Oil News

DOE Announces Contract Awards for Crude Oil Sales
United States >> 9/10/2021 - The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management announced that contracts have been awarded from the recent Congressionally-mandated Strategic Petroleum Reserve (SPR...
DOE Authorizes Second Exxon Strategic Petroleum Reserve Exchange
United States >> 9/9/2021 - The Department of Energy authorized the Strategic Petroleum Reserve (SPR) to conduct a second exchange with ExxonMobil Baton Rouge for an additional 1,500,000 barrels of crude oil.?With the release of...
PIS & PIMD Cooperate with Low Sulfur Fuel Oil Trading in Singapore
Indonesia >> 8/13/2021 - Pertamina International Shipping Pte Ltd (PISPL) and Pertamina International Marketing and Distribution Pte Ltd (PIMD) have established a strategic partnership to optimize the VLCC PIS PIONEER vessel ...
Jask Diversifying Iran Oil Export Markets
Iran >> 8/10/2021 - The first phase of implementation of crude oil export from Jask Port is starting against the backdrop of Iranian officials realizing their dream of diversity in the crude oil export markets, as well a...
Belarus Is Not Going to Impose Sanctions against Ukraine
Ukraine >> 8/9/2021 - Belarus is not going to impose sanctions against Ukraine, Belarusian President Aleksandr Lukashenko said at the Big Conversation with the President, a meeting with the public, experts and media commun...
NGL Energy Announces 2021 Open Season for Grand Mesa Pipeline
United States >> 7/9/2021 - NGL Energy Partners LP (NGL) (“Partnership” or “NGL”) is pleased to announce that a binding open season will start today, July 9, 2021 at 8:00 am Central Daylight Time for its wholly owned affiliate G...
Zenith Energy Announces Sale of Tunisian Oil Production
Tunisia >> 7/8/2021 - Zenith Energy Ltd. ("Zenith") (ZENA), the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announce that it has agreed an intern...
SONATRACH & PERTAMINA Sign MoU to Strengthen Their Strategic Collaboration
SONATRACH & PERTAMINA Sign MoU to Strengthen Their Strategic Collaboration Algeria >> 6/28/2021 - SONATRACH and its Indonesian partner PERTAMINA strengthen their relationship by signing a Memorandum of Understanding. The two companies have agreed to continue their strategic collaboration to increa...
NIOC Announces Crude Oil Delivery Starts from Goreh to Jask
Iran >> 5/19/2021 - The CEO of the National Iranian Oil Company (NIOC) announced the start of the operation to send crude oil from Goreh to Jask. ...
VAALCO Enters Into Additional Crude Oil Derivative Contracts
Gabon >> 5/11/2021 - VAALCO Energy, Inc. has entered into crude oil commodity swap agreements for a total of 672,533 barrels at a Dated Brent weighted average price of $66.51 per barrel for the period from and including M...
PetroChina & China Post Signed a Product Oil Supply Agreement
China >> 4/20/2021 - PetroChina and China Post signed a product oil supply agreement in Beijing and jointly held a working meeting on oil cooperation promotion, aiming to implement the strategic cooperation signed by the ...
DOE Announces Notice of Sale of Crude Oil from the Strategic Petroleum Reserve
United States >> 4/16/2021 - The U.S. Department of Energy’s (DOE) Office of Fossil Energy (FE) announced a Notice of Sale of crude oil from the Strategic Petroleum Reserve (SPR).

DOE intends to sell up to nine million...
PetroTal Announces Oil Sales and Risk Management Update
Brazil >> 3/31/2021 - PetroTal Corp. is pleased to announce the second export of Bretana crude oil into the Atlantic region through Brazil and the execution of crude oil price derivative contracts. All currency amounts are...
Agreement between PEMEX & the Mexican Association of Petroleum Companies
Mexico >> 3/18/2021 - Petroleos Mexicanos (PEMEX) and the Asociacion Mexicana de Empresas del Sector Petrolero AC (AMESPAC), since September 2020, have been working together to optimize payment and financing schemes for th...
PKN ORLEN Signed an Oil Supply Reduction Contract with Rosneft
Poland >> 3/16/2021 - ?PKN ORLEN has signed an oil supply contract with Rosneft, with the monthly contract volume amounting to 300,000 tonnes of oil, as agreed with the Russian partners during negotiations. The volume redu...
Oil Market is Unchanging Currently
Iran >> 3/6/2021 - Iran’s Minister of Petroleum, Bijan Zangeneh, said after the 14th OPEC and non-OPEC Ministerial Meeting held on Thursday via video conference that there is stability in oil market at present. ...
Alexander Novak Takes Part in the 14th OPEC & non-OPEC Ministerial Meeting
Russia >> 3/5/2021 - Following consultations via videoconference, the ministers of producing countries decided to maintain the current March production levels for April, while Russia will be able to increase oil productio...
Prax Agrees Exclusive Crude Oil Supply Arrangement with Trafigura
United Kingdom >> 3/1/2021 - The Prax Group, a leading independent oil refining, trading, storage, distribution and retail conglomerate dealing in petroleum products and bio-fuels, has announced that it has completed an exclusive...
A New Era of Export Oil Operations in Kuwait
Kuwait >> 2/24/2021 - Taking the operations of one of the Middle East’s biggest upstream projects into a new era, our Lower Fars heavy oil development project team has completed the successful integration of Kuwait Oil Com...
DOE Announces Crude Oil Sale Notice from the Strategic Petroleum Reserve
United States >> 2/11/2021 - The U.S. Department of Energy’s (DOE) Office of Fossil Energy announced a Notice of Sale of crude oil from the Strategic Petroleum Reserve (SPR). ...

Coal Electricity General Natural Gas Oil
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.