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21-30 results from 1000 for query «crude»

October 12, 2018 4:40 AM China's September crude imports mark highest in four months

BEIJING (Reuters) - China’s daily crude oil imports in September hit their highest level since May, customs data showed on Friday, as independent refiners looked to shore up their inventory ahead of winter. Shipments into the country last month stood at 37.12 million tonnes, or 9.05 million barrels per day (bpd), up from 9.04 million bpd in August and marking 52

October 9, 2018 11:41 PM LOOP suspends operations at Marine Terminal ahead of Hurricane Michael

(Reuters) - The Louisiana Offshore Oil Port (LOOP) on Tuesday said it has suspended operations at its marine terminal ahead of Hurricane Michael. “There are no other interruptions in receipts or deliveries at the Clovelly Hub,” the company said on its website. Oil producers - including Anadarko Petroleum Corp (APC.N), BHP Billiton (BLT.L), BP (BP.L) and Chevron 47

October 9, 2018 7:22 PM Big Oil’s Bet on Natural Gas Is a Slow Burn

Exxon and Shell are among the companies planning big new investments in liquefied natural gas Big Oil is betting on natural gas as the fuel of the future, but companies face a challenge to show they can make as much money producing and selling cargoes of gas as they could from tankers of crude. Last week, Royal Dutch Shell PLC announced a liquefied natural 86

October 8, 2018 9:25 AM Storm Michael expected to hit Florida as a hurricane midweek

(Reuters) - Tropical Storm Michael is on track to hit the Florida Panhandle midweek as a Category 2 hurricane packing 100 miles per hour (160 kmh) or stronger winds, the U.S. National Hurricane Center (NHC) said early Monday in an advisory. The tropical storm is expected to swell into a Category 1 hurricane as soon as Monday night or early Tuesday as it rolls 68

October 5, 2018 10:06 PM U.S. actively considering waivers on Iran oil sanctions

WASHINGTON (Reuters) - The Trump administration is actively considering waivers on sanctions it will reimpose next month for countries that are reducing their imports of Iranian oil, a U.S. government official said on Friday. The administration withdrew from a deal over Tehran’s nuclear program in May and is unilaterally reimposing sanctions on Iran’s 56

October 3, 2018 4:51 PM Merger talks started in spring between Canadian oil companies Husky, MEG

WINNIPEG, Manitoba (Reuters) - Canadian oil companies Husky Energy Inc (HSE.TO) and MEG Energy Corp (MEG.TO) discussed a possible merger for months, and one major MEG shareholder expressed interest early, before Husky was rebuffed and launched a hostile bid this week, according to a Husky filing. Husky, controlled by Hong Kong tycoon Li Ka Shing, announced 64

October 3, 2018 8:09 AM President Trump Says Saudi King Wouldn't Survive 'Two Weeks' Without U.S. Backing

(DUBAI, United Arab Emirates) — President Donald Trump says Saudi Arabia’s king “might not be there for two weeks” without U.S. military support, as he sought to pressure the close American ally over rising oil prices. Speaking at a campaign rally Tuesday night in Mississippi, Trump said: “I love the king, King Salman, but I said, ‘King, we’re protecting 39

October 1, 2018 2:15 PM Husky sees MEG as potential 'hand-in-glove' Canada oil sands merger

WINNIPEG, Manitoba (Reuters) - Husky Energy Inc’s (HSE.TO) hostile bid for MEG Energy Corp (MEG.TO) reflects the need for Canadian oil companies to own integrated assets, from production to refineries, to manage the deep price discounts on Canadian crude, Husky’s chief executive said on Monday. Husky’s cash and stock offer, announced on Sunday, would 62

September 30, 2018 8:24 PM Canada's Husky Energy offers to buy MEG Energy in $5 billion deal

(Reuters) - Canadian oil and gas producer Husky Energy Inc (HSE.TO) said on Sunday it has offered to acquire rival MEG Energy Corp (MEG.TO) in a deal valued at C$6.4 billion ($5 billion) including debt. The combined company will have total production of more than 410,000 barrels of oil equivalent per day (boepd) and refining and upgrading capacity of about 73

September 24, 2018 11:13 AM Oil Producers Won’t Hike Output Soon, Putting a Floor on Oil Price

OPEC members and non-OPEC countries meeting in Algiers weigh approach once sanctions on Iran take effect in November ALGIERS, Algeria—OPEC producers largely agree that oil prices above $80 a barrel would be too high. But there is widespread disagreement on how the cartel and its allies should contain crude prices once U.S. sanctions banning Iranian oil sales 37