Oil

By Emma Farge and Dmitry Zhdannikov GENEVA, Feb 28 (Reuters) – Vitol, the world’s biggest oil trader, reported revenues that topped $300 billion

LONDON – Russian Urals crude strengthened in the Baltic after loading dates for early March showed a possibility of lower-than-usual volumes. Urals

By Claire Milhench LONDON (Reuters) – A trade deal between the European Union and Singapore is unlikely to affect North Sea crude oil shipments to Asia,

(Bloomberg) — Iran, which dropped two places to become India’s fourth-largest crude supplier last year, may lose $2.5 billion of revenue as global

In an interview with CNN, Maersk Group CEO Nils Anderson discusses the ever-changing, and difficult world of global shipping and the newly evolving Chinese

HOUSTON–BP Plc (BP, BP.LN) said Tuesday it has named John Minge president of its U.S. unit, BP America, Inc. Mr. Minge succeeds Lamar McKay as BP’s

(Bloomberg) — OPEC’s deepest output cut since the global recession in 2008 is creating the biggest surplus of oil tankers in the Persian Gulf in at

By Geraldine Amiel PARIS–French integrated oil and gas major Total SA (TOT, FP.FR) Monday confirmed that Samsung Total Petrochemicals, its joint venture

Jan. 23 (Bloomberg) — BP Plc’s head oil analyst for Asia, Giovanni Serio, plans to join Noble Group Ltd. in Singapore, four people with knowledge

DUBAI, Jan 16 (Reuters) – Abu Dhabi oil company TAQA said it had no restart date for oil output stopped after a leak at its North Sea Cormorant Alpha

DUBAI, Jan 15 (Reuters) – Abu Dhabi National Energy Co (TAQA) confirmed the shutdown of one of its platforms in the UK North Sea, after discovering oil

SINGAPORE–After scrambling for years to secure space in Singapore’s onshore oil storage tanks, some of the biggest fuel oil traders in Asia are

(Dow Jones) Chevron Corp. (CVX) is working with Brazilian regulators to restart production at its Frade offshore field, after a court dismissed an injunction

(Bloomberg) — Oil rose after a blast on a bus in Tel Aviv injured at least 10 people, boosting speculation that the conflict between Israel and the

(Bloomberg) — Bob Dudley shrank BP Plc to save it. The onetime Mississippian and current chief executive officer has sold more than $50 billion of assets

LONDON–A shale oil boom means the U.S. will overtake Saudi Arabia as the world’s largest oil producer by 2020, a radical shift that could

Oil shipments from the Organization of the Petroleum Exporting Countries are to increase by 640,000 barrels a day in the four weeks to Nov. 24, compared with

(Bloomberg) — President Barack Obama and the governors of New York and New Jersey took steps to ease the misery of motorists waiting in miles-long lines

(Bloomberg) — Oil fell for a second day in New York and headed for the biggest monthly decline since May after refiners reduced operations on the U.S.

Game, set and match to Rosneft. The state-owned Russian oil giant  (ROSN.RS) is poised to secure 100% of TNK-BP (TNBP.RS), the oil company now jointly