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Oil and Gas Refining

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  • Chevron is especially opposed to a part of the bill, known as AB 32, that starting next year would require all California distributors of transportation fuels to purchase carbon permits to cover emissions from automobiles, a cost the Boston Consulting Group, in a study on behalf of the oil industry, estimates could exceed $3.7 billion.

  • NEW YORK, March 12- New York's Albany County on Wednesday issued a moratorium on the expansion of crude oil processing in the Port of Albany, pending a public health investigation.

  • WASHINGTON, March 12- The United States will hold the first test sale of crude from its emergency oil stockpile since 1990, offering a modest 5 million barrels in what some observers saw as a subtle message to Russia from the Obama administration.

  • *Copper's fall compounds concerns over China slowdown. NEW YORK, March 12- U.S. crude oil fell by more than 2 percent on Wednesday, its biggest drop in two months, after the United States announced unexpected plans for a "test" release of strategic oil reserves while weekly data showed a big rise in crude stockpiles.

  • *Asian stocks lose ground on economic worries, Ukraine. *Ukraine appeals to West as Crimea turns to Russia. SINGAPORE, March 12- Brent futures fell towards $108 a barrel on Wednesday as concerns about weak demand growth in the world's two biggest oil consumers overshadowed fears of supply disruption amid worsening geopolitical tensions over Ukraine.

  • *Asian stocks lose ground on economic worries, Ukraine. *Ukraine appeals to West as Crimea turns to Russia. SINGAPORE, March 12- Brent futures fell towards $108 a barrel on Wednesday as concerns about weak demand growth at the world's two biggest oil consumers overshadowed fears of supply disruption amid worsening geopolitical tensions over Ukraine.

  • *Asian stocks lose ground on economic uncertainty, Ukraine tensions. *Ukraine appeals to West as Crimea turns to Russia. SINGAPORE, March 12- Brent futures fell towards $108 a barrel on Wednesday as demand growth concerns at the world's two biggest oil consumers overshadowed fears of supply disruption with geopolitical tensions over Ukraine worsening.

  • WASHINGTON, March 11- Four U.S. oil refiners, trying to counter growing calls to lift the nation's ban on most crude oil exports, have launched the first major lobbying effort to keep abundant U.S. oil supplies from being sold overseas.

  • NEW DELHI, March 11- India has to cut its Iranian oil imports by nearly two-thirds from the first quarter after the United States asked it to hold the shipments at end-2013 levels, in keeping with the nuclear deal easing sanctions on Tehran, Indian government sources said.

  • SINGAPORE, March 11- Brent futures recovered on Tuesday and held above $108 a barrel as a worsening crisis over Ukraine stoked supply disruption fears, while concerns over demand growth from the world's two biggest oil consumers kept prices under pressure.

  • SINGAPORE, March 11- Brent futures were steady on Tuesday and held near $108 a barrel as a worsening crisis over Ukraine stoked supply disruption fears, while concerns over demand growth from the world's two biggest oil consumers kept prices under pressure.

  • --Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, March 11- The reaction of commodities to the Chinese trade data show that sentiment and fundamentals are diverging, with the fear trade winning so far.

  • SINGAPORE, March 11- Brent futures were steady on Tuesday and held above $108 a barrel as a worsening crisis over Ukraine stoked supply disruption fears, while concerns over demand growth from the world's two biggest oil consumers kept a lid on gains.

  • LONDON, March 10- Oil slipped below $108 a barrel on Monday as an unexpected fall in China's exports stoked fears of a slowdown in the world's No. 2 economy, though geopolitical tensions in Ukraine and Libya limited the decline.

  • *China Feb exports tumble unexpectedly, heighten slowdown fears. SINGAPORE, March 10- Brent futures slipped below $108 a barrel on Monday as data showing an unexpected fall in China's exports added to fears of a slowdown in the world's No. 2 economy, though geopolitical tensions in Ukraine and Libya limited the decline.

  • *China Feb exports tumble unexpectedly, heighten slowdown fears. SINGAPORE, March 10- Brent futures slipped towards $108 a barrel on Monday as data showing an unexpected fall in China's exports added to fears of a slowdown in the world's No. 2 economy, though geopolitical tensions in Ukraine and Libya limited the decline.

  • *First speech ever by an EPA head at CERAWeek. McCarthy's speech in Houston to IHS CERAWeek, the largest meeting of energy executives in the world, was the first by an EPA administrator since the conference began 33 years ago.

  • *West, Russia to continue Ukraine talks, says U.S. SINGAPORE, March 6- Brent crude held steady just below $108 a barrel on Thursday, as investors looked for direction after a heavy sell-off in the two previous sessions prompted by easing geopolitical risk over the crisis in Ukraine and U.S. data suggesting weaker oil demand.

  • SEOUL, March 6- U.S. crude oil futures retreated to below $101 a barrel on Thursday in early Asian trade on expected weak demand during refinery maintenance season in the United States and Europe, while geopolitical risks over Ukraine eased.

  • *Ukraine crisis may require rethink of gas export process- Moniz. HOUSTON, March 5- The U.S. oil industry needs to make a better case for lifting the decades-old ban on crude exports, especially as the country still relies on millions of barrels of foreign oil, U.S. Energy Secretary Ernest Moniz said on Wednesday.