Centuries of Soviet and tsarist oppression taught the three Baltic states to bar their doors whenever the Kremlin issues marching orders. Now they also scramble NATO jets.
The following is a selection of the most important news affecting the oil market.
Following is the text of the weekly Petroleum Status Report from the U.S. Department of Energy:
Alon USA Energy Inc. is scheduled to shut the crude unit and a fluid catalytic cracker at the Big Spring oil refinery in Texas in early May for planned repairs, a person familiar with the schedule said.
Clashes that erupted in South Sudan’s oil-rich Upper Nile state last week pose “no imminent threat” to crude production and output is progressing normally, the Petroleum Ministry said.
Essar Energy Plc said a bid from the company’s parent group valuing the owner of oil refineries and power stations at $1.5 billion is too low.
This story was produced by InsideClimate News in collaboration with the Center for Public Integrity and The Weather Channel.
Vitol Group agreed to pay about A$2.9 billion ($2.6 billion) for Royal Dutch Shell Plc’s Australian refinery and filling stations as Europe’s largest oil company accelerates asset sales.