Germany takes control of Russian-owned refinery amid energy crisis

Germany takes control of Russian-owned refinery amid energy crisis

Register now for FREE unlimited access to Reuters.com Register German energy industry reeling since war in Ukraine German regulator now has control of Schwedt refinery Schwedt refinery is a main fuel source for Berlin PKN interested in controlling stake in refinery – sources BERLIN, Sept 16 (Reuters) – Germany took control of a major Russian-owned … Read more

Chairman of Russian oil producer Lukoil dies after falling from hospital window – source

Chairman of Russian oil producer Lukoil dies after falling from hospital window – source

Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Sept 1 (Reuters) – Ravil Maganov, chairman of Russia’s second-largest oil producer Lukoil (LKOH.MM), died on Thursday after falling from a hospital window in Moscow, a source familiar … Read more

Europe braces for more cuts in Russian oil and gas exports

Europe braces for more cuts in Russian oil and gas exports

An interior view shows a new pumping station of the Caspian Pipeline Consortium (CPC) near the city of Atyrau, Kazakhstan October 12, 2017. REUTERS/Mariya Gordeyeva Register now for FREE unlimited access to Reuters.com Register CPC says two of three mooring points (SPM) suspended One SPM can handle less than 70% of terminal capacity – sources … Read more

U.S. targets Chinese, UAE firms in new Iran oil sanctions

U.S. targets Chinese, UAE firms in new Iran oil sanctions

Model of petrol pump is seen in front of U.S. and Iran flag colors in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 2 (Reuters) – The United States on Monday imposed sanctions on Chinese and other firms it said helped to sell tens … Read more

Oil from U.S. reserves sent overseas as gasoline prices stay high

Oil from U.S. reserves sent overseas as gasoline prices stay high

HOUSTON, July 5 (Reuters) – More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs. The export of crude and … Read more

Drone attack may have caused Russia refinery fire near Ukraine -governor

Drone attack may have caused Russia refinery fire near Ukraine -governor

Fire broke out on Wednesday morning Blaze has been put out Russia investigating attacks on its oil installations This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, June 22 (Reuters) – The Novoshakhtinsk oil refinery in Russia’s Rostov region, bordering Ukraine, suspended operations on Wednesday after … Read more

China May oil imports from Russia soar to a record, surpass top supplier Saudi

China May oil imports from Russia soar to a record, surpass top supplier Saudi

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register Russia overtakes Saudi as top supplier after 19-month gap Russian imports nearly 2 mln bpd in May Imports from Malaysia more than doubled in May … Read more

U.S. gasoline average price tops $5 per gallon in historic first

U.S. gasoline average price tops  per gallon in historic first

June 11 (Reuters) – The price of U.S. gasoline averaged more than $5 a gallon for the first time on Saturday, data from the AAA showed, extending a surge in fuel costs that is driving rising inflation. The national average price for regular unleaded gas rose to $5.004 a gallon on June 11 from $4.986 … Read more

Exclusive: China’s state refineries avoid new Russian oil trades

Exclusive: China’s state refineries avoid new Russian oil trades

Smoke spews from the chimneys of an oil refinery in Nanjing, Jiangsu Province in eastern China, December 28, 2006. REUTERS / Sean Yong Sign up now for FREE unlimited access to Reuters.com Sign up Sinopec, CNOOC, PetroChina, Sinochem refrain from new purchases Concerns about sanctions keep state-owned enterprises at bay Some independent refineries continue ESPO … Read more

Exxon signals record quarterly profit from oil and gas prices

Exxon signals record quarterly profit from oil and gas prices

Signage seen at a gas station at an Exxon gas station in Brooklyn, New York City, USA, November 23, 2021. REUTERS / Andrew Kelly Sign up now for FREE unlimited access to Reuters.com Sign up HOUSTON, April 4 (Reuters) – Exxon Mobil Corp (XOM.N) said Monday that their first-quarter results could top a seven-year quarterly … Read more