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Oil and Gas Refining

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  • TOKYO, July 10- U.S. crude oil fell below $102 on Thursday, to trade at its lowest level in more than a month, on wavering demand for gasoline and projections for rising supplies from OPEC member Libya. *U.S. crude futures for August delivery fell 32 cents to $101.97 a barrel by 0002 GMT, after earlier trading as low as $101.72- the lowest level since June 5.

  • DUBAI, July 9- Saudi Arabia produced 9.780 million barrels per day of crude oil in June, up from 9.705 million bpd in May, an industry source familiar with the matter said on Wednesday. The world's largest oil exporter and OPEC heavyweight supplied 9.745 million bpd to the market, the source said.

  • *Libya reaches deal with rebels to reopen oil ports. LONDON, July 3- Brent crude futures fell below $111 a barrel on Thursday as supply fears began to ease after Libya declared an end to an oil crisis that has slashed exports from the OPEC member. The question now is how long it will take for flows to come out, "said Ole Hansen, senior commodity strategist at Saxo Bank.

  • *Libya deal with rebels may make 500,000 bpd available for exports. SINGAPORE, July 3- Brent futures dipped below $111 a barrel on Thursday as supply fears eased after Libya declared an end to an oil crisis that has cut exports from the OPEC member to a trickle, although declines will be capped by concerns over Iraq.

  • *Libya deal with rebels may make 500,000 bpd available for exports. SINGAPORE, July 3- Brent futures dipped towards $111 a barrel on Thursday as supply fears eased after Libya declared an end to an oil crisis that has cut exports from the OPEC member to a trickle, although declines will be capped by concerns over Iraq.

  • *Libya deal with rebels may make 500,000 bpd available for exports. SINGAPORE, July 3- Brent futures dipped below $111 a barrel on Thursday as supply fears eased after Libya declared an end to an oil crisis that has cut exports from the OPEC member to a trickle, although declines will be capped by concerns over Iraq.

  • WASHINGTON, July 2- Two senators on Wednesday asked the U.S. Commerce Department to explain why it approved exports of a form of super-light oil known as condensate, saying the action may have violated the decades-long ban on U.S. crude oil exports.

  • *But concerns over Iraq and Ukraine underpin prices. LONDON, July 1- Brent oil held above $112 per barrel on Tuesday as investors took heart from upbeat manufacturing data in China while ongoing tensions in Iraq and Ukraine underpinned supply concerns.

  • Philly Tankers AS, majority-owned by Aker Philadelphia Shipyard is building four ships on spec, and Seabulk Tankers Inc, an indirect wholly-owned subsidiary of SEACOR Holdings Inc, is building another two.

  • *OPEC oil output slips in June on Iraq, averages 29.93 mln bpd. *Iraq, Ukraine crises push up oil price forecasts.

  • *OPEC oil output slips in June on Iraq, averages 29.93 mln bpd. *Iraq, Ukraine crises push up oil price forecasts.

  • WASHINGTON, June 30- A handful of small refineries in North Dakota could remove dangerous gas from oil train cargoes and make shipments from the state's productive Bakken shale area safer on the tracks, according to a company which has pitched the idea to regulators.

  • OPEC oil output slips in June on Iraq Monday, 30 Jun 2014 | 11:50 AM ET

    *OPEC output back below supply target of 30 million bpd. The slight decline underlines how unrest and outages in the Middle East and Africa are taking their toll on OPEC supply, just as the International Energy Agency is highlighting a greater need for OPEC oil in the rest of the year. 1/ 8 D: nL5N0OU1KF 3/ 8.

  • *Iraq sends tanks, armoured vehicles to dislodge insurgents from Tikrit. SINGAPORE, June 30- Brent futures dipped towards $113 a barrel on Monday, adding to last week's fall as fears of a disruption to supplies from Iraq eased after government forces launched a pushback against a Sunni militant takeover of large areas of the country.

  • NEW YORK, June 30- After decades of isolation, the United States is set to become a major player in the global trade of ultra light oil as recent government export approvals attract interest across the world.

  • Texas- based companies Pioneer Natural Resources and Enterprise Product Partners had sought clarity from the government over whether stabilized condensate could be exported as a petroleum product without a special license, which is needed to export unprocessed domestic crude.

  • NEW YORK, June 27- Independent refiner PBF Holding Company LLC will terminate the crude oil supply agreement with Morgan Stanley Capital Group for its Toledo, Ohio, refinery, effective July 31, the company said in a filing with the Securities and Exchange Commission on Friday.

  • WASHINGTON, June 27- Quantum Energy Inc, a U.S. energy venture, intends to build a network of "micro refineries" that would produce fuel fit for export, an executive said on Friday.

  • *Worries over risks to Iraq supply ease, traders say. *Libya loads 600,000- bbl tanker for Italy. NEW YORK, June 27- Brent crude oil was little changed in choppy trading on Friday as investors moved to square positions following one of the international benchmark's biggest weekly falls this year due to reduced concerns over exports from strife-torn Iraq.

  • *Worries over risks to Iraq supply ease, traders say. *Libya loads 600,000- bbl tanker for Italy. NEW YORK, June 27- Brent crude oil was little changed in choppy trading on Friday as investors moved to square positions after Brent posted one of its biggest weekly falls this year due to reduced concerns over exports from strife-torn Iraq.