||Ideal Employer Survey Reveals Midstream's Picks for Top Companies
(Monday, January 16, 2017) Rigzone's latest survey finds what's most important to midstream professionals and Deloitte's vice chairman John England provides a midstream outlook for 2017.
||ADNOC Shuts Half Capacity at Ruwais Refinery After Fire -Sources
(Monday, January 16, 2017) Abu Dhabi National Oil Company (ADNOC) has shut half the capacity at its 800,000 barrels-per-day Ruwais refinery after a fire there last week, three industry sources familiar with the matter said on Monday.
||LNG Use Surging While Idled Spending May Trigger Next Spike
(Monday, January 16, 2017) LNG prices falling to the lowest in a decade last year spurred fresh demand while suppressing investment in new production, potentially leading to shortages and price spikes next decade, according to a new Bloomberg New Energy Finance report.
||Platts Launches Middle East LNG Price Marker as Region's Demand Grows
(Monday, January 16, 2017) Commodity pricing agency S&P Global Platts will begin assessing prices for LNG delivered to the Middle East and Pakistan, reflecting growing imports into a region better known as an exporter, the company said on Monday.
||COLUMN-China's Crude Oil Juggernaut to Roll On, But More Slowly
(Monday, January 16, 2017) There is little doubt China's crude oil imports enjoyed a robust 2016, hitting a record high. The question is how long the party can continue?
||China Cancels Ethanol Imports as Tax Hike Threatens Trade
(Monday, January 16, 2017) Chinese buyers have cancelled up to seven cargoes of ethanol due to arrive by the end of March, sources said, the first sign that a likely hike in import duties is threatening to stall demand from the world's fastest-growing market.
||India's Reliance Expects Sharp Rise in Operating Profit from Next Fin. Year
(Monday, January 16, 2017) Refining and petrochemicals contribute around 90 percent of Reliance's overall revenue and profit.
||Oil Up On Saudi Commitment To Cut; U.S. Output Seen Rising
(Monday, January 16, 2017) Oil prices settle up, as Saudi Arabia's commitments to reducing production offset a report forecasting U.S. output would again rise this year.