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Refining

Iran becomes No. 2 oil supplier to S. Korea in Q1 2017

SEOUL (Reuters) -- Iran ranked as South Korea's second-biggest oil exporter over the first three months of 2017 as it ramped up output to regain market share after sanctions were lifted last year, the first time ever it has claimed the No. 2 spot on a quarterly basis.

Chile oil refinery Aconcagua suspends operations after quake

Chile oil refinery Aconcagua suspends operations after quake

S.Korea's GS Caltex buys Russian Urals crude for first time

SEOUL (Reuters) -- GS Caltex, South Korea's second-largest refiner, has bought Russian Urals crude for the first time, a company spokesman said on Monday.

Canada's Morneau sees no surprise in Trump's trade rhetoric

WASHINGTON (Reuters) -- Canadian Finance Minister Bill Morneau said on Friday there was no surprise from his perspective in US President Donald Trump's statements lashing out against trade with Canada, but that officials behind the scenes were open to discussions.

China exports record diesel volumes in March

BEIJING (Reuters) -- China exported record volumes of diesel in March and boosted sales of gasoline and kerosene as refiners continued to turn to foreign markets to offload their excess product, while liquefied natural gas imports also jumped, customs data showed on Sunday.

Distribution of Neste diesel expands to Estonia

Neste will start distributing the Neste Pro Diesel in the company's Estonian station network. Distribution starts with four stations and will be expanded during May to cover 20 Neste stations in Estonia.

Nebraska farmers could derail Keystone XL pipeline

NELIGH, Nebraska (Reuters) -- When President Donald Trump handed TransCanada Pipeline Co. a permit for its Keystone XL pipeline last month, he said the company could now build the long-delayed and divisive project "with efficiency and with speed."

Neste Jacobs to perform energy study for Unipetrol's Czech Republic refinery

Technology, engineering and project management company Neste Jacobs and refinery and petrochemical group Unipetrol have signed an agreement for Neste Jacobs to perform a comprehensive energy efficiency study of Unipetrol's Litvinov oil refinery in Czech Republic.

Oman plans IPOs for downstream energy firms

ABU DHABI (Reuters) -- Oman plans to offer shares in some state-owned downstream energy companies to the public, partly to raise money as low oil prices pressure its finances, Omani Oil and Gas Minister Mohammad bin Hamad al-Rumhy said on Thursday.

China demand drives Singapore oil storage sales to nearly a year-high

SINGAPORE (Reuters) -- Crude oil sales from storage tanks around Singapore rose to an 11-month high in March, with nearly half of the volumes going to China and traders clearing inventories ahead of record shipments to Asia expected to arrive in April.