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Top News In Refi1 Today - Breaking & Trending Today

Exclusive: Russian firm asks Venezuela to match Chevron oil-for-debt deal

A Russian oil firm is asking Venezuela's state-run company PDVSA for permission to take control of exports from their joint ventures to revive cash flow from the five companies, which have been hard-hit by U.S. sanctions, two people involved in the talks said. ....

United States , Alexandra Ulmer , Marianna Parraga , Daniel Flynn , Deisy Buitrago , Vivian Sequera , Thomson Reuters Trust Principles , Venezuela National Assembly , National Security Council , Nicolas Maduro United Socialist Party , State Department , President Nicolas Maduro , United Socialist Party , South American , Thomson Reuters Trust , Rsbi Regulatory Oversight , Repi Governance , Repi Exploration Production , Repi Fuel Oil , Repi Refining ,

China refiners stoke petrochemical glut in market-share war

China is relentlessly adding new petrochemical capacity despite a global glut as the country's refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand. ....

New Delhi , Mohi Narayan , Florence Tan , Wood Mackenzie Woodmac , Andrew Hayley , Ganesh Gopalakrishnan , Matthew Chye , Sonali Paul , Zhejiang Petrochemical Corp , Thomson Reuters Trust Principles , Sinopec Corp , International Energy Agency , Energy Aspects , Wood Mackenzie , International Energy , Guangdong Petrochemical , Jiangsu Shenghong Petrochemical , Hengli Petrochemical , Hengyi Petrochemical , Salmon Lee , Thomson Reuters Trust , Repi Exploration Production , Repi Petrochemicals , Repi Refining ,

Indonesia's Pertamina, Malaysia's Petronas aim to take over Shell's Masela stake

Indonesia's state energy company Pertamina and Malaysia's Petroliam Nasional (Petronas) plan to jointly take over Shell's participating interest in the Masela gas project, Indonesia's energy minister said on Monday. ....

Indonesia General , Kuala Lumpur , Arifin Tasrif , Shri Navaratnam , Emily Chow , Robert Birsel , Petroliam Nasional Petronas , Energy Asia , Thomson Reuters Trust Principles , Petroliam Nasional , Fransiska Nangoy Editing , Thomson Reuters Trust , Repi Exploration Production , Repi Refining , Repi Gas , Repi Fuel Oil ,

Indonesia's Pertamina reaches $3.1 bln financing deal for Balikpapan

Indonesia's state energy company Pertamina (PERTM.UL) reached a $3.1 billion financing deal with a number of export credit agencies and commercial banks to fund the upgrade of its Balikpapan refinery, the company said on Saturday. ....

Jakarta Raya , South Korea , United States , Tom Hogue , Fadjar Djoko Santoso , Feri Yani , Kilang Pertamina Balikpapan , Fransiska Nangoy , Thomson Reuters Trust Principles , Fadjar Djoko , Thomson Reuters Trust , Repi Refining ,

Japan's Cosmo Energy wins approval for 'poison pill' against activist

Cosmo Energy Holdings' shareholders approved a "poison pill" takeover defence on Thursday, in a controversial vote that excluded certain activist shareholders and has implications for hostile takeover attempts in Japan. ....

Makiko Yamazaki , David Dolan , Muralikumar Anantharaman , Yoshiaki Murakami , Thomson Reuters Trust Principles , Shareholders Of Cosmo Energy Holdings , Cosmo Energy Holdings , Thomson Reuters Trust , Rsbi Shareholder Activism , Repi Refining , Sustainable Business ,