Europe
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.
Oil up 2% despite US crude build; set for best Q3 since 2004
NEW YORK (Reuters) — Oil prices rose nearly 2% on Wednesday, despite a rise in US crude inventories, with the market heading for its largest third-quarter gain in 13 yr after the Iraqi oil minister said OPEC and its partners were considering extending or deepening output cuts.
Baker Hughes, KBC partner on integrated process, operational software solutions
PARIS — Baker Hughes, a GE company and KBC a wholly owned subsidiary of Yokogawa Electric Corporation, announced a preferred partnership that will provide a combination of process simulation, asset performance management and operational software solutions to the oil and gas industry.
EU confirms reduced import duties for Argentine biodiesel
BRUSSELS (Reuters) — The European Union will lower import duties on Argentine biodiesel following a World Trade Organization ruling against initial measures in place, it said on Tuesday.
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