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Advance Notice of First Quarter Financial Results for Shell Midstream Partners, L.P.

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Houston, April 22, 2019 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P.’s First Quarter Earnings Conference Call will be held Friday, May 3rd at 09:00am CST. Shell Midstream Partners’ participants will be Kevin Nichols, President and Chief Executive Officer and Shawn Carsten, Chief Financial Officer.  Financial information, including the earnings release will be released after markets Read More

U.S. refiners planning major plant overhauls in second quarter

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HOUSTON (Reuters) – U.S. oil refiners are planning a heavy slate of plant overhauls in the second quarter, with total production this month off 8.5 percent compared with the start of the year, according to data from the U.S. Energy Information Administration. FILE PHOTO: The British Petroleum oil Refinery is seen in Whiting, Indiana, August Read More

API: U.S. continues to lead the world in natural gas liquids, crude oil production

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4/18/2019 Photo: Gulfport Energy. WASHINGTON — The American Petroleum Institute’s latest monthly statistical report showed that the U.S. sustained its position as the world’s leading oil producer, continuing a pace of 12.1 MMbopd, matching February 2019. In addition, petroleum demand in March was the strongest for that month in more than a decade at 20.7 Read More

Oil prices rise on lower U.S. stocks, OPEC+ supply cuts

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LONDON (Reuters) – Oil prices rose slightly on Thursday, boosted by a decline in U.S. inventories, ongoing supply cuts from OPEC and its allies, and U.S. sanctions on Venezuela and Iran. FILE PHOTO: An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February 2, 2015. REUTERS/Rick Wilking/File Read More

Oil prices slip, but supply cuts support

5 days ago DieselGasoil Comments Off on Oil prices slip, but supply cuts support
LONDON (Reuters) – Oil prices eased on Thursday, although a decline in U.S. inventories, ongoing supply cuts from OPEC and its allies, and U.S. sanctions on Venezuela and Iran all limited losses. FILE PHOTO: An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February 2, 2015. REUTERS/Rick Read More

BRICS bank to invest in infrastructure projects in Brazil

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Investment worth $621 million will be provided by BRICS New Development Bank (NDB) to Brazil, according to the Institute for Applied Economic Research (Ipea). It said the bank has approved Brazilian projects on renewable energy, road building, railway construction, sanitation, telecommunications and an oil Refinery. NDB has also plans to launch its Americas Regional Office Read More

Schools evacuated, subway services halted as quake rocks Taiwan

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TAIPEI (Reuters) – A 6.1 magnitude earthquake struck Taiwan’s coastal city of Hualien on Thursday, shaking buildings and temporarily halting subway services in the capital Taipei, but there were no immediate reports of serious damage or casualties. Television footage showed school children being evacuated from buildings after the largest quake to hit the heavily industrialized Read More

Oil prices slip, but ongoing supply cuts support

5 days ago DieselGasoil Comments Off on Oil prices slip, but ongoing supply cuts support
TOKYO/SYDNEY (Reuters) – Oil markets fell on Thursday despite a surprise decline in U.S. inventories, but the price drops were tempered by a smaller-than-expected reduction in gasoline stocks and ongoing OPEC-led supply cuts. FILE PHOTO: A seagull flies in front of an oil platform in the Bouri Oilfield some 70 nautical miles north of the Read More

Schools evacuated, subway services halted as quake hits Taiwan

5 days ago DieselGasoil Comments Off on Schools evacuated, subway services halted as quake hits Taiwan
TAIPEI (Reuters) – A 6.1 magnitude earthquake struck Taiwan’s coastal city of Hualien on Thursday, shaking buildings and temporarily halting subway services in the capital Taipei, but there were no immediate reports of serious damage or casualties. Television footage showed school children being evacuated from buildings after the largest quake to hit the heavily industrialized Read More

Oil prices slip amid ample U.S. output, Brent drifts away from five-month high

5 days ago DieselGasoil Comments Off on Oil prices slip amid ample U.S. output, Brent drifts away from five-month high
TOKYO/SYDNEY (Reuters) – Oil prices dropped on Thursday as the impact of plentiful U.S. production offset a surprise decline in U.S. inventories, leaving international benchmark Brent retreating from a five-month high touched in the previous session. FILE PHOTO: A seagull flies in front of an oil platform in the Bouri Oilfield some 70 nautical miles Read More