Crude Oil News
| Japan >> 5/24/2024 - ENEOS Corporation (ENEOS) and Preferred Networks, Inc. (PFN)
announced that they started continuous autonomous operation of an atmospheric
distillation unit for processing crude oil in January 2024.... |
| United States >> 5/7/2024 - CME Group, the world's leading derivatives marketplace, today announced that it will expand its suite of short-term WTI Crude Oil options to include Tuesday and Thursday expiries, pending regulatory r... |
| China >> 10/31/2023 - China Petroleum International Co., Ltd. officially completed the country’s first international crude oil cross-border digital RMB settlement transaction. This was also the country’s first internationa... |
| United States >> 6/27/2023 - CME Group, the world's leading derivatives marketplace, today announced plans to expand WTI Crude Oil options to include Monday and Wednesday expiries. Pending regulatory review, the new contracts wil... |
| United States >> 5/2/2023 - Platts Dated Brent – the world's most widely-used physical crude oil benchmark -- today began reflecting US WTI Midland crude oil as part of the basket of deliverable grades. This step comp... |
| Iraq >> 6/1/2022 - The Ministry of Oil announced the total exports and revenues achieved last May, according to preliminary statistics issued by the Iraqi oil marketing company, where the total amount of exports of crud... |
| Azerbaijan >> 9/25/2019 - SOCAR Turkey held a ceremony for two new facilities in Special Industrial Zone of Aliaga. While inaugurating one of the facilities that will increase the STAR Refinery’s storage capacity for crude oil... |
| Saudi Arabia >> 6/26/2019 - Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy sec... |
| Iran >> 2/6/2019 - Iran’s Minister of Petroleum Bijan Zangeneh said Tuesday the country’s recoverable oil stood at 160 billion barrels. ... |
| Thailand >> 12/14/2018 - Tap Oil Limited has announced that a new offtake agreement has been signed in relation to the marketing of crude from the Manora oil field, offshore Thailand, at a slightly improved price premium to c... |
| 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. ... |
| 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, ... |
| 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 >> 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... |
| 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 >> 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 >> 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... |
| 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... |
| 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... |
| 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... |
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