26.07.2012
- European oil refiners are set to lose a vital export market because the U.S. petrochemical industry is shifting away from reliance on oil products, notably naphtha, and using cheap...
19.07.2012
- America's shale oil boom is great news for U.S. industry, jobs and consumers, but it could cost global refiners billions. Banking on rising demand for transport fuels, oil...
12.07.2012
- World oil demand growth will slow in 2013 from the already weak 2012, OPEC said on Wednesday, citing Europe's debt worries, a faltering U.S economic recovery and deceleration of...
09.07.2012
- Saudi Arabia maintained crude oil shipments to the United States in June near their highest level since 2008, data showed, despite a serious glitch that has crippled its newly...
25.06.2012
- In the end, all it took was a small chemical spill -- perhaps less than a barrelful -- to bring down the newest, mightiest oil refinery in the United States. Three weeks ago, while...
21.06.2012
- Saudi Arabia's unexpected surge in oil exports to the United States this year has fallen into question following a deepening crisis this month at the kingdom's jointly owned and...
19.06.2012
- Iraq's autonomous Kurdistan expects more oil majors to follow Exxon Mobil in the next few months in striking deals in the region, where oil shipments will resume, its natural...
18.06.2012
- CNOOC, China's third-largest state-run refiner, has started building a 60,000-barrel-per-day crude processing facility in eastern China, to boost its still nascent refining and...
