OPEC's Oil-Glut Fight Could Last Years
August 15, 2017When OPEC and Russia first embarked on their strategy to clear a global oil glut, it was expected to succeed within six months. It now looks like the battle could last for years.
Read Article
+
Shell to reopen Pernis distillation unit
August 09, 2017Shell is attempting to revive one of the distillation units at its Rotterdam Pernis refinery after a fire shut it down last month.
Read Article
+
Shell restarting Europe’s biggest oil refinery
August 09, 2017Royal Dutch Shell Plc is attempting to restart one of two crude units at Europe’s biggest oil refinery that were halted by a fire late last month.
Read Article
+
State oil producers eye bigger slice of trading pie
August 09, 2017National oil companies have spent years watching independent traders make huge profits from shipping their crude around the world: now these state-backed producers want a larger slice of the action.
Read Article
+
Europe's Biggest Oil Refinery Plans to Restart Key Unit
August 08, 2017Royal Dutch Shell Plc will attempt on Friday to restart one of two crude units at Europe’s biggest oil refinery that were halted by a fire late last month, a person with knowledge of the matter said.
Read Article
+
Global refiners brace themselves as China cements its oil market dominance
August 04, 2017China is on pace to overtake the United States as the world's biggest oil importer this year, cementing its status as Asia's most pivotal oil market actor that will increasingly dominate the region's fuel trade.
Read Article
+
Oil prices volatile after stocks drop less than expected
August 02, 2017Oil prices were volatile on Wednesday after US government data showed a smaller than expected drop in crude stockpiles last week but that demand for gasoline rose to its highest on record.
Read Article
+
West African oil booms as refineries cash in on high margins
August 02, 2017Booming refinery profits are helping West African oil producers sell cargoes quickly, aided by a shortage in certain types of crude amid OPEC production cuts and Venezuelan troubles.
Read Article
+
How BC’s LNG Fiasco Went So Wrong
July 31, 2017If you want to understand how global economics killed British Columbia’s risky liquefied natural gas gamble and the government’s promised riches and jobs, then you might want to hear out Eoin Finn.
Read Article
+
China diesel demand expected to return to growth as economy improves
July 28, 2017Chinese demand for diesel will rise again this year after contracting for the first time in over a decade in 2016, buoyed as the world's No.2 economy shows signs of growth, traders and analysts said.
Read Article
+