Keyword: oil industry

News

BP Withdraws Staff from Libya Due to Security Concerns

12.05.2013 - British oil company BP said it is withdrawing some non-essential staff from Libya after Britain's government warned about deteriorating security in the capital Tripoli. "We are...

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At Least Five European Refineries Cut Runs

10.05.2013 - At least five refineries in Northwest Europe and the Mediterranean have been reducing output since the second half of April due to weak margins, particularly for gasoline and...

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Shell to Develop World's Deepest Offshore Oil Platform

09.05.2013 - Royal Dutch/Shell said on Wednesday it will go ahead with the world's deepest offshore oil and gas production project, pushing the boundaries of technology to produce from nearly 2...

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Protests in Chinese City Over Planned Chemical Plant

04.05.2013 - Hundreds of people took to the streets of the Chinese city of Kunming on Saturday to protest against the planned production of a chemical at a refinery, in the latest show of...

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Venezuela 2012 Oil and Fuel Exports Rise, Crude Output Slips

04.05.2013 - Venezuela's oil and fuel exports rose slightly in 2012 over the previous year even as crude production and refinery output slipped, the oil minister said on Friday, as the OPEC...

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Shell Boss to Retire Early as Profits Top Forecast

02.05.2013 - Royal Dutch/Shell's 54-year old chief executive Peter Voser is to retire next year in a surprise early departure he said was driven by a desire for a change of lifestyle. Voser has...

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Kemira Sees Oil, Gas Regulations Boosting Water Treatment Market

02.05.2013 - Finnish chemicals group Kemira believes stricter environmental regulation of its customers in the oil and gas industry will create a big new market for its water treatment...

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Cheaper Crude Helps Phillips 66 Double Quarterly Profit

01.05.2013 - U.S. refiner Phillips 66 said on Wednesday that first-quarter earnings more than doubled as it used cheaper American- and Canadian-produced crude oil to make gasoline and other...