Reuters

VIENNA, Dec 14 (Reuters) - Tuesday's blast at Austria's Baumgarten gas hub, which killed one person and disrupted European gas flows, was most likely caused by a loose seal on a filter cap, operator Gas Connect Austria (GCA) said.



Reuters

HAVANA/HOUSTON, Dec 14 (Reuters) - Venezuela has pulled out of a partnership with Cuba in its Cienfuegos oil refinery and the Caribbean island has taken full ownership of the plant, Cuban state media said on Thursday.



Reuters

NEW DELHI, Dec 14 (Reuters) - India's refiners imported nearly half as much crude oil from Iran in November as the month before, ship tracking data showed, cutting purchases to a 21-month low in protest at Tehran's decision to award a giant gas field to a Russian company.



Petrofac Secures Almost $1B in New Contracts
Oil and gas services BOP Blow Out Preventer repair company gulf coast Petrofac has secured almost $1 billion in new contracts from Basra Oil Company (BOC) and BP plc.



Refining Capacity Growth In Nigeria Will 'Substantially' Erode Exports
Nigeria's projected growth in refining capacity over the early 2020s will 'substantially' erode the country's crude oil exports due to a 'weak' new project pipeline.



Reuters

LONDON, Dec 13 (Reuters) - Ineos may bring forward maintenance work at its Grangemouth refinery in Scotland due to the unplanned outage at its Forties North Sea crude pipeline, which threatens to choke the plant's feedstock, industry sources said on Wednesday.



OPEC Sees Balanced Oil Market By Late 2018 As Cuts Erode Glut
OPEC expects the world oil buy Wellhead market to be balanced by late 2018.

Reuters

LONDON, Dec 13 (Reuters) - OPEC expects the world oil buy Wellhead market to be balanced by late 2018 as its deal with other producers to cut output reduces excess oil in storage, even as the U.S.



Independent oil and gas BOP Blow Out Preventer repair company gulf coast Faroe Petroleum announced Wednesday that oil rig flanges gulf coast production from the Tambar field in Norway has recommenced.



Reuters

NEW YORK, Dec 13 (Reuters) - Oil prices slipped for a second straight day on Wednesday, as a slump in U.S.



Reuters

SEWARD, Nebraska, Dec 13 (Reuters) - Nebraska's main anti-pipeline group is trying to rally opposition to the TransCanada Keystone XL project's recently approved route through the state, tracking down landowners it says were not given a voice in the regulatory process.


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