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U.S. stocks of distillate fuel oil are rapidly returning to normal, reversing the prodigious glut that built up earlier in the year during the first wave of the coronavirus epidemic and lockdowns.
Pipe-laying vessel Akademik Cherskiy, expected to be used to finish the Moscow-led Nord Stream 2 gas pipeline, has left the German project hub of Mukran and is heading to the Russian port of Kaliningrad, Refinitiv Eikon data showed on Friday.
Norway's Nyhamna gas export terminal is closing down as security guards at the plant go on strike, cutting volumes by an expected 50 million standard cubic metres (mcm) of gas per day, system operator Gassco said on Saturday.
(This Nov. 23 story corrects to clarify Shell Pulau Bukom cuts to be phased in)
The planned strike among security guards at Norway's Nyhamna gas processing facility is expected to go ahead on Saturday as the staff has not been exempted from taking part in the labour conflict, the NHO employers' group said on Friday.
A key export terminal for Norway's natural gas will shut if Saturday's planned strike goes ahead, cutting supply to Europe, system operator Gassco said on Friday, sending prices higher.
Mexican oil giant Pemex is about to start the process of contracting an oil hedge for 2021, a senior source at the company told Reuters, after the previous two hedges delivered bumper payouts for the highly-indebted company.
Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents from state company Petroleos de Venezuela (PDVSA).
Oil slipped from seven-month highs on Thursday as signs of growing supplies helped to halt a rally driven by optimism that COVID-19 vaccines will revive fuel demand.
The planned escalation of a strike by Norwegian security guards could begin to shut the Nyhamna gas processing plant and two large gas fields from Friday, which would reduce Norway's exports to Europe by a quarter, system operator Gassco said.
As global COVID-19 infections surge, China is pushing a narrative via state media that the virus existed abroad before it was discovered late last year in the central city of Wuhan, where it was traced to a seafood market.
China has accelerated imports of crude oil, propane and liquefied natural gas (LNG) from the United States since July, but total energy product purchases through October remain far short of targets for 2020 set out in the Phase 1 trade deal with Washington.
China's unofficial restrictions on coal imports from Australia are having more than just an impact on miners down under, it's hurting steel producers in China and helping those elsewhere.
U.S. crude oil inventories fell last week, as well as distillate stocks, while gasoline stockpiles rose sharply, the U.S. Energy Information Administration said on Wednesday.
The U.S. Army Corps of Engineers on Wednesday issued its final decision denying a key water permit for the contentious Pebble Mine in Alaska, putting the project's future in doubt even as the company behind it plans to appeal the decision.
Oil prices climbed nearly 2% to their highest in more than eight months on Wednesday, as data showing a surprise drop in weekly U.S. crude inventories extended a rally driven by hopes that a COVID-19 vaccine will boost fuel demand.
ExxonMobil and Total are in negotiations over their massive LNG projects in Mozambique, with each seeking to extract more gas from a shared field that straddles the two developments and cut costs, three sources familiar with the matter told Reuters.
Gold has tumbled from record highs as investors, eyeing an end to the coronavirus pandemic, move money to riskier assets.
Flint Hills Resources will keep non-essential staff out its of 375,000-barrel-per-day Pine Bend refinery in Rosemount, Minnesota, for one week after Thanksgiving to prevent the spread of COVID-19, according to a source familiar with the matter on Wednesday.
Poland should scrap a plan to merge state-run energy groups after they have shifted coal assets into a separate entity because it won't deliver on EU climate targets, a report by environmentalist group ClientEarth and think tank Instrat said.
OPEC and allies including Russia are leaning towards delaying next year's planned increase in oil output to support the market during the second wave of COVID-19 and rising Libyan output, despite a rise in prices, three sources close to OPEC+ said.
Thyssenkrupp could give Britain's Liberty Steel access to the books of its steel unit as soon as next week, three people familiar with the matter said.
The U.S. Commodity Futures Trading Commission (CFTC) report on volatility in WTI oil futures, published on Monday, has already been criticised for not probing deeply enough into how and why prices plunged into negative territory for one day in April and then rebounded sharply...