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Echo Energy Announce First Oil Export Cargo
Argentina >> 4/18/2018 - Echo Energy plc, the Latin American focused upstream oil and gas company, is pleased to announce that its first export cargo of oil was loaded from the Punta Loyola terminal, Rio Gallegos, on to the N...
Petrogress Announces Supply Agreement Expanding Operations into Ghana
Ghana >> 3/20/2018 - Petrogress, Inc. announces that its Petrogress Co. Limited (“PGL”) subsidiary has entered into a Partnership Agreement with Platon Gas Oil Ghana Limited, a limited liability company incorporated in Gh...
Iraq to Reduce Oil Products Imports by 25%
Iraq >> 3/12/2018 - Mr. Jabbar Ali Al-Luiebi the minister of oil ordered to reduce the importation of the oil Derivatives by 25% to save money to the federal budget. ...
PetroChina Is Said to Agree to 2018 Deal to Lift Libya Oil
Libya >> 3/1/2018 - PetroChina Co. agreed to an annual contract to buy Libyan crude after similar deals by oil majors like Royal Dutch Shell Plc and BP Plc, underscoring a recovery in the North African country’s producti...
Saudi Aramco to Supply Egyptian Refineries for 6 Months
Saudi Aramco to Supply Egyptian Refineries for 6 Months Egypt >> 3/1/2018 - Saudi Aramco, the world’s largest oil producer, agreed to supply Egyptian refineries with crude oil for six months, starting January 2018, Egypt’s Petroleum Minister Tarek El Molla told Reuters. ...
ADNOC Signs Agreement with Chemlube S.A. for Base Oil Sales in Europe
United Arab Emirates >> 2/22/2018 - The Abu Dhabi National Oil Company (ADNOC) has concluded an exclusive agreement with Chemlube S.A., appointing the Switzerland based company as the exclusive seller of its Group III Base Oil product i...
BP and Energean Extend Long-Term Offtake Agreement for Prinos Field
Greece >> 2/12/2018 - Energean Oil & Gas is pleased to announce the extension of the Prinos long-term offtake agreement with BP Oil International Limited (“BP”) until 1 November 2025. All of the Group’s production of crude...
Egypt & Kuwait Discuss Boosting Cooperation in Oil Field
Egypt & Kuwait Discuss Boosting Cooperation in Oil Field Egypt >> 2/2/2018 - Petroleum Minister Tareq el Molla discussed in a meeting with CEO of Kuwait Petroleum Corporation (KPC) Nizar Mohammad Al Adsani ways of boosting bilateral cooperation and available investment opportu...
Oil Steady as OPEC Compliance Offsets Robust U.S Output
United States >> 2/1/2018 - Oil prices pared early gains to stay little changed on Thursday as OPEC’s strong compliance with a supply reduction pact offset news that U.S. production topped 10 million barrels per day (bpd) for th...
S-Oil Sells $1.8B Worth of Diesel, Naphtha to Saudi Aramco's Trading Arm
Saudi Arabia >> 1/31/2018 - S-Oil Corp, South Korea’s third-biggest refiner, has signed a contract to sell a total of 1.944 trillion won ($1.82 billion) of oil products including diesel and naphtha to Saudi Aramco’s trading arm....
Shell & BP to Buy Libyan Oil as Country Recovers
Libya >> 1/17/2018 - Royal Dutch Shell Plc and BP Plc agreed to annual deals to buy Libyan crude, underscoring how the North African country’s recovering production and improving security are enticing some of the world’s ...
Oil Retreats on U.S. Output Rise after Hitting Near 2Y High
United States >> 1/5/2018 - Oil prices fell on Friday, dropping from highs last seen in 2015, as soaring U.S. production undermined a 10 percent rally from December lows that was driven by tightening supply and political tension...
Iraq's Exports from Southern Oilfields Hit Record 3.535 mln bpd in December
Iraq >> 1/1/2018 - Oil exports from Iraq’s southern Basra ports rose to a record high of 3.535 million barrels per day (bpd) in December from 3.5 million bpd the previous month, two oil officials said. ...
SOCAR Energy Holdings Acquires A1 Petrol Stations in Austria
Austria >> 12/19/2017 - SOCAR Energy Holdings (SOCAR's Swiss subsidiary) is announcing its entry into the Austrian retail fuel market by taking over petrol station operator A1, as well as mineral oil trading company Pronto O...
Saudi Aramco Supplied 1 Million Barrels of Crude to Egyptian Refineries
Saudi Aramco Supplied 1 Million Barrels of Crude to Egyptian Refineries Egypt >> 12/17/2017 - Saudi Aramco, the world’s largest oil producer, has supplied 1 million barrels of crude oil to Egyptian refineries, Egypt’s Petroleum Minister Tarek El Molla told Reuters on Sunday. ...
Saudi Arabia to Supply Full Jan Crude Volumes to Several Asian Buyers
Saudi Arabia >> 12/11/2017 - Saudi Arabia, the world’s top oil exporter, will supply full contractual volumes of crude to five North Asian refiners in January, unchanged from the previous month, five sources with direct knowledge...
Iraq and Iran Negotiating Start Date for Kirkuk Oil Exports
Iraq >> 12/6/2017 - The head of Iraq’s state oil marketer SOMO is currently holding talks in Iran to determine a start date for oil exports from Iraq’s Kirkuk oilfields, Iraqi Oil Minister Jabar al-Luaibi said. ...
Iran Signs Oil Swap Deal with Iraq Soon
Iraq >> 12/3/2017 - Iran expects to sign a contract with Iraq within the next few days based on which it would swap the country’s oil produced in its Kirkuk province with equal amounts in the Persian Gulf. ...
Kuwait and UAE Oil Demand - November 2017
Kuwait and UAE Oil Demand - November 2017 Kuwait >> 11/29/2017 - Oil requirements also increased in Kuwait and the UAE by 3% and 2%, respectively, y-o-y as growth in the transportation fuels appeared to be the main source of support in both countries. ...
Non-OPEC Oil Supply Highlights in 2018 - November 2017
Non-OPEC Oil Supply Highlights in 2018 - November 2017 Austria >> 11/21/2017 - Non-OPEC supply in 2018 was revised down by 94 tb/d compared to last month’s analysis to average 58.54 mb/d, and now is expected to grow at a slower pace, which was also revised down by 71 tb/d to 0.8...

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