04.05.2013
- Venezuela's oil and fuel exports rose slightly in 2012 over the previous year even as crude production and refinery output slipped, the oil minister said on Friday, as the OPEC...
01.05.2013
- Oil traders including commodities giant Trafigura and Australian bank Macquarie have quietly begun shipping U.S. crude oil from Texas to Canada, raising the ire of U.S. East Coast...
23.04.2013
- Britain has blocked efforts by oil major Royal Dutch Shell to settle a $2.3 billion debt it owes Iran by paying in kind with grains or pharmaceuticals, industry sources said. Shell...
19.03.2013
- China's biggest refiner Sinopec Corp will process more Iranian crude at its second-largest plant in 2013 than in 2012, a Sinopec official said, but sees no problem finding...
21.02.2013
- A spike in piracy off Nigeria's oil-rich coast has shown gangs are willing to venture further afield and use more violent tactics, increasing the risk of doing business in Africa's...
19.02.2013
- Top oil trader Vitol is increasingly dominant in European oil markets, taking a stranglehold on Urals crude to the Mediterranean and the naphtha and gas oil markets that rival...
18.02.2013
- Russia's top crude producer Rosneft said its chief executive had started talks in China over the possibility of increasing oil supplies to the world's largest energy consumer. The...
02.01.2013
- More crude from state-owned top producer Rosneft kept Russian oil output the highest in the world last year, ahead of Saudi Arabia, Energy Ministry data showed on Wednesday. Crude...
