Fuels & Lubes

Ill-Considered Energy Policies Threaten US Navy: Report

The United States government has pursued energy policies based on “the mistaken belief in the unproven science that claims carbon dioxide (CO2) emissions from burning

Petroperu Tenders to Sell Fuel Oil for May

State-run Petroperu launched a tender to sell a 220,000 barrel cargo of fuel oil for delivery May 26-31 at its Talara port in Peru, according to a document seen by Reuters on Tuesday.

Angolan June Crude Cargo Trade Steady to Higher

Angolan crude cargos for June loading have been finding buyers at steady to higher levels, traders said on Tuesday, while attention in the Nigerian market was focused on the June loading program.

Exxon Finds Tapping Device on UK Oil Pipeline

Exxon Mobil said it found a tapping device on a U.K. oil products pipeline following reports that a stash of diesel had been discovered that police said had been siphoned off by thieves.

Gasoline Firmer, Diesel Weaker on Supply

Gasoline barge swaps in northwest Europe strengthened over the week to Tuesday on the back of tighter supply and robust demand from overseas markets, but diesel swaps weakened as supply increased.

Petrojam to Buy Gasoline, Diesel and Jet Fuel

Jamaica's refining company Petrojam launched a tender to buy a 265,000 barrel cargo combining gasoline, high-sulfur diesel (HSD) and jet fuel for delivery May 1-3 at Kingston,

India's March Fuel Sales up 0.8% Y/Y

India's local oil product sales rose an annual 0.8 percent in March, government data showed on Monday.   Diesel consumption, which makes up over 40 percent of local fuel sales, declined 1.

Esso Shuts UK Fuel Pipeline after Theft Report

Exxon's UK arm Esso has shut a pipeline running from its Fawley oil refinery near Southampton for checks, the company said on Monday, after a report that thieves

U.S. Supreme Court Declines Exxon Mobil Appeal

The U.S. Supreme Court on Monday declined to review a ruling against Exxon Mobil Corp that ordered the company to pay $105 million in damages for polluting New

Middle East Crude Steady; June Cargoes Trading

SINGAPORE, April 21 (Reuters) - The Middle East crude market held steady on Monday after prices firmed last week on buoyant demand from Japan. June differentials

Texas Refinery Loss Blame Should be Shared: Petrobas ex-CEO

Brazil's President Dilma Rousseff must assume her share of responsibility for the controversial purchase of a refinery in Texas by Petroleo Brasileiro SA, the former

Japan LNG Imports Hit Record Levels

Japan imported record volumes of liquefied natural gas (LNG) and thermal coal in the fiscal year ended in March, as the country's  shutdowns of nuclear stations

World Petroleum Congress to be held in Moscow

  Deputy Prime Minister of the Russian Federation, Arkady Dvorkovich, has confirmed that the 21st World Petroleum Congress will be held in Moscow from 15 – 19 June 2014.

Saudi SABIC Q1 Profit Falls 1.8 % On Product Prices

  Profit at Saudi Basic Industries Corp (SABIC), one of the world's biggest petrochemical firms, slipped 1.8 percent in the first quarter of this year as lower

Lockheed Martin's First Marine LNG Tank Goes to Harvey Gulf

Lockheed Martin notifies that its first Liquefied Natural Gas (LNG) tank has transitioned from the assembly line to the shipyard for integration with the Wärtsilä LNG propulsion system,

Bunker Specialists Endofa Name Hoffmann CEO

Endofa, an independent marine fuel supplier and bunker trader, informs it has named Lars Hoffmann as Chief Executive Officer. Prior to joining Endofa, Hoffmann

YPF Tenders to Buy Fuel Oil for June

State-run oil company YPF launched its second fuel oil tender in April, this time to buy two 50,000 metric ton cargoes (some 375,000 barrels each) to be received

India Cuts Iran Oil Imports

India's imports of Iranian crude tumbled about a fifth in the fiscal year ended in March, despite a surge of shipments in recent months that came after a deal easing sanctions on Tehran.

Kinder Morgan Energy Partners' Dividend Up 6%

Kinder Morgan Energy Partners, L.P. informs in its Q4 2014 financial report that it has increased its quarterly cash distribution per common unit to $1.38 ($5.52 annualized) payable on May 15,

Russian, German, Natural Gas Majors Put Heads Together

Gazprom inform that Amsterdam hosted the annual meetings of the Co-ordinating Committee for Strategic Cooperation and the Co-ordination Committee for Sci-Tech Collaboration

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