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Oil and Gas Refining

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  • Iran, world powers to meet in Vienna for nuclear talks. *UK to reopen Iran embassy in diplomatic breakthrough. NEW YORK, June 17- Brent oil held steady above $113 per barrel on Tuesday and U.S. crude weakened slightly as fears over oil supply disruptions from Iraq offset thawing relations between Iran and the West.

  • Iran, world powers to meet in Vienna for nuclear talks. *Iraq's main refinery shuts down. NEW YORK, June 17- Brent oil held steady above $113 per barrel on Tuesday as fears that violence in Iraq could hit exports offset thawing relations between Iran and the West that could boost that nation's output.

  • FACTBOX-Iraq's oil exports, key oil facilities Tuesday, 17 Jun 2014 | 10:35 AM ET

    June 17- Iraq's oil exports, confined to its southern terminals, have not so far been affected by escalating violence in the north, where an export pipeline has been out of action since March.

  • *Iraq's main refinery shuts down. LONDON, June 17- Oil was steady at around $113 per barrel on Tuesday, as signs of a thaw in relations between Iran and the West offset fears that Iraqi exports could be hit by spreading violence in OPEC's second-biggest oil exporter.

  • Iraq postpones bidding for Nassiriya oil project Tuesday, 17 Jun 2014 | 8:19 AM ET

    BAGHDAD, June 17- Iraq's oil ministry has again delayed an international tendering for the development of its 4 billion-barrel Nassiriya oil field and the construction of an associated 300,000 barrel a day refinery, the Iraqi oil ministry said on Tuesday.

  • Iran, world powers to meet in Vienna for nuclear talks. *UK to re-open embassy in Iran. LONDON, June 17- Oil futures fell towards $112 per barrel on Tuesday, pressured by signs of a thaw in relations between Iran and the West although market players saw scope for gains if violence in Iraq threatened production from OPEC's second-biggest producer.

  • TIKRIT, Iraq, June 17- Iraq's biggest oil refinery, Baiji, has been shut down and its foreign staff evacuated, refinery officials said on Tuesday, adding that local staff remain in place and the military is still in control of the facility.

  • TIKRIT, Iraq, June 17- Iraq's biggest oil refinery, Baiji, has been shut down and its foreign staff evacuated, refinery officials said on Tuesday, adding that local staff remain in place and the military is still in control of the facility.

  • NEW DELHI, June 17- India imported 13.5 percent more Iranian oil in May compared with April as the country's biggest refiner Indian Oil Corp bought crude from Tehran after a three-month break, tanker data obtained from trade sources showed.

  • A dozen former BNP insiders and senior trading executives said it had in recent months handed over a host of documents relating to its oil dealings with Sudan and Iran, including details on trading houses' and oil majors' involvement in the trades.

  • LONDON, June 16- Venezuela wants to increase oil supplies to the United States to regain some of the market share it lost over the past decade as Caracas sees the U.S. boom in light oil from shale as a chance to raise heavy-crude exports, the country's oil minister said.

  • NEW YORK, June 16- A new chapter in the North American oil revolution is about to open on the Texas coast, with two major pipelines poised this summer to deliver an unprecedented influx of heavy Canadian crude to U.S. refineries- and potentially beyond.

  • *Sunni Islamists solidify grip on northern Iraq. LONDON, June 16- Brent crude rose towards $113 a barrel on Monday after a strong rally last week, as Sunni insurgents advanced in Iraq, intensifying concerns over a potential disruption to oil exports from the second-largest OPEC producer.

  • *Sunni Islamists solidify grip on northern Iraq. SINGAPORE, June 16- Brent crude rose to a near nine-month high above $113 per barrel on Monday as Sunni insurgents advanced in Iraq, intensifying concerns over a potential disruption to oil exports from the second-largest OPEC producer.

  • *Sunni Islamists solidify grip on northern Iraq. SINGAPORE, June 16- Brent crude rose above $113 per barrel to near a nine-month high on Monday as Sunni insurgents advanced in Iraq, intensifies concerns over a potential disruption to oil exports from the second-largest OPEC producer.

  • *Jihadists push to Baghdad; Obama rules out ground troops. NEW YORK, June 13- Crude oil prices rose to new nine-month highs on Friday as concerns persisted that an insurgency in Iraq could disrupt oil exports from the second-largest OPEC producer.

  • NEW YORK/ LONDON, June 13- The sudden eruption of an al Qaeda- linked militant insurgency in northern Iraq this week triggered the biggest oil price spike in almost a year, as traders feared a civil war that might also draw in oil-rich neighbors.

  • UPDATE 8-Oil climbs amid escalating conflict in Iraq Friday, 13 Jun 2014 | 2:14 PM ET

    *IEA plays down risk of sudden Iraq export hit. NEW YORK, June 13- Oil prices rose to new nine-month highs on Friday as concerns persisted that an insurgency in Iraq could disrupt oil exports from the second-largest OPEC producer.

  • *Obama warns of U.S. action as jihadists push on Baghdad. SINGAPORE, June 13- Brent crude climbed to a nine-month high near $115 a barrel on Friday, as supply disruption fears took centre stage after the United States threatened military action in Iraq against Sunni Islamist militants who are pushing on towards Baghdad.

  • BEIJING, June 13- China's implied oil demand fell 3.1 percent in May from the previous month to its lowest since August as refineries scaled back production for maintenance and continued to export surplus fuel to trim inventories as the nation's economy slowed.