Crude oil

Oil&Gas Drilling

China's Oil Production Rises to 208 Mln Tons in 2023 - CCTV

China's crude oil production rose to 208 million metric tons in 2023, equivalent to 4.16 million barrels per day, state broadcaster CCTV said on Tuesday.The…

Crude Oil

Nigeria's Dangote Refinery Set for Test Runs After Getting More Crude

A worker walks past storage tanks at Dangote oil refinery in Ibeju Lekki district, on the outskirts of Lagos, Nigeria August 7, 2019. REUTERS/Temilade Adelaja A…

Crude Oil

Motiva to Shut CDU, Coker Next Week at Largest US Refinery -Sources

Motiva Enterprises (MOTIV.UL) is scheduled to shut the large crude distillation unit (CDU) and large coker at its 626,000 barrel-per-day (bpd) Port Arthur, Texa…

Crude Oil

Exclusive: India Set to Halve Oil Refiners' FY24 Energy Transition Equity Support

A man paints the logo of oil refiner Bharat Petroleum Corp (BPCL) on a wall on the outskirts of Kochi, India, November 21, 2019. REUTERS/Sivaram V/File Photo Ac…

Oil & Gas Trade

Biden Administration Slowly Puts Oil Back Into the Spr Emergency Stash

An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.…

Oil & Gas Trade

China Crude Flows to Storage Poised to Pick Up After Half-Year Lull: Russell

A shale gas drilling rig run by Sinopec is seen in Chongqing, China March 18, 2018. Picture taken March 18, 2018. REUTERS/Chen Aizhu/File Photo Acquire Licensin…

Crude Oil

China Issues 2024 Crude Import Quotas, 60% More Than Year Earlier

China has released 179.01 million metric tons of crude import quotas for 2024, according to Chinese industry consultancies and trade sources on Tuesday, 60% mor…

Crude Oil

Dangote Refinery Receives 4th Crude Oil Shipment From NNPC

Dangote Refinery has received its fourth shipment of one million barrels of bonny light crude supplied by the Nigeria National Petroleum Company (NNPC) Limited.…

Oil & Gas Trade

Brazil's Petrobras Says Sepetiba Fpso Enters Production

A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Phot…

Oil Exploration

Nigeria Aims to Raise Oil, Condensates Output to 2.6 Mln Bpd by 2026

Nigeria's upstream oil regulator on Monday announced an annual oil and condensates production target of 2.6 million barrels per day (bpd) by 2026, an ambiti…

Crude Oil

India Hikes Windfall Tax on Crude Oil

Oil tankers are seen parked at a yard outside a fuel depot on the outskirts of Kolkata February 3, 2015. Picture taken February 3, 2015. REUTERS/Rupak De Chowdh…

Oil & Gas Trade

Qatar to Supply Crude Oil to Shell in Five-Year Deal

A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/file photo Acquire Licensing RightsQatar has agre…

Oil & Gas Trade

Russia Exports Almost All Its Oil to China and India - Novak

A bulk carrier sails near the crude oil terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/Files Ac…

Oil&Gas Drilling

U.S. Shatters Oil Production Records in 2023

The U.S. produced over 4.49 billion barrels of crude oil in 2019, and this record has been exceeded in 2023.The Energy Information Administration's data ind…

Oil & Gas Supply

Russia Plans to Cut Seaborne Oil Exports by 100,000-200,000 Bpd in Jan - Sources

The oil products tanker Nord and a bulk carrier sail near the crude oil terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 202…