Frontline buys 10 oil tankers from Trafigura for $675 mln  ReutersFrontline will buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up to $675 million, and may buy a further four vessels later, the two ... Read more https:// …

U.S. Stocks Erase Losses as Banks Jump; Bonds Fall: Markets Wrap  Yahoo Finance(Bloomberg) -- A rally in banks lifted U.S. stocks, while Treasuries fell after Federal Reserve officials cast doubt on further rate cuts.Financials stocks led gains i …

Russia's tax period, rising oil prices help rouble recover  Reuters AfricaThe Russian rouble strengthened on Thursday, moving away from a six-month low against the U.S. dollar reached earlier this week, as oil prices edged up and ... Read more ht …

UPDATE 1-Exxon says production shut at Hibernia oil platform after...  Reuters(Adds details of size of spill, cause of problem). Aug 19 (Reuters) - Production is shut down at the 220,000-barrel-per-day Hibernia oil platform off the coast of ... R …

UPDATE 1-Exxon says production shut at Hibernia oil platform after power outage  Reuters(Adds details of size of spill, cause of problem). Aug 19 (Reuters) - Production is shut down at the 220,000-barrel-per-day Hibernia oil platform off the coas …

Scotland nationalizes Ferguson yard to finish LNG ferries  TradeWindsScottish government rescues last private yard on the Clyde to complete costly LNG ferry contract. Read more https://www.tradewindsnews.com/shipyards/scotland-nationalizes-fergu …

UPDATE 1-Crashing oil prices send Russian rouble to 66 vs dollar,...  Reuters Africa(Adds detail, updates prices). MOSCOW, Aug 14 (Reuters) - The Russian rouble on Wednesday fell to 66 versus the dollar, its weakest level since early May, ... Rea …

ICE, Magellan to offer dock capacity to Houston oil futures customers  Financial PostNEW YORK — Intercontinental Exchange Inc and Magellan Midstream Partners LP said on Wednesday they would auction dock capacity at Magellan's ... Read more https: …

Team US-Greece-Cyprus-Israel Wants East Med Peace – But Oil, Gas Too  The National HeraldATHENS – Meeting in Athens, the energy ministers of Greece, Cyprus, and Israel – Kostas Hatzidakis, Georgios Lakkotrypis, and Yuval Steinitz, as well as US . …

India's Reliance to sell 20% stake in oil-to-chemicals business to Saudi Aramco  Reuters AfricaIndia's Reliance Industries Ltd is set to sell a 20% stake in its oil to chemicals business to Saudi Aramco in one of the largest foreign investments i …