Europe
BP to fuel McLaren F1 team after ExxonMobil split
LONDON (Reuters) -- BP and its Castrol brand will supply the McLaren Formula One team with fuel and lubricants this season in addition to rivals Renault.
Oil rises on signs of widespread OPEC deal compliance
LONDON (Reuters) -- Oil prices rose about $1 on Friday after reports that OPEC members delivered more than 90% of the output cuts they pledged in a landmark deal that came into force in January.
Rosneft's Volga refineries in limbo over tax reform, low oil prices
MOSCOW (Reuters) -- Some of the domestic refineries of Russia's largest oil producer Rosneft have been hit hard by tax reforms and weaker oil prices, putting a strain on profits, sources and analysts told Reuters on Friday.
UK grocer first in Europe to use new trucks fueled by food waste
ROME (Thomson Reuters Foundation) -- A British supermarket has become the first retailer in Europe to use a new type of tank that keeps trucks motoring on fuel made from food waste for 500 miles, almost twice the current average.
Russia to boost Urals exports in first half despite cutting oil output with OPEC
MOSCOW (Reuters) -- Russia is set to post higher exports of Urals crude for the first half of this year despite cutting oil production ahead of schedule under a deal with OPEC aimed at boosting prices.
Venezuela falls behind on oil-for-loan deals with China, Russia
HOUSTON/CARACAS (Reuters) -- Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters.
EU plans more legal action against governments soft on car emissions cheating
BRUSSELS (Reuters) -- The European Union plans more legal action soon against governments that have failed to police emissions test cheating by carmakers in the wake of the Volkswagen diesel scandal, a top official said on Thursday.
Deadline set for bids on Moroccan oil refiner Samir
RABAT (Reuters) -- The Moroccan court-appointed administrator for oil refiner Samir has set a deadline for prospective buyers to submit bids for the country's only refinery.
Oil prices edge up on short covering; gasoline jumps
NEW YORK (Reuters) -- Oil prices gained slightly on Wednesday as investors covered short positions after a rise in US crude inventories was not as massive as many had feared, while gasoline futures jumped nearly 4% after a surprise decline in inventories of the fuel.
Crude cargo lawsuit drags BP's oil trading division into the red
LONDON (Reuters) -- BP's oil trading business, one of the biggest in the sector, reported a rare loss in the fourth quarter after it lost a $70 million lawsuit over an oil cargo delivered to a Moroccan refinery.
- Wood to design upgrades at Ecopetrol refinery for cleaner fuels production 6/24
- Saudi Arabia's CMDC (BCI group) awards thyssenkrupp nucera key contract for chlor-alkali plant expansion in Jubail 6/24
- 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
