LONDON/DUBAI (Reuters) – Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said.
NEW YORK (Reuters) – Five Republican senators on Monday called on President Donald Trump to temporarily halt the use of biofuels policy waivers for small oil refineries, after reports the Environmental Protection Agency had issued a recent wave of such exemptions.
NEW YORK (Reuters) – The Trump administration will delay any moves to reform the nation’s biofuel policy for about three months, according to three sources briefed on the matter – a decision one of the sources said was meant to shield farmers worried about a potential trade war with China.
DUBAI/SINGAPORE/BEIJING (Reuters) – Rising Russian and U.S. competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift toward independent refiners and newcomers to the business.
HOUSTON (Reuters) – A Carlyle Group $1 billion deepwater crude export project faces a delay of up to 18 months after regulators called for a full environmental review, officials said, a setback in the private equity firm’s race to be first to open a new deepwater, U.S. Gulf Coast export hub.
(Reuters) – New York energy company Consolidated Edison Inc said on Friday it still plans to impose a moratorium on new natural gas service in parts of Westchester County after March 15 despite a $250 million plan by the state to reduce energy usage.
MOSCOW (Reuters) – Leonid Mikhelson, chief executive of Russian gas giant Novatek, said on Sunday…
BAKU (Reuters) – OPEC Secretary General Mohammad Barkindo said on Sunday that compliance with a supply cut agreement between OPEC and non-OPEC members was improving, and that this would help the oil market to weather through the build up of oil inventories.
BIG SPRING, Texas (Reuters) – Mike Christensen strides among rows of gleaming steel tanks, pointing to pipelines that arrive from miles around to this corner of former farmland near Midland, Texas, the heart of the largest oil patch in the United States.
NEW YORK (Reuters) – Oil prices rose to near four-month highs on Monday, supported by the prospect of extended OPEC-led oil supply curbs and signs of inventory declines in U.S. crude stockpiles.
WASHINGTON (Reuters) – The White House is planning a meeting next week between President Donald Trump and senior leaders of major U.S. and foreign automakers to discuss planned fuel efficiency rule changes through 2026, automakers and administration officials said on Wednesday.
SINGAPORE/BAGHDAD/TRIPOLI (Reuters) – At least two tankers have ferried Iranian fuel oil to Asia in recent months despite U.S. sanctions against such shipments, according to a Reuters analysis of ship-tracking data and port information, as well as interviews with brokers and traders.