Gazprom is conducting a new round of gas talks with a number of its key European clients, including Italy's Eni and France's GDF, to revise down prices under long-term oil-indexed contracts, deputy CEO Alexander Medvedev said Tuesday, ...
Sweet North Sea crude values have begun rebounding as European crude oil traders begin to take note of improving sweet refining margins, the first time in over a month that sweet margins have performed better than sour, traders said Monday. ...
Tags: Sweet North Sea, Margins
Vietnamese Prime Minister Nguyen Tan Dung has agreed in principle to the construction of a huge refinery and petrochemical complex by Thailand's PTT in the central Vietnamese province of Binh Dinh, a senior regional politician said Sunday. ...
Tags: PTT Vietnam, PTT
According to Egypt State Information Service, Egyptian President Mohamed Morsi has called for the expediting of the Suez Canal Corridor Development project given its positive effect in supporting the Egyptian economy, attracting investment ...
Tags: Canal Corridor Project, Mineral
State oil companies China Petroleum & Chemical Corp., or Sinopec, and China National Petroleum Corp. over the weekend said they would boost supplies of oil products to central Sichuan province, following a major earthquake Saturday morning ...
Tags: oil companies, oil
China's National Development and Reform Commission will not adjust the regulated prices of gasoline and diesel in what would have been the first such exercise following the new pricing mechanism introduced late last month, the NDRC said ...
Japan's export of oil products slid 3.7% to 2.95 million barrels over March 3-9, from 3.06 million barrels in the previous week, data released Wednesday by the Petroleum Association of Japan showed. Middle distillates at 1.88 million ...
Tags: oil product exports, oil product, oil
Natural Plant Products has revealed the latest findings from two independent hair shine studies that compared their latest natural oil product, Daikon Radish Oil, both to other natural emollients as well as popular silicones. The tests ...
Tags: Natural Plant Products, hair shine, natural oil product
China is considering to make changes to its oil pricing mechanism by both shortening the price review period and removing the price fluctuation limitation of a basket of crudes used to adjust retail oil product prices, the official Xinhua ...
Tags: China, Oil Pricing, Mechanism
The International Energy Agency remains largely in the dark over the real pace of China's surging oil demand despite long-running attempts to persuade the county to publish official data on consumption and oil stocks, the IEA's top energy ...
Tags: Oil Demand, Energy Security, Mineral
Japan's JX Nippon Oil & Energy sold a total 44.04 million kiloliters, or 1.01 million b/d, of oil products in the domestic market over April-December 2012, up 5.3% year on year, JX Holdings, the parent company of the largest Japanese ...
Israel's refined oil product demand rose by 19% in 2012 due to sharply higher consumption of gasoil and fuel oil in the country's electricity sector, the country's Energy and Water Ministry said Wednesday. The ministry's Fuel and Gas ...
Tags: Israel, refined oil product, gasoil, fuel oil
China's dependence on foreign crude oil and refined oil products is set to increase, but the government has placed a cap at 61% of total requirements for the end of the current five-year economic plan in 2015, according to a new government ...
Tags: China, crude oil, refined oil products, energy development
China's commercial crude oil stocks fell 3.6% at the end of December from a month earlier, according to China Petroleum Stockpile Statistics compiled by state news agency Xinhua and released on Monday. The fall in stocks was due to ...
Tags: China, commercial crude oil, stocks, China Petroleum Stockpile Statistics
China's crude oil imports in December rose 8% year on year to 23.67 million mt, or an average of 5.6 million b/d, according to preliminary trade data released Thursday by the General Administration of Customs. The volume is 1.9% lower ...