Asia/Pacific
China independent refiners group applied for 2018 fuel export quotas
SHANGHAI (Reuters) — A newly formed group of China's independent oil refiners filed an application with the country's Ministry of Commerce on Wednesday for fuel export quotas next year, a source with one of the group's member companies said on Thursday.
China diesel in rare rally as smog war, tax fears stir supply worries
BEIJING (Reuters) — A rally in China's diesel prices has pushed the fuel to a rare premium over gasoline as dealers scramble to scoop up supplies amid fears of shortages due to Beijing's war on smog and possible tax changes.
Iran pushes to retain Asia oil buyers as possible US sanctions loom
SINGAPORE (Reuters) — Iran is pushing to retain customers for its oil in Asia, hoping that price reductions will boost the appeal of its crude compared with other Middle Eastern supply even as the potential threat of further US sanctions on the country looms.
Indian Oil Corp studies renewed Venezuelan crude purchases
NEW DELHI (Reuters) — Indian Oil Corp is considering buying Venezuelan crude for the first time in at least 6 yr, in a move that could help the crisis-struck South American nation settle unpaid bills with another state-owned Indian energy firm.
Mobil to restore Lyttelton terminal fuel storage capacity
Mobil Oil New Zealand Limited (Mobil) announced plans to improve fuel supply capacity for the South Island with the construction of two tanks at its fuel terminal in Lyttelton.
Oil eases as traders and investors grow edgy ahead of OPEC
LONDON (Reuters) — Oil eased on Monday, as traders were wary of betting too heavily on which way prices might move ahead of an OPEC meeting next week, when the exporter group is expected to decide whether to continue output cuts aimed at propping up prices.
Rosneft says clinches oil supply deal with China's CEFC
MOSCOW (Reuters) — Russia’s largest oil producer Rosneft said on Monday it had signed a deal with CEFC China Energy Company Ltd on oil supplies, further strengthening its foothold in the world’s largest energy consumer.
Three dead after suspected gas leak at PetroChina refinery
BEIJING (Reuters) — Three workers were killed and six others injured during a suspected gas leak at a PetroChina-operated refinery in Dalian on Saturday evening, state media said on Monday.
Singapore charges defunct marine fuel supplier, staff for cheating
SINGAPORE (Reuters) — A Singapore marine fuel supplier and three executives have been charged with cheating as part of a government crackdown on short deliveries of fuel to vessels in the world’s largest bunkering hub.
Middle East, US crude oil curbs Indian appetite for African supplies
NEW DELHI (Reuters) — India's imports of African crude oil in October plunged to their lowest in over four years, with the world's No.3 oil consumer increasingly turning to cheaper supplies from the United States and heavier Middle Eastern grades, ship tracking data showed.
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- ADNOC launches $80-B low-carbon energy and chemicals investment company 11/27
- Chevron sees California's fuel inventory law raising prices for customers 11/27
- Clariant’s MegaMax™ catalysts to power China’s first biomass-to-green methanol project 11/27
- easyJet, Renavia and WFS sign MoU for long-term supply of SAF 11/27
- Dow, Ambipar partner to promote plastics recycling in South America 11/26
