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Colorado Oil Tank Fire Kills One, Injures Three
Friday, May 26, 2017 A blaze engulfed a Colorado oil tank battery on Thursday, killing one worker and injuring three, authorities said.

Renewable Energy Sector Added Jobs during Downturn
Friday, May 26, 2017 A new report from the International Renewable Energy Agency found that despite a tough oil and gas climate, jobs in renewables increased in 2016.

No New Demand, More Supply Leaves Spot Price Languishing
Friday, May 26, 2017 Asian LNG spot prices have fallen due to a lack of significant new demand from the Middle East and others as supplies emerged from Papua New Guinea, Angola, Abu Dhabi and Russia.

OPEC Oil Cut Extension Renews Asia's Crude Supply Worries
Friday, May 26, 2017 In physical markets, where tankers can take weeks or months to deliver crude oil, refiners want to know if they will be forced to search for new suppliers.

Saudi Aramco to Spend $18B on Growth in the Americas -Motiva
Friday, May 26, 2017 Motiva called the $18 billion estimate "a general framework of opportunities."

Electric Cars Seen Cheaper Than Gasoline Models Within a Decade
Friday, May 26, 2017 Now research from Bloomberg New Energy Finance indicates that falling battery costs will mean electric vehicles will also be cheaper to buy in the U.S. and Europe as soon as 2025.

Uganda, Tanzania Sign Deal for World's Longest Heated Pipeline
Friday, May 26, 2017 The framework agreement is a a key milestone for the project, which is expected to start pumping Ugandan oil to international markets in three years

Kinder Commits to Pipe Linking Oil-Sands Crude to Asian Markets
Friday, May 26, 2017 The Houston-based company announced its final investment decision for the Trans Mountain expansion project Thursday.

China's Teapot Refiners Set to Slow Crude Imports as Tanks Overflow
Friday, May 26, 2017 The move by China's so-called "teapots", a key driver of the country's crude appetite, will stir concerns about demand in the world's top oil buyer.

Gas Shipper Flex LNG Signs Deals to Buy Six New Vessels
Friday, May 26, 2017 The Oslo-listed company is betting on increasing fuel demand from Britain and other countries, its chief executive told Reuters.

A Tiny Island Off Singapore May Hold Keys to Energy's Future
Thursday, May 25, 2017 A hydrogen-based energy storage system costs about 10 times more than a diesel back-up generator with similar power output, according to Toshiba Corp.

Big Drop in US Oil Stocks Finally on the Way, Traders Say
Thursday, May 25, 2017 A reduction would show the market is finally reversing course after years of stock builds that left a worldwide overhang of half a billion barrels of crude oil and refined products.

Green Power Broker to Set British Columbia's Course Next Week
Thursday, May 25, 2017 Andrew Weaver has said Kinder Morgan's pipeline has "no place on our coast" and has dismissed LNG development efforts.

US Weather Forecasters Predict Above-normal Hurricane Season
Thursday, May 25, 2017 NOAA will update its outlook again in August, just before the peak storm season.

South Africa Wants Sinopec to Retain Refinery Capacity
Thursday, May 25, 2017 Sinopec will pay almost $1 billion for a 75 percent stake in Chevron's South African assets and its subsidiary in Botswana to secure its first major refinery in Africa, the companies announced in March.

OMV, ADNOC Agree to Explore Opportunities for Cooperation
Thursday, May 25, 2017 The companies agreed to evaluate refinery-petrochemical integration and other opportunities.

Venezuela's Secret Plot to Sell Banned Syrian Oil in US Market
Thursday, May 25, 2017 The plan reportedly aimed to sell discounted Syrian oil to Venezuela through a Russian shell company, which would send it to Aruba for refining and distribution to US gas stations.

Syncrude Oil Sands Project to Further Cut Shipments -Source
Thursday, May 25, 2017 Trading volumes are currently thin in the Canadian crude market as the trading "window," lasting from the first of the month until the day before pipelines nominations are due, closed last week.

Kemp: US Freight Recovery Spurs Diesel Demand
Thursday, May 25, 2017 U.S. freight movements have started increasing again, which should help boost consumption of distillate fuel oil in 2017 and 2018.

BLOG: Rigzone's Downstream Coverage Starts New Chapter
Wednesday, May 24, 2017 A new chapter begins for Rigzone's downstream coverage.

U.S. Plan to Sell Oil Reserve Shows Declining Import Needs
Wednesday, May 24, 2017 Congress can reject the White House's plan.

Icahn Reaps $60 Million Windfall as Trump Regulations Adviser
Wednesday, May 24, 2017 Icahn's windfall results from potential changes in the George W. Bush-era law known as the Renewable Fuel Standard.

India's Mahindra to Build Long-range Electric Vehicles
Wednesday, May 24, 2017 Indian automaker Mahindra & Mahindra seeks to boost green car sales, senior company executives said on Wednesday.

Kuwait National Petroleum Signs $6.25B Loan for Clean Fuels Project
Wednesday, May 24, 2017 KNPC has signed a $6.25 billion loan with international lenders and export credit agencies to finance its planned clean fuels project, the company announced.

Kuwait's KNPC Plans $1.3B Oil Products Storage Plant
Wednesday, May 24, 2017 KNPC might build a large storage plant for oil products at a cost of 400 million Kuwaiti dinars ($1.32 billion), its chief executive said.

Saudi Aramco Plans Up to $30B Investment in Motiva by 2023
Wednesday, May 24, 2017 Motiva's Port Arthur facility is already the largest refinery in the United States.

EP Energy, Tesoro Form Drilling JV in Utah's Uinta Basin
Wednesday, May 24, 2017 Tesoro will buy all the oil produced from the wells and provide capital for a 50 percent stake in EP Energy's working interest in the wells.

Billionaire Ratcliffe Hunts Oil to Repeat Chemicals Empire Build
Wednesday, May 24, 2017 The deal to buy assets from Dong Energy A/S for more than $1 billion follows the purchase of a pipeline system from BP Plc that carries crude used to price more than half the world's oil.

Iran Buys Pipes for Oil Sector in $615M Deal with Spain's Tubacex
Wednesday, May 24, 2017 The deal will lead to the production of 600 kilometers of pipe.

China's Sinopec Starts Building Nation's Largest Gas Storage Site
Wednesday, May 24, 2017 The storage facility will be connected to pipelines and supply gas to central China, Beijing and Tianjin.

ChemChina and Sinochem Press $120B Deal - Sources
Tuesday, May 23, 2017 A deal reportedly could be announced by the end of the year, four people with knowledge of the negotiations said.

Nigeria Activist Group Calls For Progress On Small-Scale Oil Refineries
Tuesday, May 23, 2017 An activist group in Nigeria's oil-rich Delta region calls for the government to advance plans to allow illicit bush refineries to be converted into legal operations.

Woodside Sees Output Growing 15 Pct Over Next Three Years
Tuesday, May 23, 2017 After 2020, output will grow further with the expansion of its Pluto LNG project in Australia.

China April LNG Imports Up 15.6 Pct on Year -Customs
Tuesday, May 23, 2017 China's imports of LNG posted the first year on year gain in four months, customs figures showed.

Fuel Theft Report Exposes '800-pound Gorilla'
Tuesday, May 23, 2017 Multibillion-dollar illicit fuel trade a global problem, says author of refined oil theft study.

Russia Beats Saudi As Top China Oil Supplier for Second Month
Tuesday, May 23, 2017 Russia has kept its top spot as oil supplier to China.

Trump Budget Would Sell Entire US Northeast Gasoline Reserve
Tuesday, May 23, 2017 The Trump administration is proposing to sell off in the coming fiscal year the entire gasoline reserve created in the aftermath of Hurricane Sandy, according to its budget proposal unveiled on Tuesday.

Shell Shareholders Reject Emissions Target Proposal
Tuesday, May 23, 2017 The vote is a setback for climate activists who are increasing pressure on global oil companies.

Trump Proposes Selling Off Half US Strategic Oil Reserve
Tuesday, May 23, 2017 The White House plan to trim the national debt includes selling off half of the nation's emergency oil stockpile, part of a broad series of changes proposed by President Trump.

Venezuela Oil Executive Arrested in Corruption Probe
Tuesday, May 23, 2017 Venezuela has arrested the manager of the Petropiar heavy crude upgrader, owned by state oil company PDVSA and U.S. major Chevron Corp.

Carlyle Battles Insurers in New York Over Moroccan Oil Losses
Monday, May 22, 2017 Carlyle Group is suing a group of its insurers over $400 million worth of oil it claims it lost when Morocco's sole refinery went bankrupt two years ago, court documents show.

Where Did Top Downstream Execs Go To College?
Monday, May 22, 2017 Check out the educational routes some top downstream execs took to launch their careers.

China Says Will Eventually Allow Private Companies To Invest In Oil Storage
Monday, May 22, 2017 China will eventually allow private companies to invest in the country's oil and gas storage, the government said in a blueprint document for its energy sector.

After Merger, Refiner Delek to Lay Off Staff in Texas
Monday, May 22, 2017 Delek will cut almost 100 Dallas workers after its merger with Alon is completed.

Asia Oil Refinery Delays Favor Producer Case for Extending Output Cuts
Monday, May 22, 2017 Energy consultants Wood Mackenzie now expect a net refinery capacity addition in Asia of 360,000 bpd, down from a forecast of 450,000 bpd in December.

Glencore Predicts OPEC Insulated From Electric Vehicle Impact
Monday, May 22, 2017 Glencore is among the mining companies that anticipate electric vehicles could have a much earlier impact than previously thought.

India Moving Beyond Oil As Seeks Alternatives to OPEC
Monday, May 22, 2017 India's petroleum and natural gas minister made the comments in Vienna ahead of OPEC's meeting this Thursday.

Japan to Set Up Venture to Expand Hydrogen Station Network
Monday, May 22, 2017 Japan is betting heavily on becoming a "hydrogen society" despite the high costs and technical difficulties.

China Love for US Gas Begins as Trump Rolls Out Red Carpet
Monday, May 22, 2017 Let the gushing begin.

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