Several Russian banks are already subject to U.S. and European Union sanctions.
Read More »Russian-Flagged VF Tanker-20 Discharged 6.000 tonnes of Turkmen Oil in Iran
The average daily swap was 90.000 bpd in 2009. which Iran planned to raise to 300.000 by 2015.
Read More »Qatargas Delivers First Q-Max Cargo to Thailand
Q-Max vessels can carry up to 266.000 cubic metres of LNG and are 80 percent larger than the conventional LNG vessels.
Read More »Rosneft Delivered 129.000 Tons of Liquefied Natural Gas to Egypt
Rosneft is one of the international firms involved in the exploration and exploitation of Egypt’s Zohr gas field.
Read More »Neka Port Gets First Oil Swap Cargo in 7 Years
The company moved about 80 percent of the crude it pumps from its 44.000-45.000 barrels per day field through the swap deal.
Read More »Europe`s Biggest Oil Refinery Plans to Restart Key Unit
Shell will try to restart a crude distillation unit at the Pernis refinery in Rotterdam.
Read More »Ice-Class LNG Carrier Completes Northern Sea Route Transit
The start of LNG shipments through the NSR with the Arc 7 ice-class tanker will help to increase cargo turnovers and develop navigation in the Arctic ocean.
Read More »Libya Supply Drives OPEC Output to a 2017 high
Oil production has risen amid efforts to shift excess supplies.
Read More »Mitsui & Co. Novatek and Sumitomo Join SEA LNG
Novatek is one of Russia’s largest independent producers of natural gas.
Read More »Aramco Increase Prices of Light Oil to Asia
The move is a sign that the market in the region is tightening.
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