One bright spot for Iran is its first delivery of crude to Chile in at least 16 years.
Read More »Libya`s Two Biggest Oil Ports Shut as Fighting Resumes
Reports indicate that the Aframax tanker Minerva Lisa was due to pick up oil at Es Sider Thursday.
Read More »Global Crude Oil Demand Growth is Now Hostage to China. India
There is no immediate reason to expect lower crude oil demand growth in China and India.
Read More »Iran`s First Crude Shipment to Chile in 16 Years
The European Union sent a letter to the US Treasury on June 4 asking for exemptions from sanctions.
Read More »PDVSA Transfers Oil at Sea Despite Customer Doubt
The delivery method entails specialized equipment and training and higher costs for ship owners and customers.
Read More »Lukoil and KazMunayGaz to Explore Zhenis Field in Caspian Sea
The Russian oil company discusses entering into a new project with KazMunayGas.
Read More »Lukoil Plans to Invest $270 mln in Exploration at Kazakhstan
The two companies will establish a consortium after completing procedures needed for the agreement to enter force.
Read More »Iran Starts Oil Swap with Iraq’s Kirkuk
Last December. Iraq and Iran reached an agreement for oil swap for one year.
Read More »Rosneft Signs Agreements to Supply Gas to Ghana
The signed documents open a new stage in the development of cooperation between Russia and Ghana.
Read More »Chinese Firms Buy American Oil and Grains to Ease Tensions
Other Chinese refiners are looking to reconfigure their plants so they could buy and process U.S. oil. one trade source said.
Read More »