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Refining

US oil ports, refiners and producers plan reopenings after Nate

HOUSTON/MOBILE, Ala. (Reuters) — Some oil ports, producers and refiners in Louisiana, Mississippi and Alabama that shut facilities ahead of Hurricane Nate were planning reopenings as the storm moved inland on Sunday, away from most energy infrastructure on the US Gulf Coast.

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.

Oil supplies to Lukoil's Norsi refinery resume after fire

MOSCOW (Reuters) — Crude oil deliveries to Lukoil’s Norsi refinery in the Nizhny Novgorod region have been resumed after a fire at the facility, Russian pipeline monopoly Transneft said on Thursday.

Oil shipments from Georgia's Batumi port down by 37% this year

TBILISI (Reuters) — Oil and related shipments from Georgia’s Black Sea port of Batumi are down by 36.6 percent in the first nine months of 2017, a senior official at the terminal, operated by Kazakh state firm KazMunaiGas, said on Friday.

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.

Shell, Varo end talks on Germany refinery stake sale

LONDON (Reuters) — Royal Dutch Shell and Varo Energy said they have ended talks on Varo’s potential purchase of Shell’s 37.5% stake in the 220,000 bpd PCK refinery in Schwedt, Germany.

PBF, Shell prep Louisiana refineries to keep running in storm

HOUSTON (Reuters) — PBF Energy and Royal Dutch Shell Plc were preparing their Louisiana refineries to keep running during Tropical Storm Nate, which is forecast to make landfall in the state on Sunday, sources familiar with plant operations said on Thursday.

Refinery blazes to dent Shell 3Q earnings

LONDON (Reuters) — A recent string of fires at Royal Dutch Shell’s refineries, including at Europe’s largest, is expected to hit the oil and gas company’s 3Q profit and deal a setback to its efforts to improve the segment’s performance.

NuStar reopening St. Eustatius terminal after 30-day closure

HOUSTON (Reuters) — US firm NuStar Energy this week began reopening its 13-MMbbl Statia oil terminal on the Caribbean island of St. Eustatius, a month after it was closed ahead of Hurricane Irma, a company official told Reuters.

TransCanada abandons $12-B pipeline project after green push

CALGARY, Alberta (Reuters) — TransCanada Corp abandoned construction of its Energy East pipeline on Thursday, taking a $798 MM non-cash charge and handing environmental groups a major victory in efforts to hamper Canadian oil development.