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HOYER Supports the Definition of Digital Standards in the Transport Industry
Germany >> 10/8/2019 - HOYER supports efforts to improve the supply chain’s transparency by defining common standards between different suppliers. To achieve this, the internationally operating logistics specialist for liqu...
PEDEC Pursuing Oil Project in Makran, West Karoon Regions
Iran >> 7/30/2019 - The National Iranian Oil Company (in line with the National Resilience Economy Plan) is pursuing enhancement of crude oil production capacity in West Karoon joint oilfields, construction of the Goreh-...
Gazprom Neft Increases Arctic Oil Supplies to Europe
Russia >> 7/10/2019 - Total cumulative exports of ARCO and Novy Port oil, produced by Gazprom Neft at its Prirazlomonoye and Novoportovskoye fields, have now reached 30 million tonnes. The landmark consignment, shipped in ...
Oil Cargo from Draugen
Norway >> 7/2/2019 - The Teekay shuttle tanker «Grena Knutsen» unloaded 855 628 bbls of oil from the Draugen field for OKEA and Neptune the 25th of June. OKEA holds 729 769 bbls of this cargo which is sold to Shell Tradin...
India to Receive Millions of Barrels of Iranian Oil within a Month
India >> 5/11/2019 - Indian refiners are about to get two very large crude carriers carrying 4 million barrels of Iranian oil this month - one each at Paradip in the east and Kochi in the west, Reuters reported. ...
China's Iran Oil Imports Grow to Eight-Month High
Iran >> 5/11/2019 - China’s oil imports from Iran climbed to the highest in eight months in April which saw countries stock on Iranian crude before exemptions from US sanctions expired, new tanker data shows. ...
China Condemns US Plan to Stop Waivers for Iran Oil Imports
Iran >> 4/23/2019 - China has slammed US plans to tell it and other countries to stop buying Iranian oil or face sanctions, saying Beijing's cooperation with Tehran is in accordance with law. ...
ADNOC Signs New Long-Term Agreement for Base Oil Sales into India
United Arab Emirates >> 4/23/2019 - The Abu Dhabi National Oil Company (ADNOC) has signed another significant long-term sales agreement with an important end-user consumer - the Indian Oil Corporation (IndianOil) - for its high-quality ...
ADNOC Signs New Long-Term Agreement for Base Oil Sales into China
China >> 4/2/2019 - The Abu Dhabi National Oil Company (ADNOC) announced, today, that it has concluded a significant long-term sales agreement with the Xiamen Sinolook Oil Co. Ltd., of China, for its high-quality base oi...
Lukoil Supplies 10 Million Tonnes of Oil from Filanovsky Field to CPC System
Russia >> 3/14/2019 - LUKOIL has reached another milestone with ten million tonnes of oil supplied from its Vladimir Filanovsky field to the Caspian Pipeline Consortium (CPC) system. LUKOIL constructed a system of subsea a...
Reliance Halts Diluents Export to Venezuela, not Raised Oil Buying
Venezuela >> 3/13/2019 - India’s Reliance Industries Ltd, operator of the world’s biggest refining complex, said it had halted supply of diluents to Venezuela’s national oil company PDVSA and will not resume such sales until ...
First Post Acquisition Crude Oil Lifting from Tunisia
Tunisia >> 3/11/2019 - Panoro Energy ASA is pleased to provide an update on lifting operations in Tunisia. The first cargo of approximately 151,000 barrels of Rhemoura blend crude oil has been lifted from La Skhirra Termina...
Rosneft Develops Unique Technical Oil
Russia >> 3/11/2019 - Specialists of Rosneft United Research and Development Centre (part of the corporate R&D complex of Rosneft) together with LLC RN-Lubricants (a subsidiary of Rosneft) have developed and patented a met...
Oil Falls on U.S. Inventory Build, Shale Oil Output Forecasts
Austria >> 3/6/2019 - Oil prices fell on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly U.S. crude stockpiles outweighed OPEC-led production cuts. ...
Crude Oil Prices Rebound
Austria >> 2/26/2019 - Oil prices rose after a report of declining crude inventories in the country and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump. ...
YANOS Increases 2018 Refining Volumes to Reach 15.7 Million Tonnes
Russia >> 2/25/2019 - JSC Slavneft-YANOS increased refining volumes by 1.5 percent in 2018, to 15.7 million tonnes of oil (mt), making it one of the top three largest refineries in Russia. Light product yield was also up 1...
Production Crude Handling Agreement for Ugo-Ocha Offshore Terminal
Nigeria >> 2/11/2019 - Sirius Petroleum, the Nigeria-focused oil and gas development and production company, is pleased to announce that it has entered into a Crude Handling Agreement (“CHA”), in line with the Company’s com...
Oil Price Swings & Trump's Sanctions
Austria >> 2/6/2019 - During just six months crude oil prices ripped higher by about 20 percent, plunged more than 40 percent and snapped back 25 percent, an intense volatility that analysts warn could be the new normal in...
USA’s Sanctions Against Venezuela Make a New Strike
Venezuela >> 1/30/2019 - Oil prices rose on Jan. 29 after Washington imposed sanctions on state-owned Venezuelan oil company PDVSA in a move likely to curb the OPEC member’s crude exports, but gains were capped by abundant su...
Saudi's Falih Sees No Impact on Oil Markets from Venezuela Turmoil
Saudi Arabia >> 1/28/2019 - Political turmoil in Venezuela has so far had zero impact on global oil markets, Russia’s RIA news agency cited Saudi Arabia’s Energy Minister Khalid al-Falih as saying. ...

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