Keyword: Oil

News

Chevron, Exxon Investors Sustain Calls for Fracking Disclosure

30.05.2013 - About 30% of shareholders of both Exxon Mobil and Chevron on Wednesday backed calls for more disclosure surrounding their use of hydraulic fracturing, the top two U.S. oil...

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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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Shell Puts Its Geelong Australia Refinery Up for Sale

04.04.2013 - Royal Dutch Shell put its Geelong oil refinery in Australia up for sale as mounting competition from Asia and reduced margins hammer the country's crude processors. The refinery...

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Platts Bans Vitol from Europe Naphtha "Window" Trade

14.03.2013 - Vitol, the world's largest oil trading house, has been barred by pricing agency Platts from its daily European "window" naphtha trading session after failing to deliver on time...

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Vopak Hit as Demand for Oil and Chemical Storage Falls

01.03.2013 - Dutch oil and chemicals storage firm Vopak missed fourth-quarter operating profit forecasts and warned of only limited growth this year as a weak manufacturing sector cuts demand...

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Vitol's Dominance Grows in Cash European Oil Markets

19.02.2013 - Top oil trader Vitol is increasingly dominant in European oil markets, taking a stranglehold on Urals crude to the Mediterranean and the naphtha and gas oil markets that rival...

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Rosneft in Talks to Increase Oil Supply to China

18.02.2013 - Russia's top crude producer Rosneft said its chief executive had started talks in China over the possibility of increasing oil supplies to the world's largest energy consumer. The...

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Wintershall Makes Oil Discovery in Dutch North Sea

04.12.2012 - Germany's Wintershall has made what could be a major oil discovery in the Dutch North Sea, pending appraisal drilling in 2013, the company said on Tuesday. Wintershall, the...