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Asian Oil Refiners Cut Output To Fight Oversupply, Low Margins
Oil refiners in Asia are processing less crude as they grapple with margins that plunged to five-year lows after the region was flooded with supply of refined products and as slowing economic growth hits demand for fuels.
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Asian Oil Refiners Cut Output To Fight Oversupply, Low Margins
Oil refiners in Asia are processing less crude as they grapple with margins that plunged to five-year lows after the region was flooded with supply of refined products and as slowing economic growth hits demand for fuels.
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Global Oil Majors Look To Shed Refineries As Crude Prices Rebound
Global oil majors Chevron Corp and Royal Dutch Shell Plc are putting small refineries on the auction block as they look to trim lower-margin assets in the face of headwinds from rising crude oil prices.
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US Coast Guard Investigates Oil Slick off California Coast
The US Coast Guard was investigating a large, patchy oil sheen that appeared off the Southern California coast west of Santa Barbara on Wednesday, not far from the site of a petroleum pipeline spill in May, officials said.
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No gas, please: Australia shale hunters focus on oil
Shale prospectors in Australia's vast Outback are homing in on oil as the lucrative prize that is easier and cheaper to exploit than gas.
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Reliance Industries shortlisted for multi-billion dollar Iraq oil project
Reliance Industries Ltd (RIL) and six other firms were shortlisted by Iraq on Tuesday for development of its Nasiriya oilfield and construction of an associated 300,000 barrels per day refinery.
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Wall Street posts worst week of 2012 as job growth slows
Wall Street ended its worst week this year with a sharp selloff after a slowdown in job creation in the US
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Oil rig catches fire off Nigeria's delta
Chevron Corp. says an offshore rig being run for its subsidiary near Nigeria's oil-rich southern delta has caught fire and officials are still trying to account for all the workers there.
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Asian Oil Refiners Cut Output To Fight Oversupply, Low Margins
Oil refiners in Asia are processing less crude as they grapple with margins that plunged to five-year lows after the region was flooded with supply of refined products and as slowing economic growth hits demand for fuels.
-
Asian Oil Refiners Cut Output To Fight Oversupply, Low Margins
Oil refiners in Asia are processing less crude as they grapple with margins that plunged to five-year lows after the region was flooded with supply of refined products and as slowing economic growth hits demand for fuels.
-
Global Oil Majors Look To Shed Refineries As Crude Prices Rebound
Global oil majors Chevron Corp and Royal Dutch Shell Plc are putting small refineries on the auction block as they look to trim lower-margin assets in the face of headwinds from rising crude oil prices.
-
US Coast Guard Investigates Oil Slick off California Coast
The US Coast Guard was investigating a large, patchy oil sheen that appeared off the Southern California coast west of Santa Barbara on Wednesday, not far from the site of a petroleum pipeline spill in May, officials said.
-
No gas, please: Australia shale hunters focus on oil
Shale prospectors in Australia's vast Outback are homing in on oil as the lucrative prize that is easier and cheaper to exploit than gas.
-
Reliance Industries shortlisted for multi-billion dollar Iraq oil project
Reliance Industries Ltd (RIL) and six other firms were shortlisted by Iraq on Tuesday for development of its Nasiriya oilfield and construction of an associated 300,000 barrels per day refinery.
-
Wall Street posts worst week of 2012 as job growth slows
Wall Street ended its worst week this year with a sharp selloff after a slowdown in job creation in the US
-
Oil rig catches fire off Nigeria's delta
Chevron Corp. says an offshore rig being run for its subsidiary near Nigeria's oil-rich southern delta has caught fire and officials are still trying to account for all the workers there.
