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Sasol Ltd. Chief Executive Officer Simon Baloyi said the South African company may spin off its international chemicals business as soon as 2028.
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Oil fell as traders priced in a potential Ukraine-Russia peace plan that could boost supply.
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India's Reliance Industries Ltd. said it would stop processing Russian oil at part of its giant Jamnagar oil refinery.
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Russian energy giant Lukoil PJSC dissolved the supervisory board of its international business.
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In a market that continues to be dominated by bearish supply sentiment, one of the few bullish drivers is the fragility of Russian supply, Standard Chartered Bank Energy Research Head Emily Ashford said.
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Enterprise and ExxonMobil plan to raise Bahia's capacity to transport Permian NGLs to Enterprise's Mont Belvieu fractionation complex to one million bpd.
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Crude oil prices have fallen sharply, Nadir Belbarka, an analyst at XMArabia, said in a statement sent to Rigzone on Friday.
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Norway produced 336.76 million standard cubic meters a day of natural gas in October, its highest over the last six months, according to preliminary official monthly production figures.
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The EIA's latest weekly petroleum status report showed that crude oil stocks, not including the SPR, stood at 424.2 million barrels on November 14.
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'We maintain a firm belief in the long-term fundamentals of LNG shipping'.
