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One of the aims of Sonatrach’s new venture would be to supply crude to the Italian refinery.
Read More »Algeria in Talks with Oil Majors to Start Trading Venture
Mike Muller. Former Shell Oil Trading Boss Joins Vitol
Vitol is seen as one of the largest crude traders in the North Sea.
Read More »Vitol. Glencore. Shell Eye Petrobras’ Nigerian Assets
The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras that owns stakes in two major Nigerian offshore oil blocks.
Read More »Sonatrach Focus on Petrochemicals
Algeria spent $2 billion on imports of refined products 2017.
Read More »Aramco Considers to Become One of World`s Biggest Oil Traders
Saudi oil giant plans to trade as much as 6 million barrels a day.
Read More »Russia`s Rosneft Important Role in Fixing Iraqi Kurdistan Oil Flows
Baghdad says only SOMO has the right to export Iraqi crude.
Read More »U.S. Shale Oil. an Intractable Problem
U.S. shale production is going to continue growing strongly.
Read More »Despite Oversupply Concerns. LNG Prices Remain Strong
China raised its imports of the fuel by 50 percent last year to around 38 million metric tons.
Read More »300.000 Bpd Offline as Kurdistan Conflict Continues
The situation is complicated and likely to continue until the dust from the Kurdistan independence referendum settles.
Read More »China`s CEFC Eyes Big League with Rosneft Oil Offtake Deal
ESPO is one of the most actively traded crude oils in Asia. and is popular among Chinese refiners.
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