Production from at least one Libyan oil field has also been disrupted by a dispute over security guards’ pay.
Read More »Maduro to Recover 70 Percent of Oil Output Decline
Venezuela’s oil production dropped by nearly 13 percent last year.
Read More »Russia Remains China`s Top Oil Supplier
In 2017. U.S. shipments. which benefited from OPEC-led supply cuts. averaged about 153.000 bpd.
Read More »Saudi Oil Minister: Oil Market is Rebalancing
Many agencies have documented the decline in inventories.
Read More »NOC Declares Force Majeure on 70.000 bpd El Feel Oilfield
The field is operated by a joint venture between state-owned NOC and Italy’s Eni.
Read More »Falih Hopes OPEC. Allies will Ease Output Cuts in 2019
OPEC and non-OPEC members were committed to bringing stability and to balancing the market.
Read More »Petronas Signs First Term LNG Supply Deal in India
etronas has signed a sale and purchase agreement to supply LNG to H-Energy Mideast DMCC (HEMD).
Read More »Global Oil Demand in 2018 Forecast to Grow 1.6 Million bpd
Global oil demand for 2018 is estimated to grow 1.6 million barrels per day.
Read More »Iran Increase Freight Discount to Boost Oil Sales to India
The freight discount offered by Iran will translate to a discount of up to $1 a barrel. one of the sources told Reuters.
Read More »In Trump’s First Year. U.S Doubles Solar Investments Abroad
OPIC is a self-funded government agency whose website says it aims to advance ``U.S. foreign policy and national security priorities.
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