Crude oil
Iraqi PM's office says Turkey agrees to deal only with Baghdad on oil exports
BAGHDAD (Reuters) — Turkey told Iraq it would deal only with the Iraqi government on crude oil exports, the office of Iraqi Prime Minister Haider al-Abadi said on Thursday.
Matrix Global plan US sweet crude storage contract amid export growth
SINGAPORE (Reuters) — Matrix Global Holdings is planning to start up an oil storage futures contract for low-sulfur crude oil that will enable companies to build up supplies for export cargoes, as Asia looks for more crude imports from the United States.
Dongming steps up crude purchases in 2017 for Shandong oil refiners
SINGAPORE (Reuters) — Pacific Commerce, the trading arm of refiner Shandong Dongming Petrochemical, has purchased 66% more crude oil in 2017 than last year, both for its own system and for other independent Chinese refiners, a Dongming senior executive said on Wednesday.
Monroe Energy sees delays unloading supertanker of W.African crude
NEW YORK (Reuters) — Monroe Energy, a subsidiary of Delta Air Lines, ran out of crude oil at its 185,000-bpd Trainer, Pennsylvania, refinery after delays in unloading a supertanker called C. Innovator, according to a source familiar with the company's operations and Reuters shipping data.
China's CEFC wins preliminary govt approval for Rosneft deal
BEIJING/HONG KONG (Reuters) — Privately-run conglomerate CEFC China Energy has obtained preliminary state approval for its proposed $9.1 B investment in Russian oil major Rosneft, three sources with knowledge of the matter told Reuters.
American Midstream begins crude deliveries into Dakota Access pipeline
HOUSTON — American Midstream Partners, LP announced it has commenced deliveries from the Partnership’s 40,000 bpd Bakken crude oil gathering system near Watford City, ND into the Dakota Access Pipeline (DAPL).
Russia keeps spot as China's top oil supplier for sixth month
BEIJING (Reuters) — Russia beat Saudi Arabia to become China’s top crude oil supplier for a sixth month in August, as independent refiners ramped up purchases and as state-owned refiners bought seaborne shipments from the Russian Far East port of Kozmino.
Oil demand may exceed supply by up to 4 MMbpd by 2019
SINGAPORE (Reuters) — Global oil demand may be between 2 MMbpd to 4 MMbpd more than worldwide crude supply by the end of 2019 as exploration spending has declined as prices fell, an executive with commodities trading house Trafigura said on Tuesday.
Minnesota public hearings begin for Enbridge's $6.5 B oil pipe expansion
CALGARY, Alberta (Reuters) — Regulatory hearings for Enbridge Inc's $6.5 B Line 3 crude oil pipeline upgrade will begin on Tuesday in the US state of Minnesota, which presents the last hurdle for the biggest project by North America's top pipeline operator.
Strong growth in fuel demand accelerates oil market rebalancing
SINGAPORE (Reuters) — Strong oil demand growth in emerging economies led by China and India but also from Europe is drawing down oil stockpiles faster than expected, putting the global market firmly on track to rebalance, senior industry executives said on Tuesday.
- KBR to provide technology for mega-scale ammonia plant in Angola 11/25
- Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France 11/25
- Hexagon collaborates with Microsoft to enhance industrial operations 11/25
- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
- DNV certifies first CO2 storage site in Middle East for ADNOC CCS project 11/25
