United States

Gavin Maguire

EXCLUSIVE-Philadelphia Energy Solutions seeks to permanently shut oil refinery - sources

Jun 26 2019

PHILADELPHIA, June 26 Philadelphia Energy Solutions (PES) is expected to seek to permanently shut its oil refinery in the city after a massive fire caused substantial damage to the complex, two sources familiar with the plans said on Tuesday.

Ghost ships no more: Explorers resume oil, gas search as prices perk up

Jul 05 2018

SINGAPORE A growing fleet of ships is scanning oceans in search of new oil and gas fields as energy companies, now with more cash thanks to stronger crude prices, gradually resume spending on seismic services after a four-year downturn.

Offshore oil searches are coming back to fashion - just not in Asia

Dec 20 2017

SINGAPORE Surveying the ocean floor for oil and natural gas reserves is gradually emerging from a multi-year slump, everywhere apart from Asia.

BHP, world's largest miner, says 2017 is 'tipping point' for electric cars

Sep 26 2017

SINGAPORE This year looks set to be the "tipping point" for electric cars, Arnoud Balhuizen, chief commercial officer at global miner BHP said on Tuesday, with the impact for raw materials producers to be felt first in the metals market, and only later in oil. | Video

Palm oil demand up as dry U.S. weather seen hurting rival soy crops

Jul 21 2017

KUALA LUMPUR Palm oil demand is seen rising on a widening price differential with its rival oilseed soy, spurred by dry weather in the United States, prompting buyers to switch to the cheaper tropical oil, as key purchasing market China replenishes its palm oil port stocks, which have slid to seven-month lows.

Exclusive: IEA to review oil demand outlook after China, India signal auto policy shifts

May 11 2017

SINGAPORE The International Energy Agency will review its electric vehicle (EV) use and oil demand forecasts after India and China recently signaled new policies in favor of electric cars and vehicles using other alternatives to gasoline.

Miners sharpen marketing strategies in hunt for marginal gains

Dec 20 2016

LONDON/SINGAPORE The world's big mining groups are sharpening their marketing strategies in a post-crisis scramble for even tiny increases in profit, seeking marginal gains much like cycling teams in the Tour de France or Olympic velodrome.

High-protein wheat premiums to widen on crop damage -trader

Oct 12 2016

SINGAPORE Global premiums for high-protein wheat are expected to rise as unseasonal rains drive down quality in key producers, while Chicago futures are likely trade in a tight range in the next few months, a leading Singapore-based trader said on Wednesday.

Bloated, glutted and static, Asia's LNG market keeps disappointing

Sep 08 2016

SINGAPORE, Sept 8 The liquefied natural gas (LNG) industry has morphed from energy's golden child to black sheep in the last two years, with demand slumping just as supplies soars.

Rising oil import costs may become Asia's growing pain

Sep 03 2016

SINGAPORE A widening gap between Asia's oil production and demand is creating a growing capital drain for the region and leaving countries vulnerable to global supply disruptions and a sudden surge in oil prices.

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