Crude oil
India's Reliance wins U.S. license for Venezuelan oil
A general license authorizes the purchase, exportation, and sale of Venezuelan-origin oil that has already been extracted, including the refining of such oil.
Slovakia says Druzhba oil supplies interrupted, expected to resume in coming days
The economy ministry said the interruption did not affect Slovakia's energy security and gave no further details on the length of the expected suspension of flows.
Nigeria's Dangote refinery says crude unit and petrol block running at capacity in tests
The tests are intended to confirm operational efficiency and verify that key parameters meet global standards.
Russia to send crude oil and fuel to Cuba soon, Izvestia reports
Cuba is grappling with fuel shortages after the U.S. moved to choke off its oil supplies. The communist-run island has warned international airlines that jet fuel will no longer be available, the latest sign of fast-worsening conditions.
Vietnam's largest refinery to operate at 120%–125% of designed capacity in Q1
The 200,000-bpd refinery plans to produce 2 MMt of refined petroleum products in the January–March period.
EIA: U.S. crude stocks increase by most in a year after storm hit refining, exports
U.S. crude stocks rose last week as refining and export activity slowed during a winter storm last month, while domestic output started to recover from the freeze.
Global shipping industry sticks with green investments, despite carbon price delay
Europe, Brazil and a host of other nations are pushing the sector, which is responsible for nearly 3% of the world's greenhouse gas (GHG) emissions, to go green.
Rosneft oil refinery in Germany warns of risks from U.S. sanctions
In a January letter, management of the PCK Schwedt refinery, controlled by Rosneft, made an "urgent appeal" to economy and energy minister Katherina Reiche to resolve a standoff with the United States over the refinery's future.
- Slovakia considers higher diesel price for foreigners to battle fuel tourism 3/17
- China's fuel export ban to further tighten Asia supply 3/17
- Japanese refiner Idemitsu to invest $500 MM in Australian Midocean to enter LNG business 3/17
- European airlines plan challenge to EU synthetic jet fuel rules 3/17
- CITGO launches advanced grease technology for severe-duty applications 3/17
- Macquarie walks away from Kuwait oil pipelines deal amid Iran war 3/17
