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IEA: Carbon Capture Needed In Climate Change Fight
Carbon capture and storage is gradually gaining government attention after being overtaken by investment in wind and solar energy, with the International Energy Agency (IEA) saying the technology will be crucial to limiting global warming.
By : Reuters Reporting by Sonali Paul l Editing by Richard Pullin | June 21, 2017
India's 2017 Diesel Imports May Rise To Highest Since At Least 2011
India's diesel imports this year may rise to the highest since at least 2011 as refiners shut down to upgrade their units to meet new fuel standards and as warmer temperatures spur demand, said five industry sources.
By : Reuters l Reporting by Jessica Jaganathan l Editing by Christian Schmollinger | June 20, 2017
Mercuria, Petrochina Selling Fuel Oil Stored Offshore Singapore, Malaysia
Independent trading house Mercuria and Chinese state oil giant PetroChina are selling fuel oil stored in vessels off Singapore and southern Malaysia on strong demand from the shipping and power sector, several trade sources said.
By : Reuters l Reporting by Jessica Jaganathan l Editing by Tom Hogue | June 19, 2017
India Minister: Saudi Aramco Seeks Exclusive Talks Over India Oil Refinery
Oil giant Saudi Aramco wants to enter into exclusive talks with India to buy a stake in the planned 1.2 million barrels per day (bpd) refinery on the South Asian nation's west coast, India's oil minister said on Wednesday.
By : Reuters l Reporting by Nidhi Verma and Neha Dasgupta l Editing by Mark Potter | June 16, 2017
Embattled Noble Receives Interest For Oil Business
Struggling commodity trader Noble Group Ltd has been approached by potential buyers for its oil business, the Financial Times newspaper reported on Monday, citing four people familiar with the matter.
By : Reuters l Reporting by Aradhana Aravindan l Editing by Christian Schmollinger | June 15, 2017
Sinopec Says Did Not Receive Order To Relocate Yanshanoil Refinery
China's Sinopec has not received a government order to relocate the Yanshan oil refinery, contradicting an earlier news report that the plant would be moved to develop the Xiongan New Area, the company said on Thursday.
By : Reuters l Reporting by Meng Meng and Josephine Mason l Editing by Christian Schmollinger | June 15, 2017
Philippines Eyes $2B Storage Facility For LNG Imports
The Philippines aims to build a $2-billion receiving and distribution facility for imported LNG, as it seeks to replace depleting domestic gas reserves that now produce a fifth of its power, the energy department said.
By : Reuters l Reporting by Enrico dela Cruz l Editing by Clarence Fernandez | June 13, 2017
China 'Teapot' Oil Group Urges Compliance On Quotas, Tax
An alliance of more than 20 of China's independent oil refineries has urged its members to strictly adhere to government rules on oil quotas and taxes, according to a group statement seen by Reuters on Tuesday.
By : Reuters l Reporting by Chen Aizhu l Editing by Richard Pullin | June 12, 2017
Indonesia's Pertamina To Delay Some Refinery Projects Over Financing
Pertamina plans to delay some refinery upgrades and a new project, including ventures involving Rosneft and Saudi Aramco, due to financing issues, the Indonesian state oil company said on Tuesday.
By : Reuters l Reporting by Wilda Asmarini l writing by Ed Davies l Editing by David Clarke | June 08, 2017
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