Florence Tan

With few buyers, Iranian oil armada heads to China ahead of U.S. sanctions

18 Oct 2018

SINGAPORE/BEIJING An unprecedented volume of Iranian crude oil is set to arrive at China's northeast Dalian port this month and in early November before U.S. sanctions on Iran take effect, according to an Iranian shipping source and data on Refinitiv Eikon.

Saudi Aramco to invest in refinery-petrochemical project in east China

18 Oct 2018

ZHOUSHAN, China/SINGAPORE State oil giant Saudi Aramco signed an agreement on Thursday to invest in a refinery-petrochemical project in eastern China, part of its strategy to expand in downstream operations globally.

U.S. oil exports to Asia may fall further after surge in tanker rates

11 Oct 2018

* Rates buoyed by weather disruptions, demand and bunker costs

Taiwan's CPC Corp to buy US crude via term contract for first time -sources

11 Oct 2018

SINGAPORE, Oct 11 Taiwanese refiner CPC Corp is set to buy U.S. crude oil through a term contract for the first time, two industry sources said on Thursday.

RPT-Asia's troubled emerging markets to shave oil demand next year

01 Oct 2018

* Currency risk, high crude price to cut 100,000 bpd in oil demand

RPT-ANALYSIS-How the world's oil refiners plan to grapple with their fuel oil output after 2020

01 Oct 2018

* Refiners brace for plunge in HSFO demand, diesel boom in 2020

How the world's oil refiners plan to grapple with their fuel oil output after 2020

28 Sep 2018

SINGAPORE/TOKYO/LONDON High-sulfur fuel oil (HSFO), essentially the leftovers of an oil refiner's output, will still flow from refineries around the world even after new rules start up in 2020 curtailing its use in the global shipping fleet, a Reuters survey showed.

China's Sinopec halves Iran oil loadings under U.S. pressure: sources

28 Sep 2018

BEIJING/SINGAPORE China's Sinopec Corp is halving loadings of crude oil from Iran this month, as the state refiner comes under intense pressure from Washington to comply with a U.S. ban on Iranian oil from November, said people with knowledge of the matter.

Asia's troubled emerging markets to shave oil demand next year

28 Sep 2018

SINGAPORE Asia's emerging markets, the key driver for global oil demand growth, are being hit hard by soaring crude prices and sliding currencies, raising red flags over expectations of further increases in consumption.

Norway's Equinor mulls Asia power trading expansion post-Danske acquisition

27 Sep 2018

SINGAPORE, Sept 27 Norway's Equinor ASA could look into trading in power markets in Asia after it completes the acquisition of a Danish power trading company, a senior company official said.

World News