Europe
Shell proposes adding Russian oil to Brent benchmark
LONDON (Reuters) -- Royal Dutch Shell on Wednesday urged oil pricing agency S&P Global Platts to protect the dated Brent crude benchmark from declining North Sea supply by including other grades, such as Russian Urals, in its price-setting process.
Norwegian firms Yara, Kongsberg to build self-steering container ship
OSLO (Reuters) -- Norwegian fertilizer producer Yara and maritime technology firm Kongsberg Gruppe are teaming up to build what they said would be the world's first fully electric and self-steering container ship.
Russia boosts Urals oil flow to India as OPEC cuts output
MOSCOW (Reuters) -- Russia has steeply raised Urals oil supplies to India, taking market share from OPEC countries that are cutting production as part of a global pact to prop up prices, traders said and shipping reports showed on Wednesday.
Oil prices slip as rising US drilling offsets OPEC-led cuts
LONDON (Reuters) -- Oil prices slipped on Monday, reversing gains made earlier in the session as evidence of rising US drilling offset news that OPEC and other producers may extend their production cuts.
Oil tanker firm DHT Holdings rejects another bid by rival Frontline
OSLO (Reuters) -- Tanker firm DHT Holdings rejected on Sunday a fifth takeover proposal from shipping tycoon John Fredriksen's Frontline, calling the $500 MM all-share bid "woefully inadequate."
Total halts production at Feyzin refinery in France due to strike
PARIS (Reuters) -- French oil and gas company Total said on Friday it was gradually shutting down production at its 117,000-bpd Feyzin refinery and petrochemical platform near Lyon in the east of France due to a strike.
PKN ORLEN, Siemens to take part in an EU energy research project
PKN ORLEN is going to implement a project funded under the Horizon 2020 EU framework program. The funding will enable the Company to take part in a project aimed at field testing solutions within existing high-efficiency cogeneration infrastructure.
Total and Erg get four bids for Italy petrol stations
MILAN (Reuters) -- Total and energy group Erg have received four bids for the Italian petrol station network they jointly own, three sources close to the matter said.
Mediterranean diesel diffs at 21-month high on tight supplies
LONDON (Reuters) -- A closed arbitrage from other regions and refinery shutdowns have tightened the Mediterranean diesel market driving cargo premiums to ICE gasoil futures to their highest since August 2015.
Fire hits Lukoil refinery in Russia's Urals
MOSCOW (Reuters) -- A fire erupted at a refinery of Russia's No. 2 oil producer Lukoil in the city of Perm in the Urals region, a local branch of the company, Lukoil Permnefteorgsintez, said on Friday.
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