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Crude oil

Iraqi cabinet approves $4.6-B Basrah-Haditha oil pipeline project

The Iraqi cabinet has given approval for a Basrah-Haditha oil pipeline project, a statement from the Prime Minister's office said on Monday.

China issues 2025 crude quota to Sinochem for eastern China refineries

State-run Sinochem Group has received a crude oil import quota of 17.12 MM tonnes (t) for 2025, which will be for the group's eastern China refineries.

Ukraine hits Russian oil depot in Smolensk region

The Ukrainian military said on Tuesday its forces had hit a Russian oil depot in the western Smolensk region, setting fire to tanks storing oil products.

Oil rises on diesel demand boost in sparse holiday trade

Oil prices settled higher on Monday in thin late-year trade as investors bet on a drop in temperatures across the U.S. and Europe over the coming weeks to boost diesel demand.

Nigeria says its Warri refinery is back after a decade of closures

Nigeria said on Monday it had resumed some operations at its Warri oil refinery after almost a decade of shutdowns, one of a string of long-running failures that have left Africa's largest crude exporter importing most of its fuel.

Update: India's BPCL buys Middle East grades to replace Russian shortfall

State-run Indian refiner Bharat Petroleum Corp. (BPCL) is buying Middle Eastern crude to make up for less supply of cheaper Russian oil, its head of finance Vetsa Ramakrishna Gupta said in a recent interview.

EIA: U.S. crude stocks fall on strong refining demand

U.S. crude stocks drew down more than expected on strong refinery runs, while distillate inventories fell thanks to higher truck traffic during the holiday season and cold weather, data from the U.S. Energy Information Administration (EIA) showed on Friday.

bp says Whiting, Indiana (U.S.) refinery operations normal following leak

bp's 435,000-bpd Whiting, Indiana (U.S.) refinery was operating normally following a leak from a pipeline that transports liquid material.

Peru declares environmental emergency after oil spill

Peru's government on Thursday declared an environmental emergency in a northern coastal area, where state oil firm Petroperu last weekend spilled a crude oil shipment into surrounding waters of the Pacific Ocean.

Mexico's new Olmeca refinery operated at 17% of capacity in November

Mexican state energy company Pemex resumed refining operations at is new Olmeca refinery in November, working at nearly 17% of its 340,000-bpd capacity after being fully offline in October.