Crude oil
S.Korea's Iranian crude oil imports rise around 40% on year in Aug
SEOUL (Reuters) — South Korea's imports of Iranian crude oil increased 40.2% in August from the same month a year earlier, with its refiners snapping up competitively priced cargoes from the Middle Eastern nation.
Sinopec starts up Tianjin commercial crude reserve
(Reuters) — A new commercial crude oil reserve base built by China’s Sinopec Corp in northern Chinese port of Tianjin received its first oil shipment on Wednesday, the state refiner said.
Greek oil spill spreads to Athens Riviera
ATHENS (Reuters) — Crews scrambled on Wednesday to clean up an oil spill from a sunken tanker which had spread to some of Athens's most popular beaches.
China's crude refinery output rebounds in Aug on new quotas
BEIJING (Reuters) — Chinese refineries processed 6.5% more crude oil in August than a year earlier at 47.12 MMt, or about 11.1 MMbpd, data from the National Bureau of Statistics showed on Thursday.
CB&I awarded storage project in Central Asia
THE WOODLANDS, Texas — CB&I announced it has been awarded a contract valued at approximately $50 MM for a storage project in Central Asia. CB&I's scope of work includes the engineering, fabrication and construction of nine flat bottom tanks.
IEA: Global oil inventories shrinking on robust demand
LONDON (Reuters) — The global oil surplus is beginning to shrink due to stronger-than-expected European and US demand growth, as well as production declines in OPEC and non-OPEC countries, the International Energy Agency said on Wednesday.
US Coast Guard, EPA cleaning up a dozen Texas chemical spills after Harvey
HOUSTON (Reuters) — The US Coast Guard and the Environmental Protection Agency are working with Texas state regulators to clean up oil and chemicals spilled from a dozen industrial facilities after flooding from Hurricane Harvey, authorities said.
Enbridge's Line 3 oil pipeline upgrade challenged by Minnesota govt
CALGARY, Alberta (Reuters) — Enbridge Inc's upgrade of its Line 3 crude oil pipeline hit an obstacle on Monday after the US state of Minnesota told a regulatory committee that it has no need for the project, and that the existing pipe should be shut.
Shell eyes Asia, aims to expand vehicle recharging at fuel stations
LONDON (Reuters) — Royal Dutch Shell aims to expand marketing operations in Asia and wants 20% of sales from its fuel stations worldwide to come from recharging electric vehicles and low carbon fuels by 2025, as the world shifts away from crude.
White Owl acquires Clairmont terminal in Canada
CALGARY — White Owl Energy Services Ltd. announced the acquisition of the Pembina Pipeline connected Clairmont terminal in the Grande Prairie area of Alberta.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- 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
