Europe
Oil falls after Harvey floods US refineries
LONDON (Reuters) — Oil prices slipped on Friday in the wake of Hurricane Harvey, which has killed more than 40 people and brought record flooding to the oil heartland of Texas, paralyzing a quarter of the US refining industry.
Storm Harvey opens up rare jet fuel exports from Europe to US
LONDON (Reuters) — Traders are shipping jet fuel from Europe to the United States, where Tropical Storm Harvey has sparked concern over possible shortages of the aviation fuel.
Russia remains China's top oil supplier for 5th month in a row in July
BEIJING (Reuters) — Russia held its spot as China's top crude oil supplier for a fifth month in a row in July, with shipments up 54% over a year earlier, data showed on Wednesday.
Oil prices climb as traders eye another US crude drawdown
NEW YORK (Reuters) — Oil inched up on Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were limited amid the reopening of Libya's largest oil field.
Fire breaks out at Exxon's refinery in Rotterdam, Netherlands
(Reuters) — ExxonMobil Corp said on Monday a fire broke out at its refinery in Rotterdam but that there were no injuries and most of the facility remained operational.
Kazakhstan may lift ban on gasoline, diesel fuel exports in January
ASTANA (Reuters) — Kazakhstan may lift a ban on the export of gasoline and diesel fuel a year earlier than planned to help local refineries increase profits after spending heavily on equipment upgrades, Energy Minister Kanat Bozumbayev said on Monday.
Diesel still needed to meet climate goals, Merkel says
BERLIN (Reuters) — German Chancellor Angela Merkel warned on Sunday against a swift abandonment of diesel cars after a series of emissions scandals, saying the fuel is still needed if climate change targets are to be met.
Rosneft, Trafigura close $12.9 B purchase of India's Essar Oil refinery
MUMBAI (Reuters) — Russian oil major Rosneft and partners closed their $12.9 B purchase of Indian refiner Essar Oil on Monday, giving them a foothold in one of the world's fastest growing oil users.
EIA: Danish, Turkish Straits critical to Europe’s crude oil, petroleum trade
The Danish Straits and Turkish Straits, together transited by a combined volume of more than 5 MMbpd in 2016, are important chokepoints for Europe’s crude oil and petroleum liquids supply.
Tatneft to double TANEKO's refining capacity in 2017
MOSCOW (Reuters) — Russian mid-sized oil producer Tatneft plans to double the capacity of its TANEKO oil refinery to 14 MMt this year, TANEKO General Director Leonid Alekhin told Reuters.
- INEOS to invest €250 MM in Lavera cracker modernization project in France 11/19
- BASF adds ISCC EU certification to certified biomass-balanced methanol portfolio 11/19
- Siam Cement to invest an additional $500 MM in Long Son chemical complex 11/19
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
