Fuels & Lubes

Conrad Shipyard Forms LNG Business Unit

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery,

Shell to Work with UK, EU on Brexit Impact

Royal Dutch Shell said it will work with the British government and European institutions on any implications for its business from Britain's decision to leave the European Union,

BP: UK Headquarters Unchanged Despite Brexit Vote

Oil major BP said on Friday its headquarters would remain in the United Kingdom, despite Britain voting to leave the European Union. "It is far too early to

Klüber Synthetic Gear Oils Offer Max Efficiency

Klüber Lubrication, manufacturer of specialty lubricants, provides high-performance gear oils that are based on high-grade raw materials and advanced additives,

Alfa Laval Announced Plans for SMM 2016

At SMM 2016, Alfa Laval will mark the 100th anniversary of its first marine separator, and present marine customers with more new solutions.   Over the course of a century,

Indian Companies Consider Rosneft Stakes, Pipeline

Indian companies are evaluating buying stakes in Russian state oil firm Rosneft , India's oil minister said on Thursday, as Moscow seeks funds to address its state deficit.

Philadelphia Energy Shopping East Coast's Largest Refinery

Philadelphia Energy Solutions, the Carlyle Group-backed company that breathed new life into a "zombie" refinery complex on the East Coast is now trying to shed

IBIA Surveys Members on Sulphur Cap Transition

Ahead of the International Maritime Organization’s (IMO) decision on the timing of the global 0.5 percent sulphur cap for marine fuels, the International Bunker

Pemex on Alert for Road Blockades at Top Refinery

Rowdy teacher protests in southern Mexico have caused delays and bottlenecks in transporting fuel from the country's top refinery in Salina Cruz, and state oil

Brexit Just One of Many Risks for Oil Prices

Regardless of whether Britain votes to leave the EU on Thursday, oil investors are likely to stay focussed on how to counter the risk of further price slides.   Once

U.S. Crude Oil Inventories Stocks Fall Less Than Expected

U.S. crude oil inventories fell less than expected last week, while product inventories rose modestly, the U.S. Energy Information Administration said on Wednesday.

Polish PM says Warsaw Concerned Nord Stream 2 Will Divide Europe

Polish Prime Minister Beata Szydlo told German Chancellor Angela Merkel that Warsaw is concerned about plans by German power firms and Russian monopoly Gazprom

U.S. Court Sets Aside Obama Administration Fracking Rules for Public Lands

A federal judge in Wyoming has set aside new regulations for hydraulic fracturing on public lands that were vehemently opposed by oil and gas producers.   The U.

President Warns Oil Fall Leaves Angola Short of Foreign Reserves

Angola is running short of foreign reserves to pay for imports because its national oil firm has not contributed to state coffers since January, President Jose Eduardo dos Santos said.

German Government Agrees to Ban Fracking Indefinitely

Germany's coalition government agreed to ban fracking for shale gas indefinitely on Tuesday, after years of fractious talks over the issue, but environmental groups

Moroccan Court Gives Oil Refiner Samir More Time to Restart Production

A Moroccan court has given the country's only oil refinery, Samir, another six months to restart production, two sources from the company said on Tuesday, giving

Exxon Torrance Crane Collapse Impacts Ops, Sale

A 300-ton crane at a Torrance, California, refinery that Exxon Mobil Corp plans to sell fell onto a portion of a gasoline unit at the plant, industry sources said on Monday.

French Union Plans Energy Sector Protests

France's CGT union on Tuesday called on energy workers to stage protests, including reductions to power output, on June 23 and 28 as part of nationwide action against a government labour reform.

Ebbing Brexit Fears Give Oil A Boost

Oil rose for a second day on Monday, buoyed by greater investor appetite for riskier assets such as commodities and equities, after polls showed a lower chance

Iran Boosts Kharg Island's Oil Export Capacity

Iran has increased its crude exports capacity at its main terminal on Kharg Island to allow eight tankers to load simultaneously, the oil ministry's news agency Shana reported on Monday.

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