US bill to foist sanctions on Russian oil, gas sectorsFebruary 18, 2019 // 1 CommentThe US congress is introducing a bill that would impose strict measures against the oil and gas sector of Russia. The [...]
Qatar Petroleum, Marubeni clinch 5-year light naphtha salesFebruary 15, 2019 // 2 CommentsA 5-year agreement has been signed by the Qatar Petroleum on behalf of Qatar Petroleum for the Sale of Petroleum Products [...]
Opec cuts, US sanctions spur sour crude pricesFebruary 14, 2019 // 3 CommentsDubai and DME Oman, Middle East oil benchmarks, have pushed prices above Brent crude as US sanctions on Venezuela and Iran [...]
ADNOC fills up 50% of India’s strategic oil storageFebruary 14, 2019 // 3 CommentsAbu Dhabi National Oil Company (ADNOC) signed an agreement to fill up half of the crude oil storage at Padur in Karnataka. [...]
Oil minister promises clean cooking fuel to all households in IndiaFebruary 11, 2019 // 0 CommentsIndian Oil Minister Dharmendra Pradhan announced that the government would soon connect all households with clean cooking [...]
Victory for US not yet in sight amid oil shipments to ChinaFebruary 8, 2019 // 1 CommentChina will receive its first US oil shipments after the two countries declared trade war last year. The 500,000 barrels per [...]
PTTEP wins first Mideast project with UAE dealFebruary 6, 2019 // 3 CommentsThailand’s PTT Exploration & Production wins its first Middle East project as it signs agreement with Italian energy [...]
Italy, Greece snub Iran oil despite US exemption grantFebruary 6, 2019 // 3 CommentsIran’s oil minister Bijan Zanganeh expressed his dismay towards Greece and Italy for not buying its oil despite US [...]
KBR clinches contract for Saudi refinery debottlenecking projectFebruary 6, 2019 // 3 CommentsA debottlenecking project is awarded to KBR by SATORP (a joint venture of Saudi Aramco and Total) in Saudi Arabia. The [...]
Adnoc awards onshore concessions to US energy firmFebruary 4, 2019 // 2 CommentsAn onshore block is awarded by the State-owned Abu Dhabi National Oil Company (Adnoc) to Occidental Petroleum for US$244 [...]