Refining
Oil dips on doubts over OPEC's ability to reduce inventories
LONDON (Reuters) -- Oil eased on Tuesday, paring earlier gains, as doubts about OPEC's ability to reduce global crude inventories put the price on track for its six fall in seven days.
Russia elbows Saudi Arabia aside as China's top crude oil supplier in March
BEIJING (Reuters) -- Russia reclaimed its position as China's biggest crude oil supplier in March, customs data showed on Tuesday, displacing Saudi Arabia after two months in second place as Moscow fights to hang on to its slice of the Chinese market.
Valero's results beat on strong demand for refined products
(Reuters) -- Valero Energy Corp reported better-than-expected results as sales in its refining business shot up 40%, helped by robust gasoline demand and declining refined product inventories in the United States.
US East Coast refiners eye Texas oil as North Dakota alternative
NEW YORK (Reuters) -- US East Coast refiners are looking to buy increasing volumes of domestic crude oil from the Gulf Coast, two sources said, the latest twist in a trade flow upheaval in the wake of the opening of the Dakota Access pipeline.
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.
- INEOS receives €300-million grant to rejuvenate and decarbonize its Lavera plant 2/19
- AGC Vinythai commissions expanded chlor-alkali plant and e-BiTAC electrolyzers from thyssenkrupp nucera 2/19
- BASF launches AdBlue GE (green electricity) to decarbonize mobility value chain 2/19
- Carbon Neutral Fuels select Johnson Matthey, bp and Honeywell UOP technologies for UK SAF plant 2/19
- Orlen plans maintenance at Polish, Czech refineries in 2026 2/19
- India's Bharat Petroleum, HPCL Mittal buy Venezuelan oil 2/19
