REPI:REFINING

Oil prices could spike in winter, Yellen says

US Treasury Secretary Janet Yellen holds a news conference in the Cash Room at the US Treasury Department in Washington, US July 28, 2022. REUTERS/Jonathan Ernst/File Photo Register now for FREE unlimited access to Reuters.com register WASHINGTON, Sept 11 (Reuters) – US Treasury Secretary Janet Yellen on Sunday said Americans could experience a spike in …

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Exxon, Shell sell California oil assets for $4 billion to IKAV

Exxon, Shell sell California oil assets for $4 billion to IKAV Signage is seen at an Exxon gas station in Brooklyn, New York City, US, November 23, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com register HOUSTON, Sept 1 (Reuters) – Exxon Mobil Corp (XOM.N) and Shell Plc (SHEL.L) on Thursday …

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Exclusive: Exxon, Shell close to selling California oil and gas venture Aera – sources

Exclusive: Exxon, Shell close to selling California oil and gas venture Aera – sources Register now for FREE unlimited access to Reuters.com register Firms in advanced talks to sell Aera oil and gas venture Shell has sought to exit aging California operation since 2021 HOUSTON/NEW YORK, Aug 31 (Reuters) – Exxon Mobil Corp (XOM.N) has …

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BP Whiting, Indiana, refinery shut; timing of restart unknown -sources

The BP logo is seen at a BP gas station in Manhattan, New York City, US, November 24, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com register HOUSTON, Aug 26 (Reuters) – BP Plc’s (BP.L) 435,000 barrel-per-day Whiting, Indiana, refinery is shut down and undergoing damage assessment following loss of electrical power …

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Sanctions-hit Russia sending fuel oil to Asia, ship-to-ship terminals

Oil tankers sail along Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo 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, Aug 24 (Reuters) – Under pressure from Western sanctions, …

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Russian, Kazakh crude exports hit by CPC terminal repairs

An exterior 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 Two of three single mooring points need repairs CPC still looking for firm to carry out the work Aug, Sept export …

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TotalEnergies, Eni announce major Cyprus gas find

PARIS, Aug 22 (Reuters) – TotalEnergies (TTEF.PA) of France and Italy’s Eni (ENI.MI) on Monday announced a significant natural gas discovery at the Cronos-1 well off Cyprus. The island reported its first natural gas discovery, Aphrodite, in 2011, measuring around 4.5 trillion cubic feet (tcf) and now run by US energy firm Chevron (CVX.N). “Preliminary …

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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 …

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Five Chinese state-owned companies to delist from NYSE amid US tensions

SHANGHAI/HONG KONG, Aug 12 (Reuters) – Five Chinese state-owned companies, including oil giant Sinopec (600028.SS) and China Life Insurance (601628.SS), said on Friday they would delist from the New York Stock Exchange, amid economic and diplomatic tensions with the United States. The companies, which also include Aluminum Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and …

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US gasoline prices fall below $4 for first time since March

Gasoline demand has waned in the summer Lower-income households spending less as prices dip US retail price hit a record in June Aug 11 (Reuters) – The average price of US retail gasoline fell below $4 per gallon on Thursday for the first time in months, giving some relief to drivers in the world’s largest …

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