Opec cuts, US sanctions spur sour crude prices February 14, 2019 // 3 Comments Dubai 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 storage February 14, 2019 // 3 Comments Abu 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 India February 11, 2019 // 0 Comments Indian 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 China February 8, 2019 // 1 Comment China 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 deal February 6, 2019 // 3 Comments Thailand’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 grant February 6, 2019 // 3 Comments Iran’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 project February 6, 2019 // 3 Comments A 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 firm February 4, 2019 // 2 Comments An onshore block is awarded by the State-owned Abu Dhabi National Oil Company (Adnoc) to Occidental Petroleum for US$244 [...]
Iraq and Jordan agree on oil, trade deals February 4, 2019 // 3 Comments Iraq and Jordan recently came to an agreement to boost oil trade between the two countries. Iraqi Prime Minister Adel Abdel [...]
Saudi Aramco,Total and Daelim signed MoU for new PIB facility February 4, 2019 // 3 Comments A Memorandum of Understanding (MoU) is signed between Saudi Aramco, with its partner Total, and Daelim, a South Korean [...]