Reuters poll: Malaysian palm oil stocks hit 9-month high October 9, 2017 // 1 Comment A recent poll by news agency Reuters have found that Malaysian palm oil stocks hit its 9-month high in September, reaching [...]
Import of Iranian crude oil by Asian buyers at five-month high October 2, 2017 // 1 Comment Asia’s imports of Iranian crude oil has hit a five-month oil since March. This is made possible by purchases by South [...]
Export monitoring mechanism to be discussed under OPEC oil cut deal September 22, 2017 // 0 Comments An oil export monitoring mechanism will be part of the discussions under the oil output cut framework deal between OPEC and [...]
UAE offers up to 20% stake in oilfield to Indian oil firms September 22, 2017 // 2 Comments The United Arab Emirates’ (UAE) Abu Dhabi National Oil Company (ADNOC) has offered up to 20% stake in its oilfield to [...]
Bangladesh signs LNG supply deal with Gunvor Singapore September 20, 2017 // 0 Comments Petro Bangla, a Bangladeshi government-owned national oil company, has signed a liquefied natural gas (LNG) supply agreement [...]
Iran to increase oil output to 4.5 mn bpd in five years, NIOC CEO says September 11, 2017 // 2 Comments Iran will be raising its oil production to reach 4.5 million barrels per day (bpd) within five years, said National Iranian [...]
Saudi Arabia to cut 350,000 barrels of crude oil allocation globally in October September 8, 2017 // 1 Comment Saudi Arabia will reduce its crude oil allocations to its customers all over the world in October, cutting 350,000 barrels [...]
Dow to increase ownership in Sadara to 50%; last of 26 plants commissioned August 29, 2017 // 3 Comments Dow Chemical Company and the Saudi Arabian Oil Company (Saudi Aramco) have signed a non-binding Memorandum of Understanding [...]
Bidding process for Saudi Aramco, SABIC joint chemicals project launched August 28, 2017 // 3 Comments The bidding process for the engineering work on the joint crude oil-to-chemicals project by Saudi Arabian national petroleum [...]
China remains as top destination for Oman’s crude oil exports in 2017 August 28, 2017 // 2 Comments China remained as the top destination for Oman’s crude oil exports during the first seven months of 2017, importing 132.67 [...]