Agency (ISNA).
Discount on Canadian heavy crude deepens after pipeline spill
CALGARY, Alberta (Reuters) — The discount on Canadian heavy crude surged wider on Friday as traders waited for news on how long TransCanada Corp’s 590,000 bpd Keystone pipeline would be shut down following a spill in South Dakota on Thursday.
Shell's long-standing head of crude trading Muller quits
LONDON (Reuters) — Royal Dutch Shell's head of crude oil trading Mike Muller, has stepped down after 29 yr with the company, an internal announcement reviewed by Reuters on Friday showed.
Oil climbs, but still set for first weekly fall in six
LONDON (Reuters) — Oil prices climbed on Friday but were still heading for their first week of losses in six, weighed down by Russian hesitation for extending a global pact to cut output and curb oversupply.
Keystone oil pipeline leaks in S.Dakota, as Nebraska weighs XL
CALGARY, Alberta (Reuters) — TransCanada Corp shut part of its Keystone oil pipeline system after a 5,000-barrel leak in South Dakota, the company said on Thursday, four days before neighboring Nebraska was set to decide on the company's long-delayed Keystone XL pipeline.
Middle East, US crude oil curbs Indian appetite for African supplies
NEW DELHI (Reuters) — India's imports of African crude oil in October plunged to their lowest in over four years, with the world's No.3 oil consumer increasingly turning to cheaper supplies from the United States and heavier Middle Eastern grades, ship tracking data showed.
Saudi energy minister: Market to remain oversupplied by March 2018
BONN, Germany (Reuters) — The world will still have a surplus of oil by end-March next year, Saudi Arabia's energy minister said on Thursday, signaling a willingness to extend output cuts when OPEC meets at the end of November on whether to extend caps well into 2018.
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- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
