oil

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Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when US sanctions on Iran were reimposed, trading and shipping sources said.
News ID: 3215    Publish Date : 2019/01/10

Suncor Energy (TSX:SU), Canada's largest oil and gas producer by market cap, said Monday it expected overall production to increase by about 13% in the fourth quarter of 2018, thanks to higher output from its majority-owned Syncrude oil sands project in northern Alberta.
News ID: 3200    Publish Date : 2019/01/08

Iranian Deputy Oil Minister for international affairs and commerce Amir-Hossein Zamani-Nia said the number of potential buyers of Iran’s oil has increased despite US threats of sanctions.
News ID: 3165    Publish Date : 2019/01/05

India's Finance Ministry exempted rupee payments made to the National Iranian Oil Company (NIOC) for crude imports from hefty taxes.
News ID: 3127    Publish Date : 2019/01/01

Iranian Oil Minister Bijan Zangeneh ruled out that the country's companies are facing problems in exporting crude due to the unilateral sanctions imposed by the US against Tehran.
News ID: 3080    Publish Date : 2018/12/26

The Iranian Ministry of Petroleum (MOP) has planned to vet the qualifications of Iranian companies cleared as E&P firms to develop oil and gas projects.
News ID: 3069    Publish Date : 2018/12/25

Several foreign companies have shown interest in purchasing Iran's oil via the exchange market, Managing director of Iran's Energy Exchange Seyed Ali Hosseini said.
News ID: 3045    Publish Date : 2018/12/23

The number of new oil and gas projects will rise five-fold next year from a 2015 trough but overall spending is still unlikely to be enough to meet future demand, consultancy Wood Mackenzie said in a report.
News ID: 2966    Publish Date : 2018/12/18

After flooding the US market in recent months, Saudi Arabia plans to slash exports to the world’s largest oil market in the coming weeks in an effort to dampen visible build-ups in crude inventories.
News ID: 2948    Publish Date : 2018/12/17

Russia exported 36.65 million barrels less crude oil in the first ten months of the year, not least because of its participation in the OPEC+ pact to reduce global supply.
News ID: 2947    Publish Date : 2018/12/17

OPEC may be about to succeed by accident, again. Unplanned supply losses from members Iran and Venezuela could effectively double the intended cutback of 800,000 bpd OPEC pledged last week, according to the International Energy Agency, Bloomberg reported.
News ID: 2932    Publish Date : 2018/12/16

German exports to Iran soared in October, a month before the United States reinstated a second wave of sanctions on the Islamic Republic to choke its oil and shipping industries, data seen by Reuters showed.
News ID: 2903    Publish Date : 2018/12/13

Oil rose to about $61 a barrel on Wednesday, supported by an industry report showing a drop in US crude inventories, a cut in Libyan exports and an OPEC-led deal to trim output.
News ID: 2901    Publish Date : 2018/12/13

Iranian President Hassan Rouhani stressed Washington's failure to prevent his country's oil exports, expressing pleasure that crude sales have even increased after the US sanctions.
News ID: 2886    Publish Date : 2018/12/11

Malaysia will extend its oil production cuts by another six months after the agreement between OPEC and other oil producers to reduce global supply ends this year.
News ID: 2871    Publish Date : 2018/12/10

Iran resumed its flow of gas exports to Iraq after a short period of pause in the stream due to pipeline repair operations.
News ID: 2865    Publish Date : 2018/12/09

China’s imports of crude oil hit a fresh monthly high in November, customs data showed on Saturday, beating the record set in October on heavy buying from private refiners and trial starts of new mega-refineries.
News ID: 2862    Publish Date : 2018/12/09

Iranian First Vice-President Eshaq Jahangiri reassured that Iran will support Japanese businesses and companies wishing to continue trade with Iran in the face of the US sanctions, adding that Tehran will even negotiate with Japanese partners for new solutions.
News ID: 2840    Publish Date : 2018/12/08

Iranian Oil Minister Bijan Zangeneh said Friday that Tehran would be exempt from the oil cuts within the production freeze deal of the Organization of the Petroleum Exporting Countries (OPEC) and non-cartel members.
News ID: 2838    Publish Date : 2018/12/08

Iranian Oil Minister Bijan Namdar Zanganeh said that Qatar was not one of the problematic oil producers in the OPEC, and called for more examination to find out why the Persian Gulf oil producer has decided to leave the organization.
News ID: 2819    Publish Date : 2018/12/06

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