KUALA LUMPUR (Reuters) – A fire killed five people at a refining and petrochemicals complex in southern Malaysia owned by Petronas and Saudi Aramco, authorities said on Monday. It was the second fire in less than a year at the $27 billion Pengerang Integrated ... More »
BEIRUT (Reuters) – Demonstrations against Lebanon’s ruling elite have plunged the country into political turmoil at a time of acute economic crisis, driven by deepening anger at sectarian politicians who have dominated the government since the 1975-90 civil wa... More »
WASHINGTON (Reuters) – The United States is preparing to send additional troops to the Middle East in response to mounting concerns over Iran, which Washington blames for attacks on oil tankers last week, two U.S. officials told Reuters on Monday, speaking on ... More »
WASHINGTON (Reuters) – The U.S. military on Monday released new images it says showed Iran’s Revolutionary Guard (IRGC) removing an unexploded limpet mine from a Japanese-owned tanker that was attacked on June 13 in the Gulf of Oman, as Washington blames Tehra... More »
LUND, Sweden (Reuters) – Might tree roots, twigs and branches one day be used to power cars? That’s what a Swedish researcher is hoping after developing a pulp byproduct that – on a modest scale – does just that. Chemical engineering scientist Christian Hulteb... More »
PARIS (Reuters) – The anti-government protests convulsing France will slow growth to close to a standstill in the final quarter, the central bank said on Monday, complicating President Emmanuel Macron’s task of finding concessions to placate the “yellow vest” ... More »
BRASILIA/SAO PAULO (Reuters) – Petrobras shares plunged 15 percent on Monday after Brazil’s government offered new fuel subsidies and softened the oil producer’s pricing policy in a bid to settle a truckers’ strike that has wreaked havoc on Latin America’s lar... More »
HOUSTON/CARACAS (Reuters) – U.S. oil firm ConocoPhillips has moved to take Caribbean assets of Venezuela’s state-run PDVSA to enforce a $2 billion arbitration award over a decade-oil nationalization of its projects in the South American country, according to t... More »
China's refiners raised crude oil processing runs to near record monthly levels in October as refining margins jumped after the country's state planner hiked prices for gasoline and diesel at the pump. More »
No oil spill was reported after a collision between a U.S. guided-missile destroyer and a merchant vessel in Singapore waters, authorities in the city-state said on Monday. More »
A car is filled with gasoline at a gas station pump in Carlsbad, California August 4, 2015. REUTERS/Mike Blake Demand for gasoline in the United States, which accounts for a tenth of global oil consumption, is expected to peak next year as engines become more ... More »
BEIJING/SINGAPORE Global oil traders have entered into rare barter deals with the National Iranian Oil Company (NIOC), supplying Iran with much-needed gasoline in exchange for high-quality fuel oil, after most economic sanctions against Tehran were lifted in J... More »
SINGAPORE Six crew members are still missing after a general cargo freighter sank in the Singapore Strait following a collision with a chemical tanker at 8:14 p.m. (7.14 a.m. ET) on Dec. 16. The 10,385 deadweight tonne (dwt) cargo freighter Thorco Cloud, opera... More »
