Keyword: Energy

News

Texas Oil Sails to Canada, Refiners Fume Over Tanker Law

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...

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Total Profit Falls on Lower Oil Prices, Output

26.04.2013 - French oil firm Total posted a fall in first-quarter profit due to lower oil prices and a drop in oil and gas output, partly offset by a rise in its refining and chemicals business...

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U.S. Oil Production Rises for Exxon, Conoco in Q1

25.04.2013 - Quarterly results from Exxon Mobil and ConocoPhillips on Thursday showed that while overall growth remained elusive, output rose in key basins in the United States where the oil...

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China's Sinopec Says No Impact On Gas Field From Quake

20.04.2013 - Sinopec Group, Asia's largest oil refiner, said its huge Puguang gas field in southwest China's Sichuan province had not been affected by a strong earthquake that struck the region...

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New Duties on U.S. Ethanol to Boost EU Output

18.04.2013 - New anti-dumping duties against the United States will reshape the European Union's ethanol biofuel sector, creating opportunities for European producers and imports from Latin...

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High Naphtha Import Volumes to Hit Asia for the 5th Month

16.04.2013 - Europe, the Mediterranean and the United States will ship about 1 million tons of naphtha to Asia next month, similar to volumes that have been running more than 60% higher than...

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Israel's Gas Bonanza Ushers Golden Era for Refiners

10.04.2013 - Natural gas flow from Israel's new giant offshore field is giving the country's two refineries a new lease of life, slashing their costs and ensuring supply security. Gas from the...

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Crunch Vote Nears That Could Kill EU Carbon Fix

09.04.2013 - Months of bitter argument culminate next Tuesday in a make-or-break vote on an attempt to prop up the European Union carbon prices, which plunged to record lows earlier this year...