Crude oil
Singapore revokes Transocean Oil's bunker fuel supply license
LONDON (Reuters) — Singapore's Maritime and Port Authority (MPA) said on Monday it had revoked Transocean Oil's bunker fuel supply license in the Port of Singapore, effective immediately.
Oil near 2-yr high as tightening market attracts buyers
AMSTERDAM (Reuters) — Oil prices rose on Friday, nearing their highest levels in more than 2 yr, with buyers attracted by expectations of an extension to a global pact to cut output that has reduced oversupply.
Canadian Natural commits to shipping more crude on Keystone XL pipeline
CALGARY, Alberta (Reuters) — Canadian Natural Resources Ltd has increased its volume commitment on TransCanada Corp’s Keystone XL pipeline by about 46% to 175,000 bpd, Canadian Natural President Steve Laut told Reuters on Thursday.
Oil flat, erases gains as US crude draw shy of API report
NEW YORK (Reuters) — Oil prices were steady in see-saw trade on Wednesday, hitting their highest since mid-2015 and then retreating after US government data showed that the latest weekly draw in domestic crude stocks was not as big as an industry trade group had reported.
Oil prices near 2-yr highs as supply cuts bite
LONDON (Reuters) — Oil prices steadied on Tuesday after a week of gains as the prospect of increasing US exports dampened bullish sentiment that has driven Brent to more than 2-yr highs above $60/bbl.
Asian imports of Iranian oil hit highest in 6 mos
TOKYO (Reuters) — Imports of Iranian crude by major buyers in Asia rose in September for a third straight month to their highest since March, boosted by a surge in purchases in China and South Korea.
China's Sinopec mulls US oil projects ahead of Trump's visit
SINGAPORE (Reuters) — China's state oil major Sinopec is evaluating two projects in the United States that could boost Gulf Coast crude oil exports and also expand storage facilities in the Caribbean, two people familiar with the matter said on Tuesday, with US President Donald Trump set to visit Beijing next week.
Crown Prince: Saudi Arabia ready to extend oil output cut deal
KHOBAR, Saudi Arabia (Reuters) — Crown Prince Mohammed bin Salman on Saturday reiterated Saudi Arabia's readiness to support the extension of a global oil production cut agreement.
Iraq boosts southern ports oil export capacity to 4.6 MMbpd
BAGHDAD (Reuters) — Iraq has increased oil export capacity from its southern ports by 900,000 bpd to 4.6 MMbpd after adding a new floating terminal in the Gulf, Oil Minister Jabar al-Luaibi said in a ministry statement.
US oil exports boom, putting infrastructure to the test
NEW YORK/HOUSTON (Reuters) — Tankers carrying record levels of crude are leaving in droves from Texas and Louisiana ports, and more growth in the fledgling US oil export market may before long test the limits of infrastructure like pipelines, dock space and ship traffic.
- The Shipping Corporation of India and Mazagon Dock Shipbuilders sign contract for methanol dual fuel platform supply vessel 3/20
- Technip Energies invests in Verso Energy’s DEZiR eSAF project in Rouen 3/20
- Honeywell’s commercial launch of AI-powered control room assistant follows successful pilot 3/20
- Serbia secures U.S. sanctions waiver for its NIS oil firm 3/20
- Tanker carrying fuel originally bound for Cuba diverts to Trinidad 3/20
- Vietnam accelerates shift to ethanol fuel as Iran war drives up energy prices 3/20
