Energy Commodities News

New Naphta Agreement with Braskem
Brazil >> 12/23/2015 - Petrobras informs that its Executive Board approved a new long term naphtha supply agreement with Braskem, for the amount of 7 million ton/year. The contract has five years duration and rate of 102.1%...
Nigeria Awards New Crude for Product Swap Deals to 4 Refiners
Nigeria >> 12/18/2015 - Nigerian state oil firm NNPC will award new crude for oil products swap agreements to Total , Varo Energy, Cepsa and ENI, the head of its crude marketing unit said. ...
Mexico Plans to Join International Energy Agency
Mexico >> 11/16/2015 - Mexican Secretary of Energy Pedro Joaquin Coldwell presented International Energy Agency (IEA) Executive Director Fatih Birol with an official letter declaring Mexico’s interest in becoming an IEA mem...
Oil Ministers of Russia and Venezuela Discussed OPEC Cooperation
Venezuela >> 10/8/2015 - People’s Minister of Petroleum and Mining and President of Petroleos de Venezuela, SA (PDVSA) Eulogio Del Pino, had a phone conversation with his Russian counterpart, Alexander Novak, on the cooperati...
JICA Signs Japanese ODA Loan Agreement with the Republic of Mozambique
Mozambique >> 6/12/2015 - On June 11, the Japan International Cooperation Agency (JICA) signed a Japanese ODA loan agreement with the Government of the Republic of Mozambique in Maputo to provide up to 29.235 billion yen for t...
Universal & Sembcorp Form Partnership for West Africa LNG Development
Nigeria >> 5/12/2015 - Universal LNG Holdings Inc. is proud to announce the formation and launch of the West Africa LNG Development, LLC, a ground-breaking solution partnership between Universal LNG Holdings, Inc., and Semb...
Chile's Oil Firm Puts Ecuador Projects on Hold after Price Slump
Ecuador >> 5/3/2015 - Chile's state oil company ENAP has decided to postpone projects in the Ecuadorian Amazon because of the global crude price collapse, a local newspaper reported on Sunday, citing the company's chief ex...
Prime Minister H.E. Abdullah Ensour Confirms his Attendance at JIES Summit
Jordan >> 4/30/2015 - The Prime Minister of Jordan will deliver the key-note speech on the opening of the Jordan International Energy Summit which is taking place on 19-20 May in Amman. The Prime Minister leads a fi...
Record Number Sign-Up For All-Energy 2015 as Registration Opens
Scotland >> 3/23/2015 - Well over 500 people from over 20 countries registered to attend All-Energy, the UK’s largest renewable and sustainable energy exhibition and conference, on the very first day that online registration...
Majlis Approves Boosting Oil Revenues by $4.3b in National Budget
Iran >> 2/21/2015 - The Iranian parliament (Majlis) approved boosting the share of revenues from oil and gas condensate exports by 150 trillion rials (about $4.384 billion) in the national budget for Iranian calendar yea...
Urals Fall in North, Kirkuk Repairs Start
Iraq >> 5/23/2014 - Russian medium sour Urals prices fell in Northwest Europe on 23 May 2014 while Iraqi Kirkuk could return to the market in June as repairmen have started fixing the pipeline to Turkey. ...
Mexico Congress OKs Political Reform
Mexico >> 5/16/2014 - Mexico's Congress early gave final approval to a political reform bill that will help clear the way for the passage of legislation needed to implement a major energy reform. ...
Iraq Oil Exports Reached 2.512 Million bpd in April
Iraq >> 5/1/2014 - Iraq's monthly oil exports reached 2.512 million barrels per day(bpd) in April, Iraq's oil ministry spokesman said. Exports rose from 2.139 million bpd in March, ministry spokesman Asim Jihad said, ...
KPC to Supply Indonesia with Petroleum Coke
Kuwait >> 4/29/2014 - Kuwait Petroleum Corporation (KPC), the state-owned entity responsible for Kuwait's hydrocarbon interests throughout the world, has signed a contract with Indonesia's PT. Yosomulyo Jajag to supply the...
Commodity Markets - April 14
Austria >> 4/10/2014 - Commodity markets continued with differing trading patterns in March, but the general trend has been one of decline. With the exception of nickel, tin, gold, grains and, to some extent, agricultural...
Commodity Markets - Mar 14
Austria >> 3/12/2014 - Commodity markets have experienced accentuated and different trading patterns since the beginning of the year. In the past years, during the commodity supercycle, prices have been driven by strong e...

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