Essar Oil UK aims to lift US oil refining to 40%; eyes asset stake sale  Business StandardEssar Oil UK aims to lift processing of U.S. oil at its 200,000 barrels per day Stanlow refinery by March to 40% from 35% currently, its Chief Executive Off …

Economic TimesIndia to continue Iranian oil imports post US sanctionsEconomic TimesNEW DELHI: In the first clear indication of India's willingness to continue trade with Iran despite US sanctions, state refiners have contracted import of 1.25 million t …

The Local.itRiviera beaches spared as Italy oil slick dissolvesThe Local.itThe oil slicks formed after an April 17th pipeline leak at an ageing refinery near Genoa which resulted in 680,000 litres of crude spilling into the Polcevera river, which flows int …

Sydney Morning Herald'Full-scale cash crisis' in oil sectorSydney Morning HeraldThe head of the world's largest provider of services to oilfields has warned of a "full-scale crisis" as the industry is lashed by an unprecedented slump …

BloombergIran Might Still Outwit the Saudis on OilBloombergWhen oil producers, led by Venezuela and Russia, began to talk about an output freeze back in February, Iran made it very clear that it wouldn't participate until it restored production to pre- …

Reliance buys Iranian oil after six-year hiatusEconomic TimesNEW DELHI: Reliance Industries has bought crude oil from Iran after a 6-year break and is looking to strike a long-term fixed quantity deal, post lifting of sanctions. RIL, which operates the wor …

MarketWatchOil climbs after 5-session drop as China stocks bounce backMarketWatchOil futures climbed on Thursday after a five-session drop, finding support as a selloff in Chinese stocks abated and difficult negotiations over Iran's nuclear program hel …

ReutersEssar Oil plunges 5.5% after hitting 1 year high on Rosneft dealEconomic Times"Rosneft and Essar Oil & Gas Ltd / Essar Energy Holdings Ltd, companies incorporated and managed under the laws of Mauritius, have signed a non-binding Term Sheet …