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Iraq to Supply Egypt with 1 million barrels monthly
Iraq to Supply Egypt with 1 million barrels monthly Egypt >> 2/23/2017 - The Iraqi Oil Marketing Company SOMO has signed a contract for oil exports with the Egyptian government. The company forwarded the contract to the Petroleum Ministry for final approval. ...
Rosneft Signs Libya Oil Deal as More Investors Return to Country
Libya >> 2/21/2017 - Rosneft PJSC signed investment and crude-purchasing agreements with Libya’s National Oil Corp. as more international companies return to the North African country to gain access to Africa’s largest re...
Rosneft and KRG Signed an Oil Deal
Iraq >> 2/21/2017 - Rosneft and the Kurdistan Regional Government of Iraq signed a Cooperation Agreement in the fields of upstream, infrastructure, logistics and trading. The document was signed on the sidelines of the I...
Iraq & Iran Signs MOU for Joint Cooperation
Iraq >> 2/21/2017 - Mr. Jabbar A. Allibi the minister of oil signed a memorandum of understanding with his Iranian counterpart Mr. Beigin Zangana to establish joint committees to finish some of the important cases. ...
Belarus Purchases 1st Ever Iranian Oil Cargo
Iran >> 2/19/2017 - Belaruss BelOil Polska had purchased 600,000 barrels of Iranian Light and Heavy crude oil from National Iranian Oil Company (NIOC) for loading in February, the countrys first purchase of Iranian crude...
Lotos Seeking Long-term Iran Oil Supply Deal
Iran >> 2/18/2017 - Polands second-biggest refiner Lotos is eying for sealing a long-term oil supply deal with Iran. Lotos Chief Executive Officer Marcin Jastrzebski stated that the deal could be signed with Iran after ...
Egypt Nearing Deal with Iraq in Search for Crude Oil Imports
Egypt Nearing Deal with Iraq in Search for Crude Oil Imports Egypt >> 2/14/2017 - Egypt is nearing a deal to import crude oil from Iraq and is looking to other countries to help secure supply, Egyptian General Petroleum Corporation's chief Tarek al-Hadidi said. ...
Lotos Seeking Long-term Iran Oil Supply Deal
Iran >> 2/13/2017 - Polands second-biggest refiner Lotos is eying for sealing a long-term oil supply deal with Iran. Lotos Chief Executive Officer Marcin Jastrzebski stated that the deal could be signed with Iran after h...
Review of Global Oil Demand Trend - February 2017
Austria >> 2/13/2017 - World oil demand in 2016 continued its healthy performance for the second year, with growth set to be above 1.3 mb/d. This growth is in line with our initial projection for the year in July 2015. Howe...
World Oil Demand - February 2017
Austria >> 2/13/2017 - World oil demand growth in 2016 was revised higher by around 70 tb/d to now stand at 1.32 mb/d. The upward revision was primarily a reflection of better-than-expected data from OECD Europe and Asia Pa...
World Oil Supply - February 2017
Austria >> 2/13/2017 - Preliminary data indicates that world oil supply in January 2017 fell by 1.29 mb/d m-o-m to average 95.82 mb/d. The decline was due to lower OPEC and non-OPEC oil production. Year-on-year, world oil s...
Oil Trade - February 2017
Austria >> 2/13/2017 - Preliminary data for January shows that US crude oil imports increased to average 8.4 mb/d, up by 489 tb/d from the previous month and by 683 tb/d or 9% from the previous year. Similarly, US monthly ...
Iran Says Positive Market Reaction to OPEC Decision will Continue
Iran >> 2/12/2017 - Iranian Minister of Petroleum Bijan Zangeneh described the oil market reaction to Organization of the output cut plan of the Petroleum Exporting Countries (OPEC) as desirable, saying the current trend...
No Trouble Talking Oil with Saudis
Iran >> 2/11/2017 - Iran has no trouble for talks with Saudi Arabia in order to stabilize the oil market, stated Minister of Petroleum Bijan Zangeneh as he praises OPEC commitment to production cuts. ...
Iraq's Basra Oil Export Terminal Resumes Loadings after 24 hour Halt
Iraq >> 2/9/2017 - Iraq's main oil export terminal, off the southern city of Basra, resumed loading after a 24-hour halt because of work to install a new pipeline feeding the facility, an executive at state-run South Oi...
Middle East Oil Demand - January 2017
Middle East Oil Demand - January 2017 Iraq >> 2/7/2017 - Oil demand in Saudi Arabia dropped sharply in November by a massive 0.29 mb/d, or 12.0% y-o-y. As a result, total product consumption dropped as low as 2.16 mb/d, the lowest monthly total recorded for...
Latin America Oil Supply - January 2017
Latin America Oil Supply - January 2017 Brazil >> 2/2/2017 - Oil supply from Latin America is predicted to increase by 0.21 mb/d, to average 5.33 mb/d in 2017, despite declining in 2016. Brazil’s liquids supply is estimated to average 3.15 mb/d in 2016, an incr...
UAE Exports over 26mn barrels of Crude Oil to Japan
United Arab Emirates >> 1/31/2017 - Japan imported 26.097 million barrels of crude oil from the UAE in December 2016, according to the latest data released by the Agency of Energy and Natural Resource in Tokyo. ...
Forecast for 2017 Balance of Supply and Demand - January 2017
Forecast for 2017 Balance of Supply and Demand - January 2017 Austria >> 1/30/2017 - For 2017, demand for OPEC crude is projected to increase by 0.9 mb/d to average 32.1 mb/d. The first and the second quarters are expected to increase by 1.6 mb/d and 0.4 mb/d, respectively, while the ...
Japan Imports Iranian Major Condensate Cargo
Iran >> 1/28/2017 - Japan has started importing Iranian condensate – a form of ultra light oil - from two newly launched phases of the countrys giant South Pars gas field. ...

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