Europe
Russia to boost Urals exports in first half despite cutting oil output with OPEC
MOSCOW (Reuters) -- Russia is set to post higher exports of Urals crude for the first half of this year despite cutting oil production ahead of schedule under a deal with OPEC aimed at boosting prices.
Venezuela falls behind on oil-for-loan deals with China, Russia
HOUSTON/CARACAS (Reuters) -- Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters.
EU plans more legal action against governments soft on car emissions cheating
BRUSSELS (Reuters) -- The European Union plans more legal action soon against governments that have failed to police emissions test cheating by carmakers in the wake of the Volkswagen diesel scandal, a top official said on Thursday.
Deadline set for bids on Moroccan oil refiner Samir
RABAT (Reuters) -- The Moroccan court-appointed administrator for oil refiner Samir has set a deadline for prospective buyers to submit bids for the country's only refinery.
Oil prices edge up on short covering; gasoline jumps
NEW YORK (Reuters) -- Oil prices gained slightly on Wednesday as investors covered short positions after a rise in US crude inventories was not as massive as many had feared, while gasoline futures jumped nearly 4% after a surprise decline in inventories of the fuel.
Crude cargo lawsuit drags BP's oil trading division into the red
LONDON (Reuters) -- BP's oil trading business, one of the biggest in the sector, reported a rare loss in the fourth quarter after it lost a $70 million lawsuit over an oil cargo delivered to a Moroccan refinery.
Siemens, Voest and Verbund to build largest green hydrogen site
VIENNA (Reuters) -- Siemens, steel maker Voestalpine and hydropower firm Verbund are planning to build a cutting-edge plant to make green hydrogen more suitable for industrial use, the companies said on Tuesday.
Oil prices steady as reviving shale balances OPEC cuts
LONDON (Reuters) -- Oil prices steadied on Tuesday as lower production by OPEC and other exporters balanced growing evidence of a revival in US shale production and sluggish demand.
Refiner Neste posts strong renewable profits, mulls investment
HELSINKI (Reuters) -- Finnish refiner Neste reported a rise in annual operating profit on Tuesday led by renewables and said it would look to expand in biofuels, possibly through investment in the United States or Singapore.
DCC to buy ExxonMobil's Norwegian retail petrol station network
(Reuters) -- London-listed DCC Plc said it would buy the retail petrol station network of ExxonMobil's Norwegian unit, Esso Norge AS, for $293.38 million.
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- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
