News

BRIEF-Arcadia says U.S. FDA completes food additive review of co's Sonova 400 gla safflower oil

April 19 (Reuters) - Arcadia Biosciences Inc (RKDA.O) * u.s. Food and drug administration completes food additive review of arcadia biosciences' sonova 400 gla safflower oil for use in dog diets * Arcadia biosciences - fda concluded data su......【more】

2017-04-20

S.Korea's import prices fall on cheaper crude oil

SEOUL, April 14 (Xinhua) -- Imported product prices in South Korea fell for the second straight month on cheaper crude oil and the local currency's ascent to the U.S. dollar, central bank data showed Friday. The import price index stood at......【more】

2017-04-18

Sinopec Lubricant to provide lubricating oil for Foton Thailand

Sinopec lubricant distributor in Thailand signed a supply agreement with Foton Automobile (Thailand) Co., Ltd. recently, to provide special lubricating oil for all the 4S stores of Foton in Thailand.......【more】

2017-04-17

New Aussie technology set to be "game-changer" for vital renewable oils: scientists

CANBERRA, April 13 (Xinhua) -- Australian researchers believe the nation's next "oil boom" - the vegetable and plant-based kind - could come from leaves and stems, in a "game-changing" development in renewable oils. Scientists from the Comm......【more】

2017-04-14

Oil prices rise on U.S. inventories data

NEW YORK, March 29 (Xinhua) -- Oil prices rose on Wednesday as lower-than-expected rise in U.S. crude inventories eased market concerns about global oil glut. U.S. crude inventories rose 0.9 million barrels last week to 534 million, the cou......【more】

2017-04-13

Oil imports through Sino-Kazakh pipeline hit 100 mln tonnes

Oil imports from Kazakhstan to China through a land pipeline hit the 100-million-tonne mark Wednesday, the pipeline operator said. "The safe operation of the pipeline has ensured diverse export channels for Kazakhstan, and also ensured stab......【more】

2017-04-11

Sudan says faces low production in oil industry

Sudan's oil industry is facing difficulties relating low production and depletion of a number of current oil wells and fields, Sudan's Minister of Petroleum and Gas Mohamed Zayed Awad said on Wednesday. "The oil industry in the country is f......【more】

2017-04-10

Libya's political division deepens with ongoing fighting in oil ports

TRIPOLI, Libya, March 16 (Xinhua) -- Forces of Libya's strongman General Khalifa Haftar took control of the oil ports after days of fighting against a rival militia. The violence further amplifies the existing deep political division in the......【more】

2017-04-07

BRIEF-Unit Corp acquires oil & gas assets in its Hoxbar core area in western Oklahoma

Unit Corp announces agreements to acquire oil & gas assets in its Hoxbar core area in western Oklahoma and to sell common stock through an at-the-market offering * Purchase price for transaction is about $57 million in cash plus 180 net acr......【more】

2017-04-05

China suspends oil price adjustment

China's top economic planner will not adjust domestic retail oil prices as global prices have stayed below the official pricing mechanism, according to an announcement on Tuesday. Under the current mechanism, prices of refined oil products......【more】

2017-04-01

Taking fish oil while pregnant not to result in smarter children: Australian study

Taking fish oil supplements while pregnant will not result in smarter children, according to the results of a decade-long study by Australian researchers. Researchers from the South Australian Health and Medical Research Institute (SAHMRI)......【more】

2017-03-31

Libya seeks to raise oil output to over 1 million bpd by August

TRIPOLI, March 24 (Xinhua) -- Libya's head of national oil corporation Mustafa Sanalla has said he expects the daily production of oil to rise to more than one million barrels per day (bpd) by August. "Today, we are producing 700,000 barrel......【more】

2017-03-30

Syrian army captures key oil field near Palmyra

The Syrian army captured on Monday the Jazal oil field west of the ancient city of Palmyra following battles with the Islamic State (IS) group, a military source told Xinhua. The government forces backed by allied fighters wrested control o......【more】

2017-03-28

Oil prices decline on high U.S. crude stockpile

NEW YORK, March 16 (Xinhua) -- Oil prices declined on Thursday after data showed high level of U.S. crude inventories. The West Texas Intermediate for April Delivery erased 0.11 U.S. dollar to settle at 48.75 dollars a barrel on the New Yor......【more】

2017-03-27

UPDATE 2-Norway awards 56 oil and gas licences in mature areas

SANDEFJORD, Norway, Jan 17 (Reuters) - Norway awarded 56 offshore exploration licences on Tuesday, matching last years record number, as it seeks to boost output from acreage located near existing oil and gas fields. A total of 29 companies......【more】

2017-03-14