Europe
Oil down on record US crude stocks, flat Russian output
LONDON (Reuters) -- Oil prices fell on Thursday after US crude stocks hit an all-time high and official data showed Russian oil production unchanged in February, with no further cuts to tighten the market and drain global oversupply.
BP announces growth plans for the next five years at presentation
LONDON -- During a presentation in London, BP updated the financial community on details of its strategy and, in particular, medium-term plans for the next five years, based on oil prices similar to where they are today.
Neste Jacobs to deliver simulators to catalytic cracking unit, FCC gas recovery unit
Neste Jacobs, a technology, engineering and project management company and Neste, the world's largest producer of renewable diesel and producer of high-quality oil products, have signed an agreement regarding deliveries of NAPCON Simulators to Fluid Catalytic Cracking Unit and FCC Gas Recovery Unit to Porvoo refinery.
Neste starts ex-pipe delivery of low-sulfur marine fuel in Sweden
Neste has started the ex-pipe delivery of low-sulfur marine fuel at the Södertälje terminal in Sweden. In ex-pipe delivery, marine fuel is delivered directly to ships via a pipeline from the terminal, without any separate refueling trucks or vessels.
Russia says in talks over Iranian oil purchases
SOCHI, Russia (Reuters) -- Russia has been in talks of buying oil from Iran, Energy Minister Alexander Novak said on Monday, confirming earlier reports.
Mexico's Pemex inks hydrogen refinery JV with France's Air Liquide
MEXICO CITY (Reuters) -- Mexico's Pemex will partner with France's Air Liquide SA to operate an existing hydrogen plant and build a second one at its Tula refinery, the Mexican state-owned oil company said in a statement on Thursday.
Hellenic Petroleum Q4 core profit beats forecasts
ATHENS (Reuters) -- Greece's biggest oil refiner Hellenic Petroleum reported a 17% rise in fourth quarter core profit on Thursday, helped by strong refining margins and exports.
Vitol and Galaxy Energy win Rosneft tender for Urals crude
MOSCOW (Reuters) -- Russia's Rosneft awarded a sell tender for Urals crude oil for loading from Primorsk, Ust-Luga and Novorossiisk between April and September to traders Vitol and Monaco-based Galaxy Energy, four market sources told Reuters.
Oil rises as OPEC aims for deeper output cuts
LONDON (Reuters) -- Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.
Russia's Lukoil sells its petrochemical plant in Ukraine
MOSCOW (Reuters) -- Russian oil producer Lukoil said in a statement on Tuesday it has completed the sale of its Karpatneftekhim petrochemical plant in western Ukraine.
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