Libya reopens As-Sarah oil fieldsJanuary 22, 2018 // 2 CommentsLibya’s National Oil Corporation, NOC, announced recently that the eastern As-Sarah oil fields has reopened. Previously, [...]
Vitol reaches US$530 million deal with Nigeria’s Shoreline to finance oilfield in exchange for oil accessJanuary 19, 2018 // 0 CommentsVitol, the European trading house, has reached a US$530 million deal with Nigeria’s Shoreline to finance an oilfield in [...]
Venezuela’s oil output sank to decades low in 2017January 19, 2018 // 3 CommentsAccording to figures released by the OPEC recently, oil production in Venezuela plummeted nearly 13 % last years, hitting a [...]
Sadara to supply feedstock to new Saudi/German jvJanuary 17, 2018 // 3 CommentsSadara, the joint venture between Saudi Aramco and Dow Chemical, has signed a supply agreement with SADIG-ILCO, a new [...]
Anger among Malaysian farmers as EU plans to curb palm oil importsJanuary 17, 2018 // 2 CommentsHundreds of Malaysian palm oil farmers gathered in the capital city of Kuala Lumpur recently to protest a push by European [...]
Burning Iranian oil tanker Sanchi finally sinksJanuary 15, 2018 // 4 CommentsA burning Iranian oil tanker that had drifted into Japan’s exclusive economic zone has sunk after a collision on January [...]
More oil from Algeria sent to Cuba as Venezuelan supplies fallJanuary 12, 2018 // 1 CommentState energy firm Sonatrach recently said that Algeria sent 2.1 million barrels of crude oil to Cuba last year and will ship [...]
11 men charged with oil-theft at Shell’s refineryJanuary 10, 2018 // 2 CommentsEleven men were charged in a Singapore court recently in connection with a large-scale oil theft at Shell’s biggest [...]
Iranian oil tanker still ablaze after collision off China’s coastJanuary 8, 2018 // 3 CommentsA tanker carrying Iranian oil that collided with a Chinese freight ship in the East China Sea over the weekend was still [...]
U.S. Energy department to invest US$30 million to boost fossil fuels outputJanuary 5, 2018 // 1 CommentSix small U.S. oil and natural gas drilling projects will receive about US$30 million in federal funding for research and [...]