Europe
Shell suspends Pernis refinery loadings after fire
LONDON (Reuters) — Royal Dutch Shell suspended loadings of oil products from its Pernis refinery in the Netherlands following a fire at the plant, the company said in a statement to traders on Sunday.
North Sea Ekofisk crude exports to be 240,000 bpd in Sept
LONDON (Reuters) — Exports of North Sea crude stream Ekofisk will be 240,000 bpd in September, down slightly from 252,000 bpd in August, an industry source with direct knowledge said.
German business group: EU must retaliate if hurt by US sanctions on Russia
BERLIN (Reuters) — Europe must be prepared to respond in kind if the United States' proposed new sanctions against Russia end up hurting its companies, an influential German industry association said on Thursday.
KBR wins LBED contract for ammonia plant revamp in Russia
HOUSTON — KBR, Inc. announced that it has been awarded a contract by Dorogobuzh JSC (owned by JSC ACRON) to provide licensing and basic engineering design (LBED) to revamp an ammonia plant—originally built by KBR—located in the Dorogobuzh, Smolensk region of Russia.
Shell sees oil demand peaking by late 2020s as electric car sales grow
LONDON (Reuters) — The world's oil consumption could peak as early as the end of the next decade as electric vehicles become more popular, Royal Dutch Shell Chief Executive Ben van Beurden said on Thursday.
Oil prices rise as falling US inventories stoke rebalancing hopes
LONDON (Reuters) — Oil prices rose to near eight-week highs on Wednesday, as a fall in US inventories bolstered expectations that the long-oversupplied market was moving toward balance.
Electric cars win? Britain to ban new petrol and diesel cars from 2040
LONDON (Reuters) — Britain will ban the sale of new petrol and diesel cars from 2040 in an attempt to reduce air pollution that could herald the end of over a century of popular use of the fossil fuel-guzzling internal combustion engine.
Oil rallies 2% as Saudi promises to cut exports
LONDON (Reuters) — Oil rose by more than 2% on Tuesday after Saudi Arabia vowed to reduce exports from next month and OPEC called on members to boost compliance with agreed output cuts to help curb oversupply and support flagging crude prices.
Russia is top China oil supplier 4th straight month in June, longest streak ever
BEIJING (Reuters) — Russia was China's biggest crude oil supplier for a fourth straight month in June, its longest streak ever in the top spot, data from the General Administration of Customs showed on Monday.
Saudi calls OPEC members to stick to limits, sees oil demand up
ST PETERSBURG, Russia (Reuters) — OPEC leader Saudi Arabia said on Monday the group would quickly address weak compliance with output cuts by some OPEC states and would monitor rising production from Nigeria and Libya, which have been exempted from the curbs.
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