Oil News

DOE Announces Notice of Sale of Crude Oil from the Strategic Petroleum Reserve
United States >> 5/24/2022 - The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced an additional Notice of Sale of up to 40.1 million barrels of crude oil from the Strategic Petroleu...
Petroecuador Agrees Additional Crude Sale to Marathon Petroleum
Ecuador >> 5/5/2022 - Petroecuador will sell an additional 720,000 barrels of Oriente crude to Marathon Petroleum Supply LLC , under a larger contract awarded last month. The U.S. refiner won a tender for 7.92 million barr...
Golden Eagle, Piper & Claymore Owners Renew exporting Oil to Flotta Terminal
United Kingdom >> 4/18/2022 - Repsol Sinopec Resources UK Limited today announced that the Golden Eagle, Piper and Claymore field owners have executed new agreements reaffirming their commitment to export produced oil to the Flott...
Eni Offloads & Exports 1st Oil Cargo from MIAMTE MV34 FPSO in Mexico
Mexico >> 4/14/2022 - The first cargo from MIAMTE FPSO (Floating Production, Storage and Offloading), operating at the Miztón, Amoca and Tecoalli fields in Area 1, Gulf of Mexico, was successfully offloaded and exported to...
EU Agrees Fifth Package of Restrictive Measures against Russia
Ukraine >> 4/8/2022 - The European Commission welcomes today's agreement by the Council to adopt a fifth package of restrictive measures against Putin's regime in response to its brutal aggression against Ukraine and its p...
IEA Confirms Member Country Contributions to 2nd Collective Action to Release Oil Stocks
Russia >> 4/7/2022 - Following an agreement on 1 April by IEA member countries for a new emergency release of oil stocks, the IEA Governing Board confirmed that the total amount committed to date stands at 120 million bar...
ICE Announces Second Expiry in ICE Midland WTI American Gulf Coast Futures
United States >> 3/24/2022 - Intercontinental Exchange, Inc., a leading global provider of data, technology, and market infrastructure, announced that ICE Midland WTI American Gulf Coast futures (contract code: HOU) went to its s...
Decklar Signs Crude Handling Agreement and Provides Update on Nigerian Oil Export Operations
Nigeria >> 3/24/2022 - - Decklar and its co-venturer Millenium Oil & Gas Company Limited (“Millenium”) have signed a crude handling agreement with Umugini Pipeline Infrastructure Limited (“UPIL”), whereby oil produced at th...
TotalEnergies to Stop Purchasing Oil & Petroleum Products from Russia
Russia >> 3/22/2022 - After the serious and unfounded accusations of "complicity in war crimes" leveled against TotalEnergies, the Company shares with its stakeholders its principles of conduct regarding its Russian relate...
Pure Extracts Exports First Shipment of Cannabis Oil Extracts to German Pharma Company
Canada >> 3/16/2022 - Pure Extracts Technologies Corp, a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased to announce that it has succes...
President Energy Announces Positive Production Sales
Argentina >> 3/15/2022 - President Energy (PPC), the international energy company provides an update and information regarding Production Sales.

President is pleased to re...
Phillips 66 Responds to Ukraine Conflict
Ukraine >> 3/10/2022 - Phillips 66 continues to comply with expanding sanctions against Russia and is committing $1 million to Ukraine relief efforts. ...
OEUK Responds to Russia Oil Ban
Russia >> 3/8/2022 - Offshore Energies UK (OEUK), the leading trade association for the offshore energy industry has reiterated its commitment to working with the Government to ensure security of energy supply across the ...
API Statement on US Ban of Russian Crude Oil & Refined Products
Russia >> 3/8/2022 - American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement following an announcement from the White House to ban imports of Russian crude oil and refined products...
Neste Mostly Replaced Russian Crude Oil with Other Crudes
Russia >> 3/1/2022 - The European business community has been united in condemning the invasion of Ukraine by Russia. We have a common concern about the situation.

Due to the current situati...
15 Percent of the Transhipment in Rotterdam is Russia-Related
Russia >> 2/24/2022 - 62 million tons of the almost 470 million transhipment in the port of Rotterdam is Russia-oriented. Via the port of Rotterdam, many energy carriers are imported from Russia. Broadly speaking, at prese...
Rosneft & CNPC Strengthen Oil Supply Cooperation
Rosneft & CNPC Strengthen Oil Supply Cooperation China >> 2/4/2022 - During the visit of the delegation headed by the President of the Russian Federation Vladimir Putin to Beijing (PRC), negotiations were held between PJSC Rosneft Oil Company and China National Petrole...
Iran Resume Oil Exports from Lavan Island
Iran >> 1/30/2022 - The Single Buoy Mooring (SBM) of Lavan region returned to normal in the presence of the CEO of the Iranian Offshore Oil Company (IOOC), bringing crude oil exports from the island back to normal. ...
Zenith Energy Announces Update on planned sale of Tunisian Oil Production
Tunisia >> 1/26/2022 - Zenith Energy Ltd. ("Zenith") (ZENA) is pleased to provide an update on its next planned international crude lifting of oil production from its Tunisian portfolio. The lifting is scheduled for April 2...
LUKOIL Finishes Construction of Two Filling Stations at M-11 “Neva” Highway
Russia >> 12/20/2021 - ?PJSC LUKOIL, together with the concession holder for the head section of the M11 "Neva" highway – North-West Concession Company LLC (NWCC) – and with support of Russia Highways State Company (Avtodor...

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