Oil

Tags - Oil
Danish marine fuel supplier Monjasa has started supplying 0.5pc sulphur marine fuel oil in west Africa.
News ID: 7318   Publish Date : 2019/11/08

Lacklustre results in Brazil's transfer-of-rights (TOR) offer and pre-salt auction on November 6-7 are raising questions about bonus pricing, its production-sharing contract (PSC) terms and state-controlled Petrobras' first-right mandate.
News ID: 7315   Publish Date : 2019/11/08

Brazil's former president Luiz Inácio Lula da Silva left prison this afternoon, firing up his traditional popular base that opposes Brazil's broad opening to private-sector oil investment.
News ID: 7311   Publish Date : 2019/11/08

Oilfield services company Baker Hughes said its facilities that were seized yesterday by a local mayor in Zulia state for alleged municipal tax evasion have returned to regular operations.
News ID: 7310   Publish Date : 2019/11/09

Venezuela's state-owned PdV is making a another bid to extend its operating lease for a refinery and deepwater terminal in the Dutch-controlled island of Curacao.
News ID: 7293   Publish Date : 2019/11/05

Light crude service on a planned reversal of the 1.2mn b/d Capline pipeline from Patoka, Illinois, to St James, Louisiana, will be delayed because of the timing of a connecting project.
News ID: 7292   Publish Date : 2019/11/05

Indian state-controlled refiner IOC is expected to increase production in the coming months at its new 700,000 t/yr polypropylene (PP) plant at Paradip in east India's Odisha state.
News ID: 7290   Publish Date : 2019/11/06

Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA)’s energy committee says 32 European small and medium-sized enterprises (SMEs) have expressed readiness for participation in Iran’s oil and gas projects.
News ID: 7277   Publish Date : 2019/11/04

National Iranian Oil Products Distribution Company (NIOPDC) is going to offer 20,000 tons of kerosene at the international ring of Iran Energy Exchange (IRENEX) on Monday, ISNA reported.
News ID: 7270   Publish Date : 2019/11/02

Spokesman of Iranian Oil, Gas and Petrochemical Products Exporters' Union (OPEX) said the country continues exporting oil products to Iraq despite the unrest in the Arab country, IRNA reported.
News ID: 7262   Publish Date : 2019/11/01

National Iranian Oil Company (NIOC)’s representative in Iran Energy Exchange (IRENEX) said that the company will continue offering oil at IRENEX after a few week of hiatus due to technical problems.
News ID: 7254   Publish Date : 2019/10/30

Tondgouyan Petrochemical Company, the largest supplier of PET in Iran, has recorded a superb performance in the first 7 months of the current local calendar year (March 21-October 22) with an output at 103% of its nameplate capacity.
News ID: 7243   Publish Date : 2019/11/05

Oil Minister Bijan Namdar Zanganeh was quoted as saying Monday that he expects further production cuts to be announced at the next meeting of the Organization of the Petroleum Exporting Countries in December.
News ID: 7236   Publish Date : 2019/11/04

Opec anticipates a global refining surplus of nearly 4mn b/d in 2024, a substantial increase from the excess it flagged a year ago, and it has more than doubled the amount of refinery capacity it expects will close as a result.
News ID: 7231   Publish Date : 2019/11/05

Bogota, 4 November (Argus) ? A group of bondholders is urging the White House to untie its hands in an increasingly acrimonious struggle with Venezuela's political opposition over US refiner Citgo, the Opec country's most valuable international asset.
News ID: 7229   Publish Date : 2019/11/04

London, 5 November (Argus) ? Non-Opec crude supply will grow in excess of global oil demand in the next five years, driven by higher US output, Opec said in its World Oil Outlook (WOO).
News ID: 7226   Publish Date : 2019/11/05

A new gas field with 13,000 billion cubic feet of recoverable reserve and 385 million barrels of condensate, valued at $40 billion, has been discovered in Fars province, southern Iran.
News ID: 7211   Publish Date : 2019/10/13

Production of oil from West Karoun oilfields is expected to increase by 10,000 barrels per day (bpd) by the end of the current Iranian calendar year (March 19, 2020), IRNA reported on Thursday, quoting an oil official as saying.
News ID: 7202   Publish Date : 2019/10/11

Platform SPD-24B, which is the last platform of the phases 22, 23, 24 of developing South Pars gas field (in the Persian Gulf), was loaded at Sadra yard in the southwestern province of Bushehr on Thursday.
News ID: 7199   Publish Date : 2019/10/11

The director of the National Iranian Oil Company (NIOC)'s Discovery Department has announced the discovering of new oil and gas fields in the country, IRIB reported on Wednesday.
News ID: 7194   Publish Date : 2019/10/08