Energy Update
MOSCOW, Oct 21 (Reuters) - Search for potential investors
for a 19.5-percent stake in Rosneft that the
government plans to privatise this year is ongoing, Russia's
economy ministry said on Friday, adding the state-run oil firm
could buy some of its own shares.
(Fri, 21 Oct 2016) U.S. gross crude oil imports increased by 528,000 barrels per day (b/d), or 7%, during the first half of 2016 compared to the first half of 2015. This increase reverses a multiyear trend of decreasing U.S. crude oil imports as a result of increasing U.S. production.
BEIJING, Oct 21 (Reuters) - China exported record volumes of
diesel and gasoline in September, data showed on Friday, as oil
majors in the world's top energy market sell excess product
abroad amid slackening local demand and surging output.
BEIJING, Oct 21 (Reuters) - China's diesel and gasoline
exports jumped again in September from a year earlier, customs
data showed on Friday, as the world's top energy market
continued to look to international markets to sell its domestic
fuel excess.
SINGAPORE, Oct 21 (Reuters) - Oil prices fell on Friday,
pulled down by a stronger dollar, but traders said there were
signs that physical fuel markets were tightening after two years
of ballooning oversupply.
LOS ANGELES, Oct 20 (Reuters) - A press freedom group on
Thursday urged prosecutors in two states to drop charges against
three documentary filmmakers who were arrested while filming
activists as they sought to shut down major oil pipelines from
Canada to the United States.
CALGARY, Alberta, Oct 20 (Reuters) - Royal Dutch Shell Plc
said on Thursday it is selling $1.03 billion worth of
non-core oil and gas properties in western Canada to Tourmaline
Oil Corp, the latest example of the global oil major
trimming its operations in the region.
RIO DE JANEIRO, Oct 20 (Reuters) - Brazilian prosecutors
charged 21 people with qualified homicide on Thursday for their
roles in the collapse of a tailings dam at the Samarco Mineração
SA iron ore mine last November that killed 19 people.
MELBOURNE, Oct 21 (Reuters) - Santos Ltd reported a
10 percent rise in sales revenue in the September quarter from
the previous quarter on flat production, and said on Friday it
has started hedging oil prices to help limit volatility and
support capital spending plans.
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