UPDATE 1-Ships, trains, caves: Oil traders chase storage space in world awash with fuel

This post was originally published on this site… * Traders books dozens of tankers to store oil at sea. * Tankers with diesel diverted from Europe to U.S.. * GRAPHIC: U.S. oil inventories

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Ships, trains, caves: Oil traders chase storage space in world awash with fuel

This post was originally published on this siteLONDON/NEW YORK (Reuters) – Oil traders are struggling to find enough ships, railcars, caverns and pipelines to store fuel as more

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Shell sets oil sector’s broadest carbon reduction plans

This post was originally published on this siteLONDON (Reuters) – Royal Dutch Shell on Thursday deepened its ambition to battle climate change, setting the oil and gas sector’s

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Shell drops out of major US LNG project, Energy Transfer delays decision

This post was originally published on this site(Reuters) – Royal Dutch Shell Plc pulled out of a major liquefied natural gas (LNG) export plant under development in Louisiana following the

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Oil falls as sinking demand outweighs stimulus hopes

This post was originally published on this siteLONDON (Reuters) – Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus

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BP to quit main US refining lobby over carbon policy

This post was originally published on this siteLONDON (Reuters) – BP (BP.L) will leave the main U.S. refining lobby and two other trade groups as new CEO Bernard Looney spurs some of the

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Chevron prepares to restart Wafra oilfield on Saudi-Kuwaiti border

This post was originally published on this siteLONDON (Reuters) – Chevron has begun preparations to restart production at the Wafra oilfield in the Kuwaiti-Saudi Neutral Zone, the company

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BP boss Looney sets out to ‘reinvent’ oil giant with zero carbon goal

This post was originally published on this siteLONDON (Reuters) – BP set one of the oil sector’s most ambitious targets for curbing carbon emissions on Wednesday as new chief

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BP boosts dividend despite profit fall as CEO Dudley bows out

This post was originally published on this siteLONDON (Reuters) – BP (BP.L) raised its dividend and said it had completed a $1.5 billion share buyback program in a sign of confidence in its

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UPDATE 1-BP boosts dividend despite profit fall as CEO Dudley bows out

This post was originally published on this site… * Profit down 26% on weak oil, gas prices, but beats forecasts. * Completes $1.5 billion share buyback programme (Adds detail, graphics). By

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