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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. ...
Rosneft Signs Contract with Indian Oil for Oil Supply
Rosneft Signs Contract with Indian Oil for Oil Supply India >> 2/5/2020 - Rosneft Oil Company and Indian Oil Corporation Limited (IOCL) signed a contract to supply up to 2 million tonnes of oil to India via the port of Novorossiysk by the end of 2020. ...
Lekoil Updates on Otakikpo Operations
Nigeria >> 1/27/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces, on behalf of the Otakikpo Joint Venture ("Otakikpo JV") which is made up of Green Energy ...
NOC Declares Force Majeure after LNA Blockades Oil Exports from Ports
Libya >> 1/18/2020 - The LNA General Command and the Petroleum Facilities Guard of the Central and Eastern Regions have instructed the managements of Sirte Oil Company, Harouge Oil Operations, Waha Oil Company, Zueitina ...
NOC Condemns Calls to Blockade Oil Facilities
Libya >> 1/17/2020 - The board of directors of the National Oil Corporation (NOC) strongly condemns calls to blockade oil ports ahead of the Berlin Conference on Sunday. ...

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