Crude oil
Industry Metrics
Asian refinery margins remained healthy ahead of the spring maintenance season, despite a slight fall due to signs of a bearish gasoline market.
Business Trends: Standardized modularization—Drivers, challenges and perspectives in the oil and gas industry
Modularization is an alternative way of performing engineering aimed to reduce the number of interfaces, the total installed cost (TIC) and overall schedule length of a project, while optimizing the return on investment (ROI) and allowing standardization for similar future projects.
Refining: Uncertainty grips South Africa’s Clean Fuels Program
The planned upgrading of oil refineries in South Africa to produce Euro 5-specified fuels will likely take longer than initially anticipated.
India to cut Iranian oil purchases in row over gas field
NEW DELHI (Reuters) -- Indian state refiners will cut oil imports from Iran in 2017/18 by a fifth, as New Delhi takes a more assertive stance over an impasse on a giant gas field that it wants awarded to an Indian consortium, sources familiar with the matter said.
IEA says oil prices will not jump sharply, despite OPEC supply cuts
NEW DELHI (Reuters) -- The International Energy Agency does not expect a major increase in global oil prices despite efforts by OPEC and non-OPEC members to reduce output, its executive director Fatih Birol told Reuters.
Environmental groups sue Trump administration for approving Keystone pipeline
WASHINGTON (Reuters) -- Several environmental groups filed lawsuits against the Trump administration on Thursday to challenge its decision to approve construction of TransCanada Corp's controversial Keystone XL crude oil pipeline.
China steps up Americas oil imports, Unipec backs ‘new frontier’
SINGAPORE (Reuters) -- China's largest crude oil buyer Sinopec aims to ship more cargoes from Brazil, the United States and Canada, to help ensure stable crude supplies as the Middle East boosts refining capacity and Africa suffers disruptions.
Nigeria to send oil governance bill to Senate on April 25
ABUJA (Reuters) -- Nigeria will send its oil governance bill to the Senate on April 25, a spokesman said on Thursday, the latest step in efforts to overhaul the energy sector in Africa's largest economy.
Pemex says port accident injures 17 workers, none badly
MEXICO CITY (Reuters) -- Mexican national oil company Pemex said on Wednesday that an accident at a terminal near the Gulf coast port city of Tampico has injured 17 workers, but none were badly hurt.
PetroChina latest China oil major to consider Aramco listing
BEIJING (Reuters) -- PetroChina will consider taking part in national oil giant Saudi Aramco's initial public offering based on market conditions, it said on Thursday, the second Chinese oil major to discuss becoming an investor this week.
- Mideast conflict turbocharges diesel prices, squeezing Europe 6/23
- Pertamina is looking to import > 200,000/month of 90-octane gasoline 6/23
- Japan will mitigate potential gasoline price spike, prime minister says 6/23
- Linde to invest $400 MM to build the world-scale air separation unit 6/23
- OEG signs major partnership agreement in Qatar 6/23
- U.S. Supreme Court lets fuel producers challenge California emissions standards 6/23
