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India Buys 75% Less US Oil, Purchase More Iranian Crude
Iran >> 10/6/2018 - India’s purchases of US crude oil have fallen by 75 percent over the past four months as the subcontinent stocks up on Iranian crude, Reuters has reported. ...
Governor Farkhutdinov Ships 600th Crude Oil Cargo for Sakhalin-2
Russia >> 8/15/2018 - On 14 August 2018, Sovcomflot’s shuttle tanker Governor Farkhutdinov loaded the milestone 600th cargo of crude oil from Sakhalin-2. The 96,000 tonnes of cargo is for delivery to the port of Quanzhou, ...
More than 21 Million Barrels of Crude Oil have Been Lifted by the FPSO
United Kingdom >> 7/31/2018 - July 29, 2018 marked a significant milestone for Teekay Corporation’s directly-owned Hummingbird Spirit FPSO: the vessel has successfully completed its 100th offload at the Chestnut field in the Unite...
Iran & Iraq Begin Strategic Oil Swap Scheme
Iran >> 6/9/2018 - Iran has started exchanging crude oil with Iraq through a strategic project which is believed to open a new route for Baghdad to export its oil. Iran’s Ministry of Petroleum announced that road tanker...
Amerisur Resources Provides Update on Ecuador Operations
Ecuador >> 1/22/2018 - Amerisur Resources has provided an update on agreements in Ecuador for the use of the OBA/RODA pipeline systems for transport of Amerisur crude oil. ...
Iran-Iraq Oil Swap Deal To Run For a Year
Iran >> 12/12/2017 - Iraqi Oil Minister Jabar al-Luaibi said on Sunday that a deal signed with Tehran to swap up to 60,000 barrels per day of crude produced from the northern Iraqi Kirkuk oilfield for Iranian oil is for o...
Vietnam Signs Crude Oil Supply Deals With SOCAR, Glencore
Vietnam >> 12/8/2017 - Vietnam's state-run Binh Son Refining and Petrochemical Co (BSR) and state oil marketer PV Oil have signed non-binding term agreements with two western trading companies to buy crude, BSR officials sa...
Rosneft Expands Cooperation with Motor Oil Hellas
Russia >> 11/20/2017 - Rosneft, Petrocas Energy (Rosneft's Group subsidiary) and Motor Oil Hellas Corinth Refineries signed a three-lateral agreement about intentions in the crude and oil product supply. The document define...
Crude Oil & Oil Products Export for October 2017
Azerbaijan >> 11/1/2017 - In October 2017, SOCAR has exported 84 975 tons from Novorossiysk port, 261 397 tons from Supsa, and 1 201 812 tons from Ceyhan port.Generally, 1 242 679 tons of crude oil was exported from Novorossiy...
Iranian Crude Exports to Russia to Start Soon
Iran >> 10/29/2017 - Iran’s crude oil exports to Russia under an oil-for-goods barter scheme will begin “in the near future,” Deputy Minister of Petroleum Ali Kardor said on Saturday. He said banking problems related to t...
Iran Plans for Giant Leap in Oil Industry
Iran >> 10/13/2017 - Iran says it is gearing up efforts including study of its oil reserves to ramp up the country"s crude oil production, a senior Iranian oil official says. ...
Iran Eyes 4.5mbd Output by 2022
Iran >> 10/3/2017 - Iran says its crude oil production will reach 4.5 million barrels per day in a matter of a few years, end of the 6th five-year development plan to 2022. ...
Crude Oil & Oil Products Export for September 2017
Azerbaijan >> 10/2/2017 - In September 2017, SOCAR has exported 169 675 tons from Novorossiysk port, 172 138 tons from Supsa, and 1 352 984 tons from Ceyhan port.Generally, 1 157 704 tons of crude oil was exported from Novoros...
Iranian Crude Oil Exports Mounting as Joint Fields Get a Boost
Iran >> 9/23/2017 - Iran’s crude oil production is more than 3.8 million barrels per day, which according to plans will rise to 4.96 million by the end of the year (in March 20, 2018), Managing Director of the National I...
South Korea’s Imports of Iranian Crude up 40 in August
Iran >> 9/17/2017 - The latest official figures show that South Korea’s imports of crude oil from Iran saw a whopping increase of above 40 percent last month. ...
Korean Purchases of Iranian Crude Up 48 in 7 Months
Iran >> 8/19/2017 - South Korea’s crude oil imports from Iran soared 47.7 percent in the first seven months of this year from the same period last year, customs data showed. ...
US Sanctions on Maduro Could be just the Start
United States >> 8/8/2017 - Aframax demand in the Caribs could be collateral damage to further sanctions. On July 31, the United States government announced economic sanctions on President Nicolas Maduro in response to recent Ve...
Crude Oil & Oil Products Export for July 2017
Azerbaijan >> 8/2/2017 - In July 2017, SOCAR has exported 264 489 tons from Supsa port, 1 540 751 tons from Ceyhan port. Generally, 733 664 tons of crude oil was exported from Novorossiysk port, 1 579 673 tons from Supsa, 9 6...
South Korea’s Iran Crude Imports for June up 10.5 % Year-on-Year
Iran >> 7/17/2017 - South Korea imported 1.2 million tonnes of crude oil from Iran in June, up 10.5 percent from a year ago, preliminary data from Korea Customs Service showed on Saturday. ...
West Karoun Oil Field Production Reach 368000 bpd
Iran >> 7/10/2017 - Iran currently produces 290’000 barrels of crude oil per day, the figure which is going to witness an increase of 78000 barrels bpd, the managing director of Iran’s Petroleum Engineering and Developme...

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