12.06.2012
- Chinese refiner Sinopec has turned down offers of bargain Iranian crude and will cut imports by up to a fifth this year, a senior Chinese oil executive said, insisting ties with...
31.05.2012
- Swiss-based trader Gunvor, co-owned by a Russian tycoon, has bought a second European oil plant from Petroplus, as trading houses emerge as the biggest winners from the insolvent...
29.05.2012
- OPEC output in May has hit its highest since 2008 as Saudi Arabia maintained high production rates despite a drop in prices and Iranian shipments did not fall substantially further...
28.11.2011
- China Petroleum and Chemical Corp (Sinopec), China's top oil refiner, will delay the startup of a new 160,000-barrel-per-day (bpd) crude oil unit at its Jinling refinery until June...
31.10.2011
- China's No.1 and No.2 oil and gas producers, PetroChina and China Petroleum & Chemical Corp (Sinopec), reported third quarter net profit that beat estimates, as strong oil and gas...
09.08.2011
- Air Products said it has entered into a long-term agreement with Shell for the supply of a significant portion of the hydrogen requirements at Shell's Deer Park refinery in Texas...
26.10.2010
- Indian refiners processed 10.2% less crude oil in September from a year earlier, its second straight monthly decline and steepest fall since July 2009, due to maintenance work at...
12.10.2010
- Inventories of crude oil and middle distillates, such as diesel and heating fuel, fell in 16 European countries in September, according to data from Euroilstock, which analysts...
