Petroleum

Tags - Petroleum
Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.
News ID: 4899    Publish Date : 2019/06/25

Afire broke that broke out at a petroleum storing facility in Shahid Rajaee port in southern Hormozgan Province on Wednesday has been extinguished.
News ID: 4781    Publish Date : 2019/06/09

Russia will carefully consider extending its oil output reduction agreement with the Organization of the Petroleum Exporting Countries and other producers, Russian First Deputy Prime Minister Anton Siluanov told Reuters on Wednesday.
News ID: 4674    Publish Date : 2019/05/30

France’s Total is seeking to sell part of its stake in Kazakhstan’s giant Kashagan oilfield to raise up to $4 billion, four banking sources said.
News ID: 4658    Publish Date : 2019/05/28

Iran is due to offer 10,000 tons of light naphtha, 2,000 tons of heavy naphtha and large cargoes of petrochemical products to domestic buyers through its energy bourse on Sunday, in a direct sale to bypass the US unilateral sanctions.
News ID: 4599    Publish Date : 2019/05/20

SteelMint learned in conversation with industry participants that after booking actively during last week, Pakistan scrap importers have slowed down purchases since past couple of days.
News ID: 4214    Publish Date : 2019/04/07

A global agreement between the OPEС and non-OPEC countries on oil production cuts could be easily extended, Iran’s Oil Minister Bijan Namdar Zanganeh said in Russia.
News ID: 4209    Publish Date : 2019/04/06

US crude oil production hit a record 12 million bpd in the week ending February 22, rising by 100,000 bpd from 11.9 million bpd in the previous week, the weekly US Energy Information Administration petroleum data showed as American production is growing faster than forecasts suggested a few months ago.
News ID: 3722    Publish Date : 2019/02/24

Japanese refiners are seeking clarity on whether there will be an extension to the 180-day sanctions waiver from Washington in March, as they hope to continue buying Iranian oil without any disruption, Petroleum Association of Japan's president Takashi Tsukioka said Friday.
News ID: 3711    Publish Date : 2019/02/23

India’s Hindustan Petroleum Corporation Limited could buy 0.9 million tons of Iran oil in its 2018/19 financial year, said Vinod S Shenoy, the company’s director of refineries.
News ID: 3586    Publish Date : 2019/02/07

Iran’s Minister of Petroleum Bijan Zangeneh said Tuesday the country’s recoverable oil stood at 160 billion barrels.
News ID: 3562    Publish Date : 2019/02/05

Exxon and Qatar Petroleum will proceed with a $10 billion expansion of their Golden Pass liquefied natural gas import terminal in Texas to turn it into an export facility as well, Reuters reports, citing source familiar with the matter.
News ID: 3540    Publish Date : 2019/02/04

US crude exports to Asia are set to swell over March and April as a drop in freight rates makes US cargoes more competitive against barrels from Asia or the Middle East, according to market participants and shipping fixtures Friday.
News ID: 3539    Publish Date : 2019/02/04

Gas reserves in the Middle East can create opportunities for employment, business and peacemaking, according to Egypt's petroleum minister.
News ID: 3505    Publish Date : 2019/01/31

Chinese state-owned oil major Sinopec sank as much as 5% in stock markets last week following reports of massive losses from petroleum contracts and the suspension of two executives.
News ID: 3139    Publish Date : 2019/01/02

Japanese refiners will start buying Iranian crude oil in January, but will only continue buying until March to make sure they don’t get on the bad side of Washington in case the 180-day sanction waivers are not extended, S&P Global Platts reports, citing the head of the country’s Petroleum Association.
News ID: 2911    Publish Date : 2018/12/15

Iranian President Hassan Rouhani lauded the recent resistance shown by the member-states of the Organization of the Petroleum Exporting Countries in their recent meeting in Vienna against Washington's pressures, and described OPEC's stance as another failure for the US.
News ID: 2878    Publish Date : 2018/12/10

A member of the Iranian parliament said the outcome of the 175th meeting of members of the Organization of the Petroleum Exporting Countries (OPEC) was a victory for Iran’s petroleum diplomacy.
News ID: 2875    Publish Date : 2018/12/10

Iran’s envoy to the Organization of the Petroleum Exporting Countries (OPEC) warned that global oil prices would slump to $40 a barrel without a significant cut in the output of OPEC and its allies.
News ID: 2812    Publish Date : 2018/12/05

Turkey’s foreign minister objected to the Trump administration’s demand that it slash imports of Iranian petroleum products in six months, arguing that the time frame is too tight given his country’s reliance on its neighbor for energy supplies.
News ID: 2720    Publish Date : 2018/11/27

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