Crude Oil News

Weather Halts Iraq Basra Oil Exports
Iraq >> 7/8/2012 - Bad weather stopped crude exports from Iraq's southern Basra terminals, a shipping source and an oil official said. ...
Kenya Cancels Iranian Crude Oil Deal
Kenya Cancels Iranian Crude Oil Deal Kenya >> 7/4/2012 - Kenya is cancelling an agreement to import 4 million tonnes of Iranian crude oil per year because of international sanctions against Iran, its top energy official said. Kenya's move earlier this week ...
Kenya Agrees to Buy Iran Oil, Silent on Sanctions
Kenya Agrees to Buy Iran Oil, Silent on Sanctions Kenya >> 7/2/2012 - Kenya has agreed to import 4 million tonnes of Iranian crude oil per year, a senior Kenyan energy official said. Patrick Nyoike, permanent secretary at the energy ministry, said the two governments si...
SOCAR Oil Products and Crude Oil Export (June 2012)
SOCAR Oil Products and Crude Oil Export (June 2012) Azerbaijan >> 7/2/2012 - SOCAR Marketing and Economic Operations Department exported 7 thousand 689 tons of petrol, 75 thousand 214 tons of diesel fuel, and 3 thousand 843 tons of aircraft gasoline in June 2012. In general, 4...
Oil Near $91, Up from 18-Month Low
Egypt >> 6/24/2012 - Brent oil futures closed about 2 per cent higher near $91 a barrel on Friday as it rebounded on bargain hunting after prices earlier fell to an 18-month low and U.S. crude futures rose in reaction to ...
Angola's Oil Exports Set to Rise 14.5% in August
Angola >> 6/18/2012 - Angola is set to export 1.81 million barrels of crude oil per day (bpd) in August, up about 14.5 percent from July, a provisional loading schedule showed, which traders said could depress futures pric...
Japan Targets Iraq & Arctic for Oil & Gas Development
Iraq >> 6/14/2012 - The Japanese government plans to step up Japanese development of crude oil and natural gas in Iraq, the Arctic and other regions it has been slow to exploit, under a new strategy for securing natural ...
Nigeria's Sahara Pumps 1st Oil, Expands Trade East
Nigeria >> 6/9/2012 - Sahara Group has started pumping its first crude oil and plans to expand trading activities in the Middle East and Asia, the chief executive of its trading division said, as the centre of world oil de...
Seaway Pipeline Makes 1st Delivery of Crude Oil to Texas
United States >> 6/6/2012 - Enterprise Products Partners L.P. and Enbridge Inc. announced that the initial volumes of crude oil through the Seaway Pipeline were delivered to the Jones Creek facility, near Freeport, Texas, today ...
South Africa to Replace Iranian Crude with Nigerian
South Africa >> 5/24/2012 - South Africa is looking to source more oil from Nigeria, its deputy president said, suggesting Pretoria is moving to cut crude imports from Iran to avoid looming U.S. sanctions. Africa's biggest econo...
Jordan Tenders for Aqaba Oil Port, Needs More Fuel
Jordan >> 5/23/2012 - Jordan is inviting international contractors to prequalify for a crude oil and products terminal at its Red Sea port of Aqaba, its energy ministry said. Bombings in Egypt of a natural gas export pipel...
Seaway Crude Oil Pipeline Begins First Flow
United States >> 5/19/2012 - Enterprise Products Partners L.P. and Enbridge Inc. announced that the Seaway Pipeline began accepting crude oil at Cushing, Oklahoma for delivery to the U.S. Gulf Coast. ...
EGPC Issues Crude Oil Import Tender
Egypt >> 5/18/2012 - Egypt General Petroleum Corporation (EGPC) has issued a tender to import three cargoes of Middle East crude oil between July and September, a tender document showed. EGPC is seeking one cargo of betwe...
Iraq’s April Crude Oil Exports Rose to Highest in Decades
Iraq >> 5/1/2012 - Iraq boosted crude oil exports in April to an average of 2.51 million barrels a day, the highest level “in decades,” the head of the State Oil Marketing Organization said. Crude exports rose 8.3 perce...
Nigeria Extends Term Crude Deadline
Nigeria >> 4/30/2012 - Nigerian National Petroleum Corp (NNPC) has extended the deadline for companies to submit applications for 2012-2013 crude oil term contracts to May 11 from April 5. ...
Iraq Says Crude Exports Via Turkey are Halted by Fault
Iraq >> 4/22/2012 - Iraq halted crude exports from northern oil fields because of a technical fault at a pipeline network in neighboring Turkey, the Oil Ministry said. The crude oil exports stopped, the ministry said in ...
Libyan Oil Exports to Total 40 Million Barrels in May
Libya >> 4/16/2012 - Libyan crude oil exports are expected to amount to 40 million barrels in May, or 1.29 million barrels per day (bpd), a senior official at Libya's state-owned National Oil Corporation (NOC) said on Mon...
Saudi to Supply Full Crude Oil Volume to Asia in May
Saudi Arabia >> 4/9/2012 - Saudi Arabian Oil Co., the region’s largest supplier, will provide full contracted volumes to customers in Asia during May, according to four buyers at refineries in South Korea, Japan and Singapore w...
Egypt Halts Tanker with Syrian Oil for Payment Fees
Egypt Halts Tanker with Syrian Oil for Payment Fees Egypt >> 4/3/2012 - An Iranian tanker carrying Syrian crude oil is being held in Egyptian waters because it has not paid the Suez Canal Authority the fees required for passage, the Egyptian authority said on Monday. "Its...
Iraq Oil Exports Reach 2.3m bpd
Iraq >> 4/2/2012 - Iraq's crude oil exports rose to 2.317 million barrels per day (bpd) in March from 2.014 million bpd in February, the head of the State Oil Marketing Organization (SOMO) said. ...

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