Federica Mogherini, the European Union’s foreign policy chief, said a so-called "Special Purpose Vehicle" under consideration to facilitate trade with Iran could be in place “before November”.
News ID: 2296 Publish Date : 2018/09/29
Oil prices are likely to climb continuously into next year, as concerns over drops in supply from the likes of Iran and Venezuela outweigh any worry that global trade disputes could undermine demand, a Reuter's poll showed on Friday.
News ID: 2295 Publish Date : 2018/09/29
India is committed to buying Iranian oil and continuing the bilateral economic cooperation, the foreign minister said Thursday after a meeting with his Indian counterpart and ahead of US sanctions aimed at halting Tehran’s oil exports.
News ID: 2294 Publish Date : 2018/09/29
The Asian jet fuel/kerosene spot market was boosted by record high travel demand in the US during the summer, and cash differentials were in positive territory.
News ID: 2293 Publish Date : 2018/09/28
China's Qingdao Port International is confident that crude imports by Shandong-based independent refiners in 2019 will remain stable from 2018, dispelling concerns that independent refiners may be slowing their operations in response to increased competition and tighter tax regulations, the company's general manager, Liu Jin, told S&P Global Platts on the sidelines of the Asia Pacific Petroleum Conference in Singapore this week.
News ID: 2288 Publish Date : 2018/09/27
South Korea's crude oil imports from Iran tumbled in August with the November deadline for US sanctions on Tehran approaching fast, while shipments from the US and Algeria rose sharply as Seoul continues to seek alternative sources, industry officials said Thursday.
News ID: 2287 Publish Date : 2018/09/27
Australia-based petroleum producer and LNG exporter Santos plans to almost double its current production level to more than 100 million barrels of oil equivalent by 2025, helped by its acquisition of Quadrant Energy including the Dorado oil discovery, and higher output from three LNG projects it has interests in, the company said Wednesday.
News ID: 2286 Publish Date : 2018/09/27
OPEC Secretary-General Mohammad Barkindo called for cooperation between OPEC and non-OPEC countries, warning that failure to do so could lead to one crisis after another.
News ID: 2283 Publish Date : 2018/09/27
Turkey will continue to purchase Iran's natural gas, despite the US sanctions on Tehran, President Recep Tayyip Erdogan noted while in New York attending the annual United Nations General Assembly meeting on Tuesday.
News ID: 2282 Publish Date : 2018/09/27
Iranian Oil Minister Bijan Namdar Zanganeh hit back at US President Donald Trump over his remarks on the Organization of the Petroleum Exporting Countries (OPEC) and said the blame for recent hikes in oil prices lies with Trump, himself.
News ID: 2280 Publish Date : 2018/09/26
The ICE Brent/WTI spread widened during mid-morning trading as a steep decline in refinery utilization weighed on US crude oil futures.
News ID: 2279 Publish Date : 2018/09/26
The UK should consider setting up a centralized stock holding agency to combat the risk posed by Brexit to collaboration with the EU on holding emergency oil stocks, the UK's fuel lobby group has said.
News ID: 2278 Publish Date : 2018/09/26
Swedish-owned Lundind Petroleum announce Tuesday "excellent" results from production testing at its Alta discovery in the Norwegian Barents Sea, raising hopes the country could eventually have as many as four Arctic oil hubs.
News ID: 2269 Publish Date : 2018/09/25
In a speech before the United Nations, US President Donald Trump took aim at OPEC for increasing global oil prices while benefiting from US military security.
News ID: 2266 Publish Date : 2018/09/25
Iranian Oil Minister Bijan Namdar Zanganeh made assurances that the US administration can never drive the Islamic Republic’s crude exports down to zero.
News ID: 2249 Publish Date : 2018/09/24
US President Donald Trump's tweeting habits are lifting oil prices, and he should stop posting on social media to alleviate the spike in prices, according to an Iranian official.
News ID: 2248 Publish Date : 2018/09/24
An OPEC and non-OPEC monitoring committee found that oil producers’ compliance with a supply-reduction agreement reached 129% in August,two committee delegates said on Saturday.
News ID: 2237 Publish Date : 2018/09/23
Iran's LPG shipments loaded, or due for lifting, in September dipped to 356,000 million tons ahead of new US sanctions in November, after hitting 568,000 million tons last month, the highest since previous western sanctions for its nuclear plan were lifted in January 2016, fixtures from shipping sources showed.
News ID: 2236 Publish Date : 2018/09/23
Iran's OPEC Governor Hossein Kazempour Ardebili said not much is left of OPEC's international credibility as an organization thanks to the measures taken by such members as Saudi Arabia and the UAE against other founding members like Iran.
News ID: 2218 Publish Date : 2018/09/21
Royal Dutch Shell announced on Monday plans to limit emissions of methane, a potent greenhouse gas, across its oil and gas operations.
News ID: 2217 Publish Date : 2018/09/21
