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Crude
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…
Oil & Gas Trade
China to Remain a Battle Ground for Saudi Aramco, Russian Crude Suppliers
China has been relying heavily on Saudi Arabia and Russia for its refinery feedstock requirements over the recent years, with both producers constantly switchin…
Oil&Gas Drilling
Iran’s president: New oil field found with over 50B barrels
Iran has discovered a new oil field containing 53 billion barrels of crude, President Hassan Rouhani said Sunday, a find that would increase Iran's proven reser…
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.
Saudi Aramco: From ‘Prosperity Well' to Energy Behemoth
It has since grown into the world's largest and most profitable company, generating 10 percent of global crude supplies and trillions of dollars in income.
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 Drilling
Russia’s Oil Output Still Exceeds OPEC+ Cap Even as Gap Narrows
Russia’s average daily oil production remained above its OPEC+ target in October, though the compliance gap is the narrowest since the Druzhba crude-contaminat…
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.
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