Oil shipments from Georgia's Batumi port fall by more than a third in 2017

TBILISI (Reuters) — Oil and related shipments from Georgia's Black Sea port of Batumi fell 37.6% in 2017, a senior official at the terminal, operated by Kazakh KazMunaiGas , said on Friday.

Morgan Stanley: European refining margins set for rebound

LONDON (Reuters) — The bank’s spot European margin indicator fell to $6.50 a barrel from around $8 a barrel in mid-October, largely on the back of a rally in Brent futures, but forward margins held up.

China says will limit oil, refined product exports to N.Korea

BEIJING (Reuters) — China's Commerce Ministry said on Friday it will limit exports of crude oil, refined oil products, steel and other metals to North Korea, in line with tough new sanctions imposed by the United Nations for Pyongyang's missile tests.

Koch-Glitsch forms partnership for data analytics solutions

WICHITA, Kan. — Koch-Glitsch and EFT Analytics announced a partnership to provide full service process engineering and advanced data analytics solutions to enhance operations for refineries and petrochemical plants.

Winter storm challenges US East Coast energy complex

NEW YORK (Reuters) — The US energy industry is facing a massive test of its infrastructure as an intense winter storm roars up the Atlantic Coast, threatening power outages, refinery shutdowns and spikes in heating prices.

Curacao nixes refinery operation deal with China firm

(Reuters) — The government of Curacao has scrapped a preliminary agreement with China’s Guangdong Zhenrong Energy (GZE) to operate the island's aging Isla refinery, saying the company misrepresented itself and was unable to take on such a large endeavor.

Shell to retain ownership of A/S Dansk Shell

Shell announces today that the agreement it signed with Dansk Olieselskab AS (DO) in September 2016 regarding the sale of A/S Dansk Shell, which consists of the Fredericia refinery and local trading and supply activities, has terminated and the sale will not complete.

Chevron Phillips ethane cracker at Cedar Bayou hits milestone

​Chevron Phillips Chemical Company LP announced that its world-scale ethane cracker at Cedar Bayou in Baytown, Texas successfully achieved the major milestone of mechanical completion.

After Trump criticism, China denies selling oil illicitly to N.Korea

BEIJING/WASHINGTON (Reuters) — China on Friday denied reports it has been illicitly selling oil products to North Korea after US President Donald Trump said he was not happy that China had allowed oil to reach the isolated nation.

China raises 1st batch of 2018 oil product export quotas by 30%

SINGAPORE (Reuters) — China raised refined products export quotas to its four state oil majors by 30 percent in the first batch of allowances for 2018, a document reviewed by Reuters showed on Thursday.