Crude oil
Rule changes help India's oil market act its size
Freed from a layer of fusty bureaucracy, India's state refiners are helping the country evolve an oil market that reflects its status as both the world's fastest growing major economy and oil consumer.
India's $20-B refinery expansion to cut fuel oil output
India may turn into a net importer of fuel oil as its state-owned refiners are making multi-billion dollar investments to upgrade their refineries.
Saudis, Mideast producers vie for China's teapot crude imports
Top global oil exporter Saudi Arabia is looking at new ways to sell crude to China, offering more cargoes at spot prices and more lenient payment terms.
Angola becomes China's biggest oil supplier in September
Angola became China's largest crude supplier for the second time in September, taking the top position from Russia.
S. Korea's GS Caltex buys North Sea Forties crude for January arrival
The narrowing of Brent's premium to Dubai swaps this month has prompted Asian refiners like GS Caltex to turn their attention to arbitrage crude from Europe.
ExxonMobil boss, Saudi minister differ on oil investment outlook
ExxonMobil's CEO Rex Tillerson and Saudi Arabia's energy minister took opposing views on declining investment in the oil sector setting the stage for a possible major supply crunch.
Dakota Access construction equipment set ablaze in Iowa
Construction equipment for Dakota Access’ oil pipeline suffered about $2 MM in damage in an intentionally set fire over the weekend in Iowa.
Mangalore refinery receives first crude parcel from Iran for strategic reserve
Mangalore Refinery and Petrochemicals Ltd. received the first parcel of crude oil for delivery into the Mangalore cavern of Indian Strategic Petroleum Reserves Ltd.
Activists disrupt key Canada-US oil pipelines
Climate-change activists disrupted the flow of millions of barrels of crude from Canada to the US in rare, coordinated action that targeted several key pipelines simultaneously.
EIA - US crude oil imports rise during first-half 2016
During the first half of 2016, US gross crude oil imports increased by 528 Mbpd, or 7%, compared to the first half of 2015, reversing a multiyear trend of decreasing US crude oil imports as a result of increasing US production.
- China's first coal-to-chemicals project with green hydrogen starts commercial operations 11/20
- Norsk e-Fuel and Braskem partner to turn captured carbon into long-lasting products 11/20
- Nigeria's Dangote refinery delays CDU maintenance to end of January 2026 11/20
- Technimont attends ground-breaking ceremony of Tengiz Gas separation Complex in Kazakhstan 11/20
- 42% of U.S. energy/critical infrastructure providers exposed to weaponized AI and email attacks 11/20
- EIA: U.S. crude stocks fall on higher demand, fuel inventories rise 11/20
