Europe
Statoil charters last of the world's largest oil tankers to hold crude for Asia buyers
SINGAPORE (Reuters) — Norway’s Statoil ASA has chartered the last remaining Ultra-Large Crude Carrier (ULCC), the world’s largest oil tankers, to store oil off of Malaysia for distribution in smaller parcels to its clients in Asia, company executives said.
Lukoil postpones maintenance of Volgograd refinery unit to 2018
MOSCOW (Reuters) — Russia’s Lukoil has postponed maintenance of hydro-cracking unit at its Volgograd refinery to March or April 2018, three trading industry sources told Reuters on Wednesday.
Russia keeps spot as China's top oil supplier for sixth month
BEIJING (Reuters) — Russia beat Saudi Arabia to become China’s top crude oil supplier for a sixth month in August, as independent refiners ramped up purchases and as state-owned refiners bought seaborne shipments from the Russian Far East port of Kozmino.
Enterprise: US oil exports to meet 5% of non-US global demand by 2022
SINGAPORE (Reuters) — Crude oil exports from the United States will increase to meet 5% of global demand by 2022, as refiners seek more low-sulfur crude to meet stricter rules for cleaner fuels, an executive from Enterprise Partners LP said on Monday.
French unions block fuel depots in protest against labor reforms
PARIS (Reuters) — French trade unionists blocked access on Monday to several fuel depots in protest against an overhaul of employment laws, seeking to test the government's will to reform the economy.
OPEC says winning battle to curb oil glut
VIENNA (Reuters) — OPEC and other oil producers are clearing a glut that has weighed on crude prices for three years and may wait until January before deciding whether to extend their output curbs beyond the first quarter of 2018, ministers said on Friday.
LyondellBasell begins production at new PP compounding plant in China
HOUSTON and ROTTERDAM, The Netherlands — LyondellBasell announced the successful startup of a new 20 ktpy polypropylene (PP) compounding plant in Dalian, China. This is the company's third facility in China, strategically located to serve the region's growing automotive market.
Stuttgart Airport ground fleet vehicles now fueled by Neste renewable diesel
Stuttgart Airport has started using Neste MY Renewable Diesel as a solution to reduce its CO2 emissions and as part of the climate program of Baden-Württemberg's state airport in Germany.
Russia set to pipe more oil to China, stepping up race with Saudis
BEIJING/MOSCOW (Reuters) — Chinese oil refineries are gearing up to receive more Russian oil transported through an expanded Siberian pipeline network from January, likely cementing Russia's position as China's largest oil supplier in a close race with Saudi Arabia.
Russia's Lukoil puts Italian refinery up for sale
LONDON (Reuters) — Lukoil is seeking to sell its ISAB oil refinery complex in Italy as part of the Russian firm's review of its overseas operations, two industry sources said on Wednesday.
- Azerbaijan's State Oil Company redirects supplies of jet fuel from STAR refinery to Turkish domestic market 5/8
- Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz 5/8
- Seven markets to track if peace breaks out in the Middle East 5/8
- Asia exports of refined fuels plunge amid Hormuz closure 5/8
- Libya's Zawiya oil refinery shut due to nearby clashes 5/8
- Meghna PVC partners with Jotun to manage corrosion maintenance 5/7
