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Crude
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…
Crude
UK Government should Pay for Clean-up of Oil Spill on Fife Beach, Says MSP
The UK Government has been urged to foot the bill for clean-up of an oil spill along the Fife coastline. A massive clean-up operation following the spillage at …
Shale Gas
Global Markets are “Awash” in Crude Thanks to the Surge in U.S. Oil Output, Rick Perry Said
Global markets are “awash” in crude thanks to the surge in U.S. oil output, and the boom looks set to continue, U.S. Energy Secretary Rick Perry said in a Blo…
Crude Oil
Fire Broke Out at Iran’s Oil Refinery, Raises Further Suspicions of Saudi Retaliation
“The refinery’s fire department contained the fire and prevented it from spreading to other units,” state broadcaster IRIB said on its website, referring to …
Oil & Gas Trade
The U.S. Crude Oil Export Broke Up Another Record
Growing U.S. crude oil production and exports have resulted in America selling oil to more destinations around the world than the number of countries from which…
Crude
Russia Sells Crude Oil at Record Premiums
Soaring freight rates in the past two weeks prompted Asian buyers to bid up for cargoes that ship over shorter distances such as oil from Russia.
Oil Price
Saudi Arabia's Best Bet Is to Crash the Price of Oil
Saudi Arabia should give up trying to manage the global crude market and return to the pump-at-will policy it briefly adopted in 2014 under its longest serving …
Crude
Iran Releases Photos of Damage to Tanker Attacked in Red Sea
The National Iranian Tanker Co. released photos of damage to the hull of the Sabiti oil tanker, hit in an alleged missile attack off the coast of Saudi Arabia i…
Oil & Gas Trade
"Huge Fears" About Demand — Not Middle East Tensions — Are Weighing on Oil Markets
Global trade tensions and their potential impact on crude demand are more significant for oil markets than recent attacks on energy infrastructure in the Middle…
Oil & Gas Trade
Exxon Mobil Bars Use of Oil Tankers Linked to Venezuela -Sources
Exxon Mobil Corp this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the matter, put…
Crude
Iran Awards Contracts to Push Ahead with Major Oil Pipeline Project
Iran has awarded contracts to three domestic engineering firms for manufacturing giant pumping devices needed for a major pipeline project that would transfer I…
Crude
Iran on Full alert to protect oil facilities from possible attacks
Iran’s oil minister, Bijan Namdar Zangeneh, has ordered his country’s energy sector to raise its alert levels against cyber and military attacks that could ta…
Crude
Brazil Environment: Vast Oil Spill Hits Dozens of Beaches
Brazilian officials are investigating the source of a vast oil spill that has hit dozens of beaches along the country's north-eastern coast. The spill has been…
Oil & Gas Trade
Canada's Heavy Oil Exports To Asia From US Surge
Shipments of Canadian crude from the U.S. Gulf Coast since May have more than doubled all of 2018's exports as Asian refiners scramble for heavy sour oil, accor…
Crude
More Than 100 Oil Spills Detected off Brazilian Coast This Month
Brazil's main environmental agency said it has detected 105 crude oil spills from an undetermined source polluting the waters of the country’s north east coast…
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