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Crude
Crude
Small Amount of Oil Spilt Off Taranaki Coast
Floating production, storage and offloading ship The Umuroa has spilt a "small amount" of oil into the Tasman Sea off the coast of Taranaki. s
Crude
Russia Wants Condensate Removed from OPEC Deal
Russian energy minister Alexander Novak said Wednesday he wants new volumes of gas condensate to be excluded from Russia’s quota as part of its oil output pact…
Crude
Who benefits from Syria's oil?
President Donald Trump says he expects the United States to benefit by millions of dollars per month from Syria's oil revenues while US troops remain in the cou…
Crude
Russia Plans To Boost Crude Oil Exports
Russia expects to increase its crude oil exports by around 400,000 bpd-500,000 bpd to more than 5.6 million bpd within five years, Energy Minister Alexander Nov…
Crude
Russia Sent 17.8% Less Crude Oil to Germany in Jan-Sept
Russia reduced exports of crude oil to Germany in the year to September by 17.8%, still reflecting a halt in the Druzhba pipeline between April and June due to …
Crude
China Oct Refinery Output Rises 9.2% from Year Ago to Second-Highest Ever
China’s crude oil throughput in October rose 9.2% from a year earlier to the second-highest on record, as refineries in the world’s second-biggest oil consume…
Oil & Gas Trade
China to Remain a Battle Ground for Saudi Aramco, Russian Crude Suppliers
China has been relying heavily on Saudi Arabia and Russia for its refinery feedstock requirements over the recent years, with both producers constantly switchin…
Oil&Gas Drilling
Iran’s president: New oil field found with over 50B barrels
Iran has discovered a new oil field containing 53 billion barrels of crude, President Hassan Rouhani said Sunday, a find that would increase Iran's proven reser…
Crude
Equinor Finds New North Sea oil well, Norway's Oil Boom Is Backing
“After a string of recent discoveries, 2019 is shaping up to be the most successful exploration year since 2014 on the Norwegian Continental Shelf (NCS).”
Crude
Brazil Oil Auction Flops as Most Foreign Players Stay Away
Brazil’s largest-ever auction of oil deposits flopped, after state-controlled Petroleo Brasileiro SA scooped up two of the blocks while the remaining two went …
Crude
Brazil doesn't yet Know How Much Oil has been Spilled on the Atlantic Ocean
The oil, which began washing up along Brazil’s coast in August, has hit over 300 beaches in nine states of Northeast, many of them popular tourist spots.
Saudi Aramco: From ‘Prosperity Well' to Energy Behemoth
It has since grown into the world's largest and most profitable company, generating 10 percent of global crude supplies and trillions of dollars in income.
Crude
Russia: US Smuggling Syrian Oil Worth $30 million a Month
Russia has slammed President Donald Trump's plan to deploy troops into Syrian oil fields as “criminal activity,” accusing the US of seeking to smuggle out oil…
Oil Price
Oil Price can Never Get to above $100 per Barrel in Our Lifetime
Speaking as a guest lecturer at the first convocation ceremony of Edo University, Iyamho, Edo State, Emefiele said, “oil price can never get to above $100 per …
Oil&Gas Drilling
Russia’s Oil Output Still Exceeds OPEC+ Cap Even as Gap Narrows
Russia’s average daily oil production remained above its OPEC+ target in October, though the compliance gap is the narrowest since the Druzhba crude-contaminat…
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