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Oil & Gas Trade
Kazakhstan Exports 52.2 Million Tonnes of Oil in First 9 Months
For 9 months of this year, Kazakhstan produced 64.7 million tonnes of oil and condensate, which is 0.5% higher than the planned figure.
Crude Oil
Libya’s Central Banks Wants To Lift Oil Output To 1.7 Million Bpd
The governor of the Libyan central bank has called for the increase of oil production to 1.7 million bpd as soon as possible as the country’s economy continues…
Oil & Gas Trade
Iraq Boosts Oil Exports Despite OPEC+ Pledges
Despite promises to keep in line with the OPEC+ pact, Iraq – OPEC’s second-largest producer and biggest laggard in implementing the cuts – slightly raised it…
Oil & Gas Trade
Iraqi Oil Ministry Denies Deal to Up Oil Exports
Iraq's oil ministry on Thursday denied a media report citing Oil Minister Ihsan Abdul Jabbar as saying an agreement was imminent with the OPEC+ group to increas…
Iran
Iran Launches Phase 1 of Qeshm Oil Export Terminal
Iranian president Hassan Rohani has inaugurated the first phase of a new oil export terminal on Iran's Qeshm island, at the mouth of the Gulf of Oman.
Oil & Gas Trade
US Sanctions Chinese, UAE Firms Skirting Iran Oil Embargo
The United States on Thursday imposed sanctions against 11 Iranian, Chinese and United Arab Emirates companies accused of helping to bypass the American embargo…
Oil & Gas Trade
Libya Set To Export First Crude From Oil Ports Since January
Two tankers will be the first since January this year to load oil for export at the Libyan port of Brega, citing unidentified source in the know.
Oil & Gas Trade
Iraq Cuts Oil Exports in August, Pumps Below OPEC+ Target
Iraq's crude oil exports have fallen so far in August, according to shipping data and industry sources
Oil & Gas Trade
U.S. Oil Exports to China Soar 139% in July
U.S. crude oil exports to China grew by 139 percent on the year in July thanks to bargain hunting among Chinese buyers, making the U.S. the fifth-largest suppli…
Oil Field
Kazakhstan Reduces Production of Oil and Condensate by 1.4%
Oil and condensate production decreased by 1.4% in seven months of 2020.
Oil & Gas Trade
Iran Moves from Oil to Petrochemicals in Export
Country launches 3 major petrochemical projects worth $1.6B to boost non-oil revenue.
Oil & Gas Trade
Libya's Oil Blockade Will Help Clear the Global Supply Glut
Libya's port blockade is set to keep the North African country's oil off the market until at least the fourth quarter of 2020
Oil & Gas Trade
Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May
The value of Saudi Arabia’s oil exports dropped by 65% year-on-year in May, or a fall of nearly $12 billion, official data showed on Thursday.
Saudi Arabia
Saudi Arabia’s Oil Exports Fall 65% in May, WTI Regains $42
Citing official data, Oil exports from Saudi Arabia, the OPEC’s top producer, fell by 44,277 million riyals (USD12 billion) or 65.0% in May 2020.
Oil & Gas Trade
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
“What you will see is most shipowners and insurance and captains are simply going to turn away from Venezuela,”
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