Spanish integrated firm Repsol received a further shipment of crude from Venezuela's state-owned PdV in July to cover outstanding receivables due from its Cardon IV gas joint venture with Italy's ENI in July.
News ID: 5452 Publish Date : 2019/07/24
A Mobile Oil Separator (MOS) has been launched in South Yaran Oilfield.
News ID: 5363 Publish Date : 2019/07/21
The National Iranian Oil Company (NIOC) announced on Sunday that it is due to offer 2 million barrels of crude oil in the international ring of the Iran Energy Exchange (IRENEX) on Tuesday, in a move to bypass Washington’s unilateral sanctions against Tehran.
News ID: 4947 Publish Date : 2019/06/30
Crude and condensate in long-term floating storage hit its highest since August 2017 in May at 24 million barrels, as US sanctions against Venezuela and Iran hindered the ability of the OPEC members to export, data from analytics firm Vortexa showed.
News ID: 4882 Publish Date : 2019/06/23
China, the top buyer of Iranian oil, dismissed Washington’s warning to Hong Kong that it could face penalties if it provides services to a vessel carrying Iranian oil headed for the autonomous territory, saying “normal energy dealings” with Tehran are in accordance with law and should be respected.
News ID: 4681 Publish Date : 2019/05/30
Russia’s crude oil production averaged 11.16 million bpd in the first twelve days of May, Oil Price reported on Tuesday, citing two industry sources, which means that Moscow is finally within its cap under the OPEC+ deal.
News ID: 4563 Publish Date : 2019/05/17
After Texas pushed the United States over the last decade to become the world’s biggest oil producer last year, the heart of the shale revolution is starting to show fatigue.
News ID: 4250 Publish Date : 2019/04/08
An official predicted that the US may extend a waiver for at least four of the eight nations that still import oil from Iran, stressing that Tehran should nonetheless look for unconventional methods to keep selling crude.
News ID: 3945 Publish Date : 2019/03/10
Japanese refiner Cosmo Oil will load around 900,000 barrels of Iranian Heavy crude oil in early March as local refiners are rushing to lift as much barrels from Iran during the current 180-day US sanctions waivers, sources with direct knowledge of the matter told S&P Global Platts Tuesday.
News ID: 3764 Publish Date : 2019/02/27
Iranian Foreign Minister Mohammad Javad Zarif underlined the dire impacts of oil sanctions against Tehran on the global market, saying that Washington will likely extend the waivers for certain countries to purchase Iranian crude.
News ID: 3762 Publish Date : 2019/02/26
Crude oil exports from Iraq’s southern ports on the Persian Gulf stand at around 3.565 million barrels per day so far in February, two oil executives told Reuters on Monday.
News ID: 3748 Publish Date : 2019/02/26
Iranian crude oil exports in January were higher than expected, while February shipments so far have been holding steady or even higher compared to last month, as several of Iran’s customers are using up their US sanction waivers to continue importing Iranian oil.
News ID: 3683 Publish Date : 2019/02/21
Japan's largest refiner JXTG Nippon Oil & Energy is set to resume loading of Iranian crude oil as early as Monday, almost three months after the US sanctions waiver was granted.
News ID: 3555 Publish Date : 2019/02/05
Exports of Russian ESPO Blend crude to China will continue to rise in 2019 as other Asia-Pacific refiners turn to alternative light crudes.
News ID: 3100 Publish Date : 2018/12/28
President Vladimir Putin said he discussed the price of oil with US counterpart Donald Trump when they met in Paris briefly on Sunday, adding that Russia is happy with current prices.
News ID: 2633 Publish Date : 2018/11/17
Despite the easing of sanctions, NITC tankers reportedly faced restrictions in berthing at European oil terminals until recently and foreign vessels carried Iran's crude to Europe
News ID: 883 Publish Date : 2017/01/20
Oil prices slipped on Monday, pressured by doubts that large oil producers will reduce production as promised and on expectations that US production would increase again this year.
News ID: 876 Publish Date : 2017/01/17