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Oil and Gas Refining

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  • *Saudi-led OPEC focus to remain, safeguarding market share. NEW YORK, Jan 23- U.S. crude fell modestly on Friday while global Brent gained support from market uncertainty over the future of Saudi oil production following King Abdullah bin Abdulaziz's death. Brent was up 30 cents at $48.82 by 11:20 a.m. EST, while U.S. crude fell 21 cents to $46.10.

  • Jan 21- Motiva Enterprises confirmed on Wednesday that maintenance activities had begun at its Port Arthur, Texas, refinery. The 600,250 barrel-per-day refinery, the largest in the United States, informed its neighbors about the scheduled work during the next several weeks, according to a message on a community information phone line on Wednesday.

  • Jan 21- Motiva Enterprises confirmed on Wednesday that maintenance activities had begun at its Port Arthur, Texas, refinery. The 600,250 barrel-per-day refinery, the largest in the United States, informed its neighbors about the scheduled work during the next several weeks, according to a message on a community information phone line on Wednesday.

  • DAVOS, Switzerland, Jan 21- Mexico's state oil company, Pemex, could be ready to start importing light crude from the United States within two to three months of eventual approval by U.S. authorities, the company's chief executive said on Wednesday. Pemex said earlier this month it had proposed an oil swap with the United States, potentially ushering in the first...

  • BEIJING/ YANGON, Jan 20- A crude oil pipeline and a deep sea port meant to secure an alternative route for Chinese imports overland through Myanmar are set to open at the end of January, but an affiliated refinery in China is months away from completion, sources said. The finished development should help ease China's reliance on shipments via the narrow and...

  • RIO DE JANEIRO, Jan 19- Three workers were seriously hurt in an explosion on Sunday at Petrobras' 323,000- barrel-a-day Landulpho Alves Refinery outside the northeastern city of Salvador, the second serious accident at Brazil's second-largest refinery in a week. The union will stage a wildcat protest strike until Tuesday morning, Cedro Silva, a director of...

  • *Workers suffered burns to 10-75 percent of bodies. RIO DE JANEIRO, Jan 19- Three workers were seriously hurt in an explosion on Sunday at Petrobras' 323,000- barrel-a-day Landulpho Alves Refinery outside Salvador, Brazil, the second serious accident at Brazil's second-largest refinery in a week. Petroleo Brasileiro SA, as state-run Petrobras is formally...

  • Enbridge Inc's Illinois- to-Oklahoma Flanagan South line, coupled with Enterprise Products Partners' Oklahoma-to-Texas Seaway Twin line, are delivering their first large-volume shipments to the biggest refinery market in the United States, most of which is built to handle viscous oil like that produced in Canada. "We are connected all the way from Canada to...

  • India oil imports from Iran jump sharply in 2014 Friday, 16 Jan 2015 | 12:33 AM ET

    *India's Iran imports rise to 276,800 bpd vs 195,600 bpd in 2013. NEW DELHI, Jan 16- India imported 42 percent more Iranian oil last year over 2013 levels as its refiners increased purchases to take advantage of an easing in sanctions targeting Tehran's nuclear programme. Iranian and U.S. officials are meeting in Geneva this week ahead of talks between Tehran and...

  • *Qatar could invest in energy, tourism, property sectors. DOHA, Jan 15- Qatar is considering funding projects in Venezuela, industry and diplomatic sources said, as the Latin American state lobbies fellow crude producers to help repair the damage done to its economy by plummeting oil revenues. Industry sources in Qatar said on Thursday the country was still...

  • TOKYO, Jan 14- Japan's Nikkei share average fell 1.7 percent on Wednesday as investors held back due to concerns over plunging oil prices. The Nikkei fell 291.75 points to 16,795.96, its lowest close since Dec. 17. Oil-related shares led the decline, with top refiner JX Holdings falling 4 percent in heavy trade and Showa Shell losing 2.8 percent.

  • HOUSTON, Jan 13- Royal Dutch Shell Plc said on Tuesday it received U.S. approval to export a very light form of crude oil that has undergone minimal processing. Shell had been working with the U.S. Department of Commerce's Bureau of Industry and Security on how to ship lightly processed condensate overseas without violating a decades-old crude export ban, the...

  • HOUSTON, Jan 13- Royal Dutch Shell Plc said on Tuesday it received U.S. approval to export a very light form of crude oil that has undergone minimal processing. Shell had been working with the U.S. Department of Commerce's Bureau of Industry and Security on how to ship lightly processed condensate overseas without violating a decades-old crude export ban, the...

  • HOUSTON, Jan 13- A worker has died from injuries sustained in a fall on Monday night at Citgo Petroleum Corp's Corpus Christi, Texas, refinery, said sources familiar with operations there. The man was working on the gasoline-producing 69,000- barrel-per-day Fluidic Catalytic Cracking Unit No. 2 at the 163,000 bpd refinery when he fell. The worker sustained...

  • HOUSTON, Jan 13- A worker has died from injuries sustained in a fall on Monday night at Citgo Petroleum Corp's Corpus Christi, Texas, refinery, said sources familiar with operations there. The employee was working on the gasoline-producing 69,000- barrel-per-day Fluidic Catalytic Cracking Unit No. 2 at the 163,000 bpd refinery when he fell.

  • --Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, Jan 13- The rise in China's imports of crude oil above 7 million barrels per day for the first time looks impressive, but is it likely to be sustained? In a rare announcement, China said on Nov. 20 it had filled the first phase of its strategic petroleum reserve, which holds about 91 million barrels, enough for...

  • WASHINGTON, Jan 12- The U.S. Senate advanced a bill on Monday to approve the Keystone XL oil pipeline as Republicans, who have made the project their first priority of the year, try to line up enough votes to overcome a potential veto by President Barack Obama. Backers of TransCanada Corp's project also have 63 supporters, including all 54 Republicans, to take...

  • Goldman cuts 3- month Brent forecast to $42 from $80. NEW YORK, Jan 12- Oil fell 5 percent to its lowest in nearly six years on Monday, extending the second-deepest rout on record, after Goldman Sachs warned that prices would fall further and Gulf oil producers showed no sign of cutting output. "I figured we'd see $40 in the near term, but everything seems to be happening...

  • Goldman cuts 3- month Brent forecast to $42 from $80. "I figured we'd see $40 in the near term, but everything seems to be happening quicker than expected," Tariq Zahir of Tyche Capital Advisors. The bank cut its three-month forecasts for Brent to $42 a barrel from $80 and for the U.S. futures contract to $41 from $70.

  • WASHINGTON, Jan 12- The Senate will start debate on Monday on a bill to approve the Keystone XL oil pipeline as Republicans, who have made the project their first priority of the year, try to line up enough votes to overcome a potential veto by President Barack Obama. Senator John Hoeven of North Dakota, a co-sponsor of the bill to approve TransCanada Corp's pipeline,...