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Crude oil

Maersk sells oil tankers to owner, opening door to Mitsui

COPENHAGEN (Reuters) — A.P. Moller-Maersk has agreed a $1.71 B deal to sell its oil tanker division to its controlling shareholder, who in turn will enter an ownership consortium with Japan's Mitsui & Co.

Oryx Midstream to build regional crude oil transport pipeline in Delaware Basin

MIDLAND, Texas — Oryx Midstream Services II, LLC announced that it will build a new regional crude oil transportation pipeline serving the Delaware Basin with initial capacity of up to 400,000 bpd.

Colombia's ELN rebels attack Cano Limon oil pipeline

BOGOTA (Reuters) — Rebels from the Marxist ELN, Colombia’s largest active guerrilla group, destroyed part of the Cano Limon-Covenas oil pipeline on Monday, just two weeks before the start of a bilateral ceasefire and an end to hostilities, military and Ecopetrol sources said.

India's Bharat Oman refineries buys first US crude for Nov arrival

SINGAPORE (Reuters) — India’s Bharat Oman Refineries Ltd (BORL) has bought, via tender, its first crude cargo from the United States, which will be delivered in November, two trade sources said on Tuesday.

Iran plans to trim condensate exports to Asia in October

SINGAPORE/BEIJING (Reuters) — The National Iranian Oil Co has informed buyers in Asia that it could reduce condensate exports in October because of maintenance at the South Pars gas field, six industry sources said on Tuesday.

MPLX completes binding open season on Wood River-to-Patoka pipeline expansion

FINDLAY, Ohio — MPLX LP announced that its subsidiary Marathon Pipe Line LLC (MPL) has completed a successful binding open season for the expansion of the Wood River-to-Patoka pipeline.

CB&I to supply storage tanks for Greenfield refinery project in Oman

THE WOODLANDS, Texas — CB&I announced a consortium between CB&I and Saipem S.p.A. has been awarded a contract by Duqm Refinery and Petrochemicals Industries Company L.L.C. (DRPIC) for EPC Package 3 for the Duqm Refinery Project.

Oil and chemical spills from Hurricane Harvey big, but dwarfed by Katrina

NEW YORK/BOSTON (Reuters) — More than 22,000 bbl of oil, refined fuels and chemicals spilled at sites across Texas in the wake of Hurricane Harvey, along with millions of cubic feet of natural gas and hundreds of tons of other toxic substances, a Reuters review of company reports to the US Coast Guard shows.

Six companies buy oil from US emergency crude reserve

WASHINGTON (Reuters) — Six companies bought 14 MMbbl of oil from the US Strategic Petroleum Reserve in a sale required by law to help fund medical research and the federal government, said the Department of Energy on Thursday.

S.Korea's Iranian crude oil imports rise around 40% on year in Aug

SEOUL (Reuters) — South Korea's imports of Iranian crude oil increased 40.2% in August from the same month a year earlier, with its refiners snapping up competitively priced cargoes from the Middle Eastern nation.