Crude oil

Crude

Russia Wants Condensate Removed from OPEC Deal

Russian energy minister Alexander Novak said Wednesday he wants new volumes of gas condensate to be excluded from Russia’s quota as part of its oil output pact…

Crude

Who benefits from Syria's oil?

President Donald Trump says he expects the United States to benefit by millions of dollars per month from Syria's oil revenues while US troops remain in the cou…

Crude

Russia Plans To Boost Crude Oil Exports

Russia expects to increase its crude oil exports by around 400,000 bpd-500,000 bpd to more than 5.6 million bpd within five years, Energy Minister Alexander Nov…

Crude

Russia Sent 17.8% Less Crude Oil to Germany in Jan-Sept

Russia reduced exports of crude oil to Germany in the year to September by 17.8%, still reflecting a halt in the Druzhba pipeline between April and June due to …

Crude

China Oct Refinery Output Rises 9.2% from Year Ago to Second-Highest Ever

China’s crude oil throughput in October rose 9.2% from a year earlier to the second-highest on record, as refineries in the world’s second-biggest oil consume…

Crude

Equinor Finds New North Sea oil well, Norway's Oil Boom Is Backing

“After a string of recent discoveries, 2019 is shaping up to be the most successful exploration year since 2014 on the Norwegian Continental Shelf (NCS).”

Crude

Brazil Oil Auction Flops as Most Foreign Players Stay Away

Brazil’s largest-ever auction of oil deposits flopped, after state-controlled Petroleo Brasileiro SA scooped up two of the blocks while the remaining two went …

Crude

Brazil doesn't yet Know How Much Oil has been Spilled on the Atlantic Ocean

The oil, which began washing up along Brazil’s coast in August, has hit over 300 beaches in nine states of Northeast, many of them popular tourist spots.

Crude

Russia: US Smuggling Syrian Oil Worth $30 million a Month

Russia has slammed President Donald Trump's plan to deploy troops into Syrian oil fields as “criminal activity,” accusing the US of seeking to smuggle out oil…

Oil Price

Oil Price can Never Get to above $100 per Barrel in Our Lifetime

Speaking as a guest lecturer at the first convocation ceremony of Edo University, Iyamho, Edo State, Emefiele said, “oil price can never get to above $100 per …

Oil & Gas Trade

Oil Prices Fall As EIA Reports Large Crude Build

Analysts expected a build of 729,000 barrels for last week after a 1.7-million-barrel draw interrupted a string of five weekly inventory builds, which added mor…

Crude

Russia Said it’s too Early to Talk about Deeper Output Cuts

Oil held below $56 a barrel after Russia said it’s too early to talk about deeper output cuts, casting doubt on the ability of OPEC and its allies to balance s…

Crude

U.S. Military Envisions Broad Defense of Syrian Oilfields

The United States will repel any attempt to take Syria’s oil fields away from U.S.-backed Syrian militia with “overwhelming force,” whether the opponent is I…

Transneft Synthesis, LLC

Manufacturer of specialty chemicals - PT FLYDE series drag-reducing additives (DRA) for crude oil, refined products and other liquid hydrocarbons pipelines.

Bota Petroleum Pipeline Corporation

Petroleum Pipeline Corporation BOTA was established on August 15, 1974 to transport crude oil. Since 1987, it has engaged in natural gas transportation and trad…