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OPEC Launches 2020 Edition of the World Oil Outlook
OPEC Launches 2020 Edition of the World Oil Outlook Austria >> 10/8/2020 - The 2020 OPEC World Oil Outlook (WOO) was launched in Vienna, Austria, providing the OPEC Secretariat’s in-depth look at the unprecedented scale and impact of the COVID-19 pandemic on the global energ...
Jadestone Announces New Stag Offtake Arrangements
Singapore >> 9/3/2020 - Jadestone Energy Inc, an independent oil and gas production company focused on the Asia Pacific region, announces new offtake arrangements for its Stag oilfield. ...
Commodity Hedge Program
Thailand >> 9/2/2020 - Tap Oil Limited has entered into additional commodity hedge contracts with BP Singapore Pte Limited (“BPS”) to cover the scheduled September and October 2020 Manora crude oil lifting. ...
Commodity Hedge Program
Thailand >> 8/17/2020 - Tap Oil Limited has entered into further commodity hedge contracts with BP Singapore Pte Limited (“BPS”) to cover the scheduled November 2020 Manora crude oil lifting. Details regarding the 45,000 bar...
NOC Reports Revenues for June 2020
Libya >> 7/28/2020 - The National Oil Corporation (NOC) reported crude oil, gas (propane and butane) and condensates export revenues of US$45,552,578.87 million for June, the lowest recorded this year. No revenues were ea...
President Exports Oil from Argentina for the First Time
Argentina >> 7/27/2020 - President Energy (PPC), the energy company with a diverse portfolio of production and exploration assets focused primarily in Argentina provides an update on sales of oil from its Rio Negro fields in ...
NOC Condemns Renewed Blockade of Libyan Oil Exports
Libya >> 7/12/2020 - Libya’s National Oil Corporation (NOC) condemns unreservedly the renewed blockade on Libyan oil exports, and calls for the states responsible to be held to account by the United Nations Security Counc...
NOC Lifts Force Majeure on Oil Exports
Libya >> 7/10/2020 - National Oil Corporation (NOC) has lifted force majeure on all oil exports from Libya. The first vessel to load is the Kriti Bastion from Es Sider oil port.
Petrobras on Fuel Oil Exports
Brazil >> 6/5/2020 - Petrobras reports that it exported 1.11 million tons of fuel oil in May, surpassing the previous record set in February 2020 by 10%. The amount of fuel oil exported was 231% higher than the volume...
Chevron Oil Cargo Tangled in U.S. Sanctions on Venezuela
United States >> 6/5/2020 - Adamant Maritime Ltd, the owner of very large crude-oil carrier (VLCC) Seahero was sanctioned by the U.S. Department of Treasury for carrying a Venezuelan cargo in February. The vessel is heading to A...
Tullow Suspends Kenyan Oil Export Program
Kenya >> 6/2/2020 - Tullow Oil’s export and testing of Kenya’s crude under a pilot plan ended June 2, as timelines for development in the East African nation slowed. The contract for trucking crude from northern Kenya to...
Gazprom Neft Increases Jet Fuel Sales in the Q1 of 2020
Russia >> 5/27/2020 - Gazpromneft-Aero, the aviation fuel operator subsidiary of Gazprom Neft, reports a 1.5% year-on-year increase in jet fuel sales in the first quarter of 2020 to 856,000 tonnes. ...
Over 100 thousand tons of Crude Oil from Skogul in Norway This Year
Norway >> 5/25/2020 - Production of crude oil and natural gas from a field within licence area PL460 in the North Sea started in March this year. Hydrocarbon reserves attributable to PGNiG Upstream Norway amount to approxi...
Panoro Energy Provides Operations and Corporate Update
Tunisia >> 5/4/2020 - Panoro Energy (Panoro) is pleased to provide a corporate update in conjunction with the publication of its 2019 annual report released on 30 April 2020. ...
Petrobras Reaches Oil Export Record in April
Brazil >> 5/4/2020 - Petrobras informs that it exported 1 million barrels of oil per day in April. This represents a new oil export record and contributes to strengthening the company's cash flow. The previous record was ...
Moda Midstream Completes 10 Million Barrel Crude Oil Storage Expansion at its Texas Facilities
United States >> 4/28/2020 - Liquids terminaling and logistics provider Moda Midstream, LLC (Moda) announced it has placed into service the final 495,000 barrel tank from its 10 million barrel crude oil expansions at the Moda Ing...
OPEC & Non-OPEC Reaches Deal to Cut Oil Production by 9.7 mb/d
Austria >> 4/12/2020 - The 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via videoconference,12 April 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy...
Opec+ Is Capable of Unleashing 2.5M Extra Bpd on the Market
Saudi Arabia >> 3/11/2020 - Oil prices could fall into the low $20s for the global market to rebalance, as Rystad Energy expects an increase in global supplies in the next three months. OPEC+ countries are locked and loaded to a...
Global Oil Demand Growth Evaporates Because of Coronavirus
China >> 2/11/2020 - The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both at a domestic and an international level, reducing demand for oil, which has lost ab...
Oil Slides Lower as Traders Evaluate China's Demand, Await OPEC+ Cuts
China >> 2/9/2020 - Oil prices slipped lower on Monday as traders assessed China’s oil demand following the coronavirus outbreak and waited to see if major producers will cut output further to balance markets. ...

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