Results 50 articles shown
UK Forties Oil Cargoes Delayed For Weeks By Pipeline Shutdown
Friday, December 15, 2017 The loading dates of Forties crude cargoes, which help set the global Brent benchmark, have been delayed by at least two weeks
BP Returns To Solar With Investment In Lightsource
Friday, December 15, 2017 BP is getting back into solar power six years after its first foray with a $200 million investment in solar generator Lightsource
Paralysis At PDVSA: Venezuela's Oil Purge Cripples Company
Friday, December 15, 2017 An alleged crackdown on graft in Venezuela has sown panic across the country's energy industry and all but paralyzed PDVSA.
Gas Bulls Can't Bank on Electric Cars for Big US Demand Boost
Friday, December 15, 2017 The era of electric vehicles could be a boon for US natural gas bulls - but not a windfall.
Asian LNG Spot Prices Jump After European Gas Outages
Friday, December 15, 2017 Asian liquefied natural gas spot prices jumped this week.
New Africa Gas Comes at Right Time for Europe in Supply Woes
Friday, December 15, 2017 The extra output couldn't come at a better time for Cameroon.
Forties Pipeline System Crack 'Stabilized'
Thursday, December 14, 2017 The small hairline crack in the Forties Pipeline System (FPS) at Red Moss, south of Aberdeen, has stabilized, Ineos confirmed in a company statement Thursday.
BP Opens 100th Retail Station in Mexico
Thursday, December 14, 2017 BP plc remains on track to reach its target of opening 500 sites by the end of 2018.
Operator: Deadly Austria Gas Blast Likely Caused By Loose Filter Cap
Thursday, December 14, 2017 Tuesday's blast at Austria's Baumgarten gas hub, which killed one person and disrupted European gas flows, was most likely caused by a loose seal on a filter cap.
Gas Demand to Get Boost as Supply Surge Sends Prices Lower
Thursday, December 14, 2017 Demand for natural gas will continue to rise over the next two decades, according to the Gas Exporting Countries Forum.
ETP Seeks US OK To Drill More On Rover Natgas Pipe, Ohio Wants Pause
Thursday, December 14, 2017 Energy Transfer Partners LP urges US regulators to allow the company to start more horizontal drilling as it works to complete part of the Rover natural gas pipeline.
Kemp: Brent Eases As Traders Become Sanguine About Pipeline Outage
Thursday, December 14, 2017 Traders have become much more sanguine about the impact on benchmark North Sea oil prices as well as the wider oil market.
Trade Data: India's Nov Iran Oil Imports Skid To Lowest Since Feb 2016
Thursday, December 14, 2017 India's refiners imported nearly half as much crude oil from Iran in November as the month before, ship tracking data shows.
Cuba Takes Over Venezuela Stake In Refinery Joint Venture
Thursday, December 14, 2017 Venezuela has pulled out of a partnership with Cuba in its Cienfuegos oil refinery and the Caribbean island has taken full ownership of the plant, Cuban state media says.
Refining Capacity Growth In Nigeria Will 'Substantially' Erode Exports
Wednesday, December 13, 2017 Nigeria's projected growth in refining capacity over the early 2020s will 'substantially' erode the country's crude oil exports due to a 'weak' new project pipeline.
Ineos Considers Shifting Grangemouth Work Due To Forties Outage -Sources
Wednesday, December 13, 2017 Ineos may bring forward maintenance work at its Grangemouth refinery in Scotland due to the unplanned outage at its Forties North Sea crude pipeline.
EIA: US Crude Stockpiles Fall For Fourth Week On Huge Cushing Draw
Wednesday, December 13, 2017 USr crude oil stockpiles fell for a fourth straight week with the biggest slump in supplies at the Cushing, Oklahoma, hub in 8 years.
Russian Gas Transit Va Ukraine Falls 23% After Austria Hub Blast
Wednesday, December 13, 2017 Russian gas transit through Ukraine dropped 23% in the wake of an explosion at Austria's Baumgarten gas hub.
Anti-Pipeline Group Goes Back To Work Against Keystone XL
Wednesday, December 13, 2017 Nebraska's main anti-pipeline group is trying to rally opposition to the TransCanada Keystone XL project's recently approved route through the state.
CML to Acquire 65% Interest in Esmond Transportation System
Tuesday, December 12, 2017 CATS Management Limited (CML) agrees to acquire a 65% interest in the Esmond Transportation System (ETS).
Deadly Blast At Austrian Pipeline Hub Slashes Gas Flow To Italy
Tuesday, December 12, 2017 An explosion and fire that ripped through Austria's main gas pipeline hub kills one and injures 21.
Russia Aims To Win 15-20% Of Global LNG Market - Novatek CEO
Tuesday, December 12, 2017 Russia's government has set a target of winning between 15 and 20 percent of the global market for liquefied natural gas.
US Fuels the World as Shale Boom Powers Record Oil Exports
Tuesday, December 12, 2017 The world's largest oil consumer exported more hydrocarbons than ever before in 2017 and shows no signs of slowing down.
Permian Basin Refinery Project Doubles in Capacity
Tuesday, December 12, 2017 With project expansion, region's refining capacity to grow from 300,000 to 400,000 bpd. SOURCE: MMEX Resources Corp.
Canadian Oil Collapses Amid Pipeline and Rail Bottleneck
Tuesday, December 12, 2017 Heavy Canadian crude fell to a three-year low against benchmark prices as bottlenecks on pipelines and rail networks crimped exports.
After Europe's Gas Market Disasters, LNG May Come to the Rescue
Tuesday, December 12, 2017 After all the craziness in Europe's gas markets this week, some relief supplies may already be on their way from deep in the Russian Arctic.
Ineos Says Grangemouth Oil Refinery Running Amid Forties Pipeline Closure
Tuesday, December 12, 2017 Scotland's 200,000 bpd Grangemouth oil refinery has enough crude to keep running.
Iraq Boosts Output Capacity At Kirkuk Oil Refinery-Oil Ministry
Monday, December 11, 2017 Iraq's Oil Ministry has added a new processing unit to the Kirkuk oil refinery, increasing the plant's capacity to 56,000 barrels per day.
Phillips 66, Enbridge Launch Open Season for Texas Pipeline System
Monday, December 11, 2017 Crude oil pipeline system to link West Texas to Gulf Coast refineries, export facilities.
Britain's Biggest Oil Pipeline Shut 'For Weeks' For Repairs
Monday, December 11, 2017 Britain's largest oil pipeline could shut down for weeks for unscheduled repair work.
CB&I Gets Go-ahead for Kazakhstan Petchem Project
Monday, December 11, 2017 KPI gives CB&I full notice to proceed for project management services.
Shell Says Fire Extinguished At Singapore Refinery-Petchem Plant
Monday, December 11, 2017 Shell says a fire at its Singapore refinery-petrochemical site was extinguished on Sunday.
UAE's ADNOC Proposes Change To Oil Price Mechanism
Monday, December 11, 2017 ADNOC seeks feedback from Asian buyers on whether it should change its monthly pricing mechanism.
Vietnam Signs Crude Oil Supply Deals With SOCAR, Glencore
Friday, December 08, 2017 Vietnam's state-run Binh Son Refining and Petrochemical Co (BSR) and state oil marketer PV Oil sign non-binding term agreements with 2 western trading companies to buy crude.
GE's 12,000 Job Cuts Highlight Uneasy Shift to Renewable Energy
Friday, December 08, 2017 GE points to the growth of renewables as a factor in its decision to cut jobs.
Kinder Morgan Canada Rises Most Since IPO on Pipeline Decision
Friday, December 08, 2017 Shares in Kinder Morgan Canada Ltd rose as much as 9.5% to a 4-month high early Friday.
Petrobras Eyes Adjustments In Fuel Pricing To Fight Importers
Friday, December 08, 2017 Petrobras could make more adjustments to its fuel pricing policy, its executive manager for fuel sales says.
White House Pressures Big Corn To Meet On US Biofuels Policy
Friday, December 08, 2017 President Trump's administration called lawmakers from the US corn belt to convince them to join talks about potential changes to biofuels policy.
CB&I Wins Contract for Saudi Aramco-Shell Project
Thursday, December 07, 2017 Contract valued at more than $95 million, CB&I reports.
China's Hengyi To Increase Singapore Staff To Push Oil, Coal Trade
Thursday, December 07, 2017 Hengyi Industries International Pte plans to expand its team in Singapore to buy crude and coal as well.
Trump Open Biofuel Policy Reform, Senators Say After Meeting
Thursday, December 07, 2017 Trump is open to reforming the country's biofuels policy if it can be done in a way that protects jobs in both the refining and agriculture industries, senators say.
Kinder Morgan Canada Wins Appeal On Trans Mountain Expansion
Thursday, December 07, 2017 Canada's energy regulator ruled in favor of Kinder Morgan Canada Ltd.
UK Forties Oil Pipeline Cuts Flow After Leak, Kinneil Issue
Thursday, December 07, 2017 Oil flow along the UK's Forties oil pipeline which carries the crude that usually sets the global Brent benchmark has been reduced.
Enterprise to Ship More Permian Crude to Texas Gulf Coast
Wednesday, December 06, 2017 Enterprise says it will have more than 650,000 bpd of total crude pipeline capacity from Permian to Houston-area hub.
Nigeria Refining Push Prompts $3.6 Billion Petrolex Plan
Wednesday, December 06, 2017 Nigeria is set to get another new oil refinery as a government push to end fuel imports attracts investors to the industry.
Adnoc Unit IPO to Raise $902 Million After Narrowing Range
Wednesday, December 06, 2017 Abu Dhabi National Oil Co. plans to raise as much as $902 million from the IPO of its fuel-retailing unit.
ExxonMobil Jumping in to Mexico Fuel Market With First US Cargo
Wednesday, December 06, 2017 ExxonMobil is joining Chevron and other US refiners to supply the newly free Mexico fuel market.
European Oil Margins Sink, But Traders Expect Recovery In 1Q 2018
Wednesday, December 06, 2017 Benchmark European oil refining margins sink to a 15-month low.
Saudi Arabia's SABIC Looking At Investing In US
Wednesday, December 06, 2017 SABIC is considering several possible investments in the United States.
Company: Explosion At Petroperu Crude Oil Tank Kills Two Workers
Wednesday, December 06, 2017 An explosion at a Petroperu crude oil tank killed two men who had been performing maintenance work on Wednesday.