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Oil & Gas
Fire Broke Out at Iran’s Oil Refinery, Raises Further Suspicions of Saudi Retaliation
“The refinery’s fire department contained the fire and prevented it from spreading to other units,” state broadcaster IRIB said on its website, referring to
Oil & Gas
Russia Sells Crude Oil at Record Premiums
Soaring freight rates in the past two weeks prompted Asian buyers to bid up for cargoes that ship over shorter distances such as oil from Russia.
Oil & Gas
Iran Releases Photos of Damage to Tanker Attacked in Red Sea
The National Iranian Tanker Co. released photos of damage to the hull of the Sabiti oil tanker, hit in an alleged missile attack off the coast of Saudi Arabia i
Oil & Gas
Iran Awards Contracts to Push Ahead with Major Oil Pipeline Project
Iran has awarded contracts to three domestic engineering firms for manufacturing giant pumping devices needed for a major pipeline project that would transfer I
Oil & Gas
Iran on Full alert to protect oil facilities from possible attacks
Iran’s oil minister, Bijan Namdar Zangeneh, has ordered his country’s energy sector to raise its alert levels against cyber and military attacks that could ta
Oil & Gas
Brazil Environment: Vast Oil Spill Hits Dozens of Beaches
Brazilian officials are investigating the source of a vast oil spill that has hit dozens of beaches along the country's north-eastern coast. The spill has been
Oil & Gas
More Than 100 Oil Spills Detected off Brazilian Coast This Month
Brazil's main environmental agency said it has detected 105 crude oil spills from an undetermined source polluting the waters of the country’s north east coast
Oil & Gas
Brazil says Oil in Spill Along Northeast Beaches Not Brazilian
Brazil’s environmental agency Ibama said on Thursday that an analysis of a vast oil spill along the country’s northeastern beaches showed the spilled crude di
Oil & Gas
Kenya Exports Its First-Ever Barrel of Oil to China
Kenya exported its first-ever batch of crude oil Monday, with President Uhuru Kenyatta declaring the shipment of 200,000 barrels a "special moment" in the count
Oil & Gas
Oil Prices held Steady After the Energy Information Administration
Oil prices held steady on Wednesday morning after the Energy Information Administration today reported a draw of 2.7 million barrels in crude oil inventories.
Oil & Gas
BP and Glencore are Struggling to Sell Around Tainted Russian Oil
BP and Glencore are struggling to sell around 600,000 tonnes of tainted Russian oil more than three months after the contamination was discovered, according to
Oil & Gas
How Much Crude Oil Has The World Really Consumed?
The Energy Information Administration (EIA) estimates that the world consumed 96.92 million barrels per day in 2016, with the top 10 consumers accounting for 60
Oil & Gas
US Crude Oil Inventories Fell , as Refinery Runs Remained High
US crude oil inventories likely fell 2.7 million barrels last week, as refinery runs remained high, an S&P Global Platts analysis showed Monday.
Oil & Gas
Pertamina Says Oil Spill Recovery will Take Until at Least March Next Year
Clean-up efforts after an oil spill from a well in Indonesia’s Java Sea will take until at least March next year, state energy firm Pertamina said on Thursday
Oil & Gas
The Extension of the OPEC+ Oil Production Cuts will Impact the Economies of Arab
The extension of the OPEC+ oil production cuts into 2020 will impact the economies of the key Arab oil producers, according to a quarterly Reuters poll of 30 ec
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