Economics
Russia reaches outline debt restructuring agreement with Venezuela
MOSCOW (Reuters) — Russia has reached a general agreement with Venezuela on restructuring its debt to Moscow, RIA news agency cited Russian Finance Minister Anton Siluanov as saying on Saturday.
Indian PM Modi targets more energy reforms after meeting oil chiefs
NEW DELHI (Reuters) — India's prime minister sees scope for further reform of the country's energy sector and has received "focused suggestions" from some of the world's leading energy companies, the office of the premier said on Monday.
EIA: US household gasoline spending expected to remain below $2,000 in 2017
The average US household expenditure on gasoline in 2017 is expected to total $1,977, or approximately 2.4% of mean incomes of households, according to projections in EIA’s most recent Short-Term Energy Outlook (STEO).
Vitol CEO sees oil industry shrinking
LONDON (Reuters) — The world’s largest oil trader Vitol expects the oil industry to shrink given the quickening pace of the global shift to electric cars and away from fossil fuels, its chief executive said on Thursday.
Parkland completes acquisition of Chevron Canada’s downstream fuel business
CALGARY, Alberta — Parkland Fuel Corporation, Canada’s largest and one of North America’s fastest growing independent marketers of fuel and petroleum products, announced the closing of its acquisition of Chevron Canada R & M ULC which operates a downstream fuel business in British Columbia and Alberta.
Noble Group expects to sell oil liquids business by end-December
SINGAPORE (Reuters) — Noble Group Ltd (NGL) expects to sell its oil liquids business by the end of December as part of a plan to slim down drastically and focus on its core Asian coal trading business after a crisis-wracked 2 yr.
Show Preview: ADIPEC
The 20th edition of Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) will take place 13–16 November at the Abu Dhabi National Exhibition Centre.
Business Trends: Smart refineries—Leveraging data for operational intelligence
In the highly competitive, capital- and asset-intensive oil and gas industry, demand is growing for the implementation of information technology (IT) practices covering the following functional requirements.
Industry Perspectives: What is the future of the global HPI?
Over the past year, the world has witnessed significant downstream capacity growth in all sectors of the hydrocarbon processing industry (HPI).
Engineering Case Histories: Case 98—Why performing calculations is important to an engineer’s career
Engineering calculations can help an engineer’s career by controlling the risks taken. The author has followed this path.
- Borouge reaffirms commitment to local manufacturing with new industry supply agreements 1/10
- Update: Turkey's Izmir refinery now expects to restart crude unit in Feb, IIR says 1/10
- Pertamina unit to produce ISCC-certified SAF in 1Q 1/10
- WTO panel largely backs EU in palm oil case against Indonesia 1/10
- Howard Energy Partners acquires ethylene pipeline from EPIC Midstream Holdings 1/10
- U.S. to impose further sanctions on Russian oil fleet and traders 1/10
