[ad_1] June 26 (Reuters) – Oil shippers on the Trans Mountain expansion (TMX) project are challenging proposed pipeline tolls filed by Canadian government-owned Trans Mountain Corp with regulators last month,…
Tag: REPI:REFINING
As Nigeria scraps fuel subsidy, a vibrant black market collapses
[ad_1] [1/5]Yaouba Ahmadou, in white dress, a semi-wholesaler of Nigeria’s contraband fuel speaks with his workers in Garoua, Cameroon June 21, 2023. REUTERS/Desire Danga Essigue Smuggled Nigerian fuel widely traded…
China refiners stoke petrochemical glut in market-share war
[ad_1] [1/2]A worker drives a forklift past sacks of polyester-making chemicals, waiting to be shipped, at Hengli Petrochemical’s new refining, petrochemical complex at Changxing island in Dalian, Liaoning province, China…
Indonesia’s Pertamina reaches $3.1 billion financing deal for Balikpapan
[ad_1] JAKARTA, June 24 (Reuters) – Indonesia’s state energy company Pertamina (PERTM.UL) reached a $3.1 billion financing deal with a number of export credit agencies and commercial banks to fund…
Netherlands to end Groningen gas production by Oct 1
[ad_1] THE HAGUE, June 23 (Reuters) – Gas production at the Netherlands’ Groningen field will end by Oct. 1, the government said on Friday, as it kept its promise to…
Low water hampers Rhine river shipping in Germany
[ad_1] HAMBURG/LONDON, June 19 (Reuters) – Low water levels after dry weather are preventing cargo vessels from sailing fully loaded on the Rhine river in Germany and meaning surcharges are…
Rosneft’s Sechin: Russia losing out to OPEC+ due to different exports structure
[ad_1] Sechin proposes OPEC+ to monitor oil exports Sechin: OPEC will not be able to meet rising oil demand Sechin: more difficult for OPEC+ to find common solutions MOSCOW, June…
TotalEnergies buys $219 million stake in LNG developer NextDecade
[ad_1] PARIS, June 14 (Reuters) – TotalEnergies (TTEF.PA) will buy a 17.5% stake in U.S. liquefied natural gas developer NextDecade (NEXT.O) for $219 million, the French group said on Wednesday,…
Shell says Singapore energy, chemicals assets under review
[ad_1] SINGAPORE, June 14 (Reuters) – Shell (SHEL.L) said on Wednesday it is conducting a strategic review of energy and chemicals assets on Bukom and Jurong Island in Singapore. The…
US buys over 3 mln bbls for oil stockpile, announces plan for 3 mln more
[ad_1] WASHINGTON, June 9 (Reuters) – The U.S. Department of Energy said on Friday it awarded supply contracts to five companies to deliver 3.1 million barrels of crude oil to…