InsideClimate NewsHigh Oil Subsidies Ensure Profit for Nearly Half New US Investments, Study ShowsInsideClimate NewsThe study, in Nature Energy, examined the impact of federal and state subsidies at recent oil prices that hover around $50 a barrel and esti …

Forties to Urals crude oil switching less likely after spread almost halvesPlattsForties to Urals crude oil switching less likely after spread almost halves. London (Platts)--3 Oct 2017 834 am EDT/1234 GMT. The combination of widening Urals and narrowing F …

VanguardAPPEC interview: NNPC plans new approach to crude oil salesPlattsMele Kyari, general manager of state-owned NNPC's crude oil marketing division, also said in an interview on the sidelines of the APPEC conference in Singapore it planned to sell …

Uganda plans to join OPEC after first oil fields flow in 2020: ministerPlattsUganda will seek to join OPEC once the East African nation starts pumping crude out from Lake Albert oil fields along the western border with the Democratic Republic of Congo at t …

Trump administration officials push to quicken pipeline permittingPlattsUS Energy Secretary Rick Perry and Interior Secretary Ryan Zinke said Monday the Trump administration is focused on quickening the pace of oil and natural gas pipeline permitting as it …

Press TVAPPEC: Iraq may sue KRG over oil exports pending independence referendum: officialPlattsIraq's federal government may sue the Kurdistan Regional Government to block its crude exports "as soon as today," a senior oil ministry official …

BloombergChina announces limit on oil product exports, bans condensate to N KoreaPlattsThe announcement included HS Code 2709000000, which stands for condensate and crude oil, but MOFCOM and GAC said in the announcement that crude oil was not in the banned …

QuartzThe Modi government is damned if it cuts oil prices—and damned if it doesn'tQuartzIn 2011 when the cost of oil being imported by India was averaging above $100 per barrel, the retail price that citizens paid for petrol in Delhi averaged Rs65 per …

Caribbean, USGC hurricanes could result in USGC fuel oil glut: sourcesPlattsUS fuel oil traders said normal exports of fuel oil out of the Atlantic Coast to Caribbean terminals have hit snags this week in the wake of the landfall of Hurricane Maria. With o …

Financial TimesMaersk sells oil tanker unit for $1.2bnFinancial TimesAP Moller Holding, which owns more than half the voting shares in Maersk, will pay $1.17bn in cash for the fleet of 161 oil tankers. It will then set up a new ownership group for Maersk T …