Crude Oil News

China's CNPC Signs Contract to Build Second Pipeline for Russian Crude
China >> 6/26/2015 - Chinese state energy giant China National Petroleum Corporation has signed a construction contract for a second domestic pipeline to carry Russian crude oil from Mohe to Daqing, a company-run newspape...
Russia Says Chooses Trading Firms to Deal in Iranian Oil
Russia >> 6/24/2015 - Russia has already chosen trading companies as part of an agreement with Tehran to trade crude oil for goods, a Russian deputy energy minister Kirill Molodtsov said, declining to name them. ...
The Light Sweet/Medium Sour Crude Spread
The Light Sweet/Medium Sour Crude Spread Austria >> 6/24/2015 - Sweet/sour differentials widened slightly on the US Gulf Cost (USGC) and in Europe, while narrowing slightly in Asia. ...
SOCAR Crude Oil & Oil Products Export for May 2015
Azerbaijan >> 6/1/2015 - SOCAR Marketing and Economic Operations Department exported 93 thousand 491 tons of diesel fuel and 15 thousand 863 tons of aircraft gasoline in May 2015. In general, 480 thousand 632 tons of diesel f...
KNPC, Takreer & Leading Technology Companies will Gather in Abu Dhabi to Discuss Residue Upgrading
KNPC, Takreer & Leading Technology Companies will Gather in Abu Dhabi to Discuss Residue Upgrading United Arab Emirates >> 5/14/2015 - Abu Dhabi Oil Refining Company (Takreer) and Kuwait National Petroleum Company (KNPC) will present their residue upgrading projects at Euro Petroleum Consultant’s BBTC Middle East & Africa 2015 – Bott...
Mexico's Pemex Signs 5 Mln Barrel Crude Contract with Hyundai
South Korea >> 5/14/2015 - Mexican state oil company Pemex said it has signed a contract with South Korea's Hyundai to sell the company crude in the second half of this year. ...
Iran Plans to Raise Oil Output by Over 700,000 bpd
Iran >> 5/9/2015 - Managing director of National Iranian Oil Company says the country is planning to boost its crude oil production by over 700,000 barrels per day (bpd) through investing USD 20 billion in the sector. ...
Indonesian Energy Minister Seeks to Rejoin OPEC
Indonesia >> 5/7/2015 - Indonesia's energy minister said he would ask for President Joko Widodo's approval for the country to rejoin OPEC seven years after leaving the oil exporters' group. Indonesia was the only Asian membe...
Advanced Solutions for Efficient Crude Blending
Azerbaijan >> 5/4/2015 - Current economics, variations in the price of crude oils and shifting demand for distillates have forced refineries to reduce the cost of their distillation feedstock. Commonly, this is achieved by bl...
SOCAR Crude Oil & Oil Products Export for April 2015
Azerbaijan >> 5/4/2015 - SOCAR Marketing and Economic Operations Department exported 84 thousand 701 tons of crude oil from the Novorossiysk Port, 254 thousand 164 tons of crude oil from the Supsa Port, and 1 million 370 thou...
Oman's Crude Oil and Condensates Production Declines in March 2015
Oman >> 4/14/2015 - The Sultanate's crude oil and condensates production in March 2015 amounted to 30,275,413 barrels, an average of 976,626 barrels a day (bpd); a rise by 1.99% compared to February 2015 when calculating...
SOCAR Crude Oil & Oil Products Export for March 2015
Azerbaijan >> 4/1/2015 - SOCAR Marketing and Economic Operations Department exported 169 thousand 470 tons of crude oil from the Novorossiysk Port, 254 thousand 3 tons of crude oil from the Supsa Port, and 1 million 226 thous...
Oil & Rail Industries Develop Crude-by-Rail Safety Course for 1st Responders
United States >> 3/25/2015 - America’s oil and freight railroad industries have developed a new education module for first responders as part of a holistic effort to better prevent, mitigate and respond to derailments of trains c...
Uganda Issues Bid Notice for the Sale of Accumulated Test Crude
Uganda >> 3/23/2015 - Government has re-issued a Bid Notice inviting interested firms to purchase the accumulated test crude oil produced during well testing operations in the Albertine Graben. ...
SOCAR Oil Products & Crude Oil Export for November 2014
Azerbaijan >> 12/1/2014 - SOCAR Marketing and Economic Operations Department exported 60 thousand 477 tons of diesel fuel, 17 thousand 255 tons of aircraft gasoline, and 119 tons of stove oil in November 2014. ...
SOCAR Crude Oil Price in World Market for November 2014
Azerbaijan >> 12/1/2014 - In November 2014, price for Brent crude oil in the world market was $78,90 per barrel, Urals oil-$78,92, BTC FOB Ceyhan crude oil-$79,70. ...
SOCAR Oil Products & Crude Oil Export for October 2014
Azerbaijan >> 11/3/2014 - SOCAR Marketing and Economic Operations Department exported 113 thousand 101 tons of diesel fuel and 19 thousand 966 tons of aircraft gasoline in October 2014. In general, 9 thousand 332 tons of petro...
SOCAR Crude Oil & Oil Products Export for September 2014
Azerbaijan >> 10/1/2014 - SOCAR exported 84 thousand 796 tons of crude oil from the Novorossiysk Port, 253 thousand 829 tons of crude oil from the Supsa Port, and 1 million 725 thousand 423 tons of crude oil from the Ceyhan Po...
TAKREER and Leading Technology Companies will Participate in Residue Upgrading Conference
United Arab Emirates >> 9/29/2014 - Abu Dhabi Oil Refining Company Takreer will present at Euro Petroleum Consultants’ [EPC] upcoming event ‘BBTC MENA – Bottom of the Barrel Technology Conference’ in Abu Dhabi on 9 and 10 December 2014....
SOCAR Crude Oil & Oil Products Export for August 2014
Azerbaijan >> 9/2/2014 - SOCAR exported 84 thousand 760 tons of crude oil from the Novorossiysk Port, 242 thousand 76 tons of crude oil from the Supsa Port, and 1 million 942 thousand 635 tons of crude oil from the Ceyhan Por...

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