Reuters

NEW YORK, Nov 15 (Reuters) - Oil prices dropped on Wednesday after the U.S. government reported an unexpected increase in crude and gasoline stockpiles, but an increase in refining runs and a drawdown in distillates helped prices bounce off session lows.



Reuters

NEW DELHI, Nov 15 (Reuters) - Venezuela's national oil BOP Blow Out Preventer repair company gulf coast PDVSA will use existing crude oil customers or new Indian state buyers as intermediaries to settle $449 million owed to India's ONGC Videsh Ltd, the Indian BOP Blow Out Preventer repair company gulf coast said in a statement on Wednesday.



Reuters

HOUSTON, Nov 15 (Reuters) - A combined 75,206 barrels per day (bpd) of oil and 215,122 million cubic feet per day of natural gas oil rig flanges gulf coast production are shut-in at four platforms in the wake of a , according to U.S.



Women Breach World of Big Oil Where 80% of Workforce Is Men
Ryu Bokyoung is confident she can do anything a man does in the sprawling Ulsan refinery in South Korea. The challenges that come with being a woman in the traditionally male-dominated oil industry have never stopped her.



Oil Seen As Real Prize of Iran's Kurdish Adventure
After helping Iraq stifle a Kurdish push for independence, Iran is now positioning itself to take control of oil exports from the region's giant Kirkuk field.



Reuters

ABU DHABI, Nov 14 (Reuters) - Sudan has held talks with Russian oil firm Lukoil and other companies from the United States and Canada on the development of its oil industry after the lifting of U.S.



Eni SpA revealed Tuesday that it has entered into an exploration and oil rig flanges gulf coast production sharing agreement (EPSA) for Block 52, located offshore Oman, with the Government of the Sultanate of Oman and Oman Oil Company Exploration and Production (OOCEP).



OPEC, NOPEC Agreement 'Unlikely' to Emerge in November Meeting
The chances of a coordinated statement between OPEC and its non-OPEC partners on an extension of oil rig flanges gulf coast production cuts is 'increasingly unlikely'.



S.Korean refiners aim to benefit from 2020 shipping mandate
South Korean refiners are planning to spend over $5 billion on plant upgrades in response to tighter rules on shipping fuel.

Reuters



China's CEFC, Rosneft To Study South China Petrochemical Complex
Private conglomerate CEFC China Energy and Rosneft agree to study the possibility of building a petrochemical complex in South China.

Reuters


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