Crude oil
Viewpoint: New challenges demand innovative solutions
As the industry works through the most volatile conditions in more than a generation, refiners are facing several challenges that will define the industry in the next decade.
Emerson to acquire UK-based Permasense Ltd.
Emerson has agreed to acquire UK-based Permasense Ltd., a provider of non-intrusive corrosion monitoring technologies for heavy industries, including refining, chemical, and pipelines.
Production at Nigeria's Warri refinery unaffected by nearby explosion
Crude oil production at Nigeria's Warri refinery in the country's restive Niger Delta region has not been affected by an explosion heard near the site.
Dakota Access pipeline hangs over White House tribal summit
President Barack Obama will convene his final Tribal Nations Conference, even as one of the largest Native American protests in decades continues in North Dakota.
Federal Reserve proposes new limits on Wall Street energy bets
The Federal Reserve outlined a plan to limit Wall Street bets on the energy sector by forcing companies like Goldman Sachs and Morgan Stanley to hold more capital against such investments.
Russia's Rosneft to sell 96 MMt crude oil to Petrovietnam
Russia's Rosneft has signed a contract to supply 96 MMt of crude oil to PV Oil, an affiliate of state oil and gas PetroVietnam.
Asia fuel oil discount to Dubai crude at narrowest in eight months
Boosted by supply constraints and lower global inventories, the discount of 180-centistoke fuel oil in Asia to Dubai crude oil is at its narrowest in almost 8 months.
Asia oil refiners choose from 300 types of crude
Asia's oil refiners can choose from over 300 crudes from every continent, because of cheap freight and rising supplies.
US crude inventories fall unexpectedly for third week
US crude oil inventories fell sharply, the third consecutive week of unexpected declines, while gasoline stocks decreased nationwide.
Bharat Petroleum seeks upstream assets to feed refineries
Bharat Petroleum wants to buy more stakes in assets that are already producing to feed its refineries and become more self-sufficient.
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