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South Korea's GS Caltex Buys Rare Canadian Crude Cargo For February
South Korean refiner GS Caltex Corp has bought a rare cargo of Cold Lake crude, the company's first purchase in more than two decades of this Canadian oil grade, a company spokesman said
By : Reuters l Reporting by Jane Chung in SEOUL and Florence Tan in SINGAPORE; Additional reporting by Nia Williams in CALGARY l Editing by Tom Hogue and Kenneth Maxwell | December 19, 2017
China's Hengyi To Increase Singapore Staff To Push Oil, Coal Trade
Hengyi Industries International Pte Ltd plans to expand its team in Singapore to about 50 staff in 2019 to buy crude and coal as well as sell oil products for the company's $3.4 billion Brunei project, a company official said on Thursday.
By : Reuters l Reporting by Florence Tan l Editing by Manolo Serapio Jr. | December 14, 2017
Vietnam Signs Crude Oil Supply Deals With SOCAR, Glencore
Vietnam's state-run Binh Son Refining and Petrochemical Co (BSR) and state oil marketer PV Oil have signed non-binding term agreements with two western trading companies to buy crude, BSR officials said
By : Reuters l Reporting by Mai Nguyen l Writing and additional reporting by Florence Tan l Editing by Tom Hogue and Neil Fullick | December 13, 2017
Malaysia's Sapura Energy Records Net Loss In 3Q
Sapura Energy Bhd, Malaysia's largest oil and gas services firm, on Thursday posted a net loss for its third-quarter earnings, hit by lower spending from the energy sector.
By : By Reuters l Reporting by Emily Chow | December 08, 2017
China To Auction Five Oil, Gas Blocks In Xinjiang In Reform Push
China is putting out for auction five oil and gas blocks in the remote northwest Xinjiang region to domestic investors, under the government's pledged reform to open up hydrocarbon exploration to players outside the dominant state giants.
By : Reuters l Reporting by Chen Aizhu l Editing by Gopakumar Warrier | December 07, 2017
Vietnam's PV Oil Plans Jan IPO That Aims To Raise At Least $122 Mln
Vietnam state oil distribution firm PetroVietnam Oil Corp (PV Oil) plans to offer 20 percent of its shares in an initial public offering (IPO) in January that aims to raise at least $122 million, its parent firm said
By : Reuters l Reporting by Mai Nguyen l Editing by Muralikumar Anantharaman | December 05, 2017
Venezuela's PDVSA To Tap Oil Customers To Pay $449MM To ONGC
Venezuela's national oil company PDVSA will use existing crude oil customers or new Indian state buyers as intermediaries to settle $449 million owed to India's ONGC Videsh Ltd, the Indian company said in a statement on Wednesday.
By : Reuters l Reporting by Nidhi Verma l Editing by Elaine Hardcastle | December 01, 2017
BHP Eyes Two-Year Exit From Shale; Also Selling Nickel
BHP Billiton said it hopes to fully divest its troubled U.S. onshore shale business in around two years and is also seeking a buyer for its nickel business in Australia.
By : Reuters l Reporting by James Regan, additional reporting by Melanie Burton in MELBOURNE l Editing by Richard Pullin | November 30, 2017
Indian Oil Corp Studies Renewed Venezuelan Crude Purchases
Indian Oil Corp is considering buying Venezuelan crude for the first time in at least six years, in a move that could help the crisis-struck South American nation settle unpaid bills with another state-owned Indian energy firm.
By : Reuters l Reporting by Nidhi Verma in NEW DELHI l Additional Reporting by Alexandra Ulme in CARACAS l Editing by Henning Gloystein and Richard Pullin | November 29, 2017
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