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COLUMN-Shale estimates cement shift from oil to gas: Kemp
ReutersBy John Kemp LONDON, June 11 (Reuters) - The shale revolution is likely to have a far bigger effect on the global gas market than on oil supplies, entrenching the long-term price advantage of gas, according to new data from the Energy Information...Tags: Commodity Markets, Energy Resources, Conservation, Environmental Issues, Petroleum Industry
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Brent holds under $104 on rising supply, weaker China demand
Reuters* Reuters poll shows increase in U.S. crude stockpiles * Weaker Chinese economy continues to weigh on oil prices * North Sea Buzzard oil field ramps back up to full capacity * South Sudan oil shipments continue despite row with Sudan PERTH, June 11...Tags: International Energy, Sudan, Energy Resources, Consumers, Polls
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Most U.S. cash crude differentials weaker as arbitrage narrows
Reuters* Crude futures settle lower, weak China data pressures * Brent/U.S. crude spread narrows after seesawing NEW YORK, June 10 (Reuters) - Most cash crude differentials in the United States weakened on Monday as oil futures eased and the trans-Atlantic...Tags: BP Plc, Securities, Joliet, China, Petroleum Industry
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US WCoast Products - Gasoline slides on restarts
ReutersHOUSTON, June 10 (Reuters) - June-delivery CARBOB gasoline fell 7 cents a gallon on Monday in the Los Angeles market after Exxon Mobil Corp said its Los Angeles refinery had returned to normal operations after a May 30 power disruption, traders said....Tags: Exxon Mobil Corporation, Petroleum Industry, Diesel Fuel, Kerosene
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U.S. says deplores Sudan's decision to shut oil pipeline
ReutersWASHINGTON, June 10 (Reuters) - The U.S. State Department said on Monday it deplored Sudan's decision to shut down a cross-border pipeline transporting oil from South Sudan and called on Khartoum to reconsider. "We deplore this action and urge Sudan to...Tags: Sudan, U.S. Department of State
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Imperial Oil reports planned work at Alberta refinery
ReutersJune 10 (Reuters) - Imperial Oil Ltd reported planned maintenance continued at its 187,000 barrel-per-day Strathcona refinery in Alberta, according to a message posted on a community information telephone line on Monday. The company reported planned...Tags: Imperial Oil Limited
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COLUMN-Time and money, rebuilding oil's global supply chain: Kemp
ReutersBy John Kemp LONDON, June 10 (Reuters) - Lack of specialist equipment and skilled personnel have been the biggest barriers to raising the supply of oil over the last decade, contributing to the steady escalation in prices. Exploration and production (E&...Tags: Peter Voser, Employees, Energy Resources, Saudi Arabia, Career and Workplace
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Syncrude shuts down coker for 50 days of maintenance work
ReutersCALGARY, Alberta, June 10 (Reuters) - Canadian Oil Sands Ltd , the largest shareholder in Syncrude Canada Ltd, said on Monday that a coker at the northern Alberta oil sands project would be shut for maintenance for the next 50 days. The company said work...Tags: Imperial Oil Limited, Suncor Energy Incorporated
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INSIGHT-Ethanol lobby sees red over a yellow gas hose in Kansas
ReutersBy Cezary Podkul NEW YORK, June 10 (Reuters) - At a handful of gas stations in eastern Kansas, the intensifying fight between major oil refiners and the ethanol industry over the future of America's fuel supply has found a new focus: the color of the gas...Tags: Chevron Corportion, AAA, Auto Racing, Stock Car Racing, Car Safety Tips and Advice
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