Crude

Oil & Gas Trade
Poland and Germany to Cut Russian Pipeline Oil Imports in July
Poland and Germany are set to reduce purchases of Russian flagship Urals crude blend via the Druzhba pipeline this month after Moscow cut its oil output along w…
Crude Oil
Exxon Is Big Oil's Outlier In The Post-Pandemic World
While oil majors stuck to spending discipline after the 2015-2016 price crash, ExxonMobil was the one to stand out from the crowd as it increased capital expend…
Crude Oil
New Zealand Cuts 2020 Oil Output Forecast
New Zealand has cut its 2020 upstream output forecast slightly, but now sees its existing oil and gas reserves lasting for longer than previously planned.
Crude Oil
Brazil's Oil Output Grows by 7.8% in 2019
Brazil's oil output grew by 7.8 percent in 2019 compared with the year before, averaging 2.8 million barrels a day.
Crude Oil
Saudi Prince Phones Nigeria to Bring Them in Line with OPEC+ Cuts
Saudi Arabia, de facto leader of the OPEC cartel, held a call with fellow member Nigeria as the organization strives to deliver production cuts aimed at bolster…
Crude Oil
How the Fed Bailed Out U.S. Oil And Gas
he Trump administration has taken dozens of actions during the Covid-19 pandemic to benefit the oil and gas industry.
Crude Oil
Iraq to Review Some Oil Contracts at High-Cost Fields
Iraq is reviewing oil contracts with some companies operating fields where costs are high, in order to reduce expenses while cutting production.
Crude Oil
UAE's Adnoc Rolls Over Crude Nomination Cuts in August
Abu Dhabi's state-owned Adnoc will continue to apply 5pc cuts to client nominations for August-loading volumes of the company's four main grades.
Oil & Gas Trade
Owner of Largest Refinery in India Stops Importing Venezuelan Oil
Reliance Industries, the owner of the largest refinery in India and the world, has stopped buying Venezuelan crude.
Oil Price
Oil Prices Advance on Growing Fuel Demand, Even As U.S. Coronavirus Cases Jump
Extending gains on optimism about a recovery in fuel demand worldwide, despite a surge in coronavirus infections in some U.S. states and signs of a revival in U…
Crude Oil
Equatorial Guinea Adopts New Petroleum Regulation
Equatorial Guinea’s Ministry of Mines and Hydrocarbons has announced the adoption of the new Regulation of Petroleum Operations Regulation.
Crude Oil
Suriname Awaits New President, New Oil Policy
Suriname's president Desi Bouterse has conceded defeat in the emerging oil producer's 25 May parliamentary elections, two days after the country's electoral cou…
Crude Oil
Iran, Iraq Discuss Oil Cooperation
Iranian Oil Minister Bijan Namdar Zangeneh and his Iraqi counterpart Ihsan Abdul Jabbar discussed ways to promote cooperation between the two neighbors in the o…
Oil & Gas Trade
India's May Crude Oil Imports Post Biggest Decline Since at Least 2005
India's crude oil imports in May fell 22.6% from a year earlier, the biggest drop since at least 2005.
Crude Oil
OPEC Changed its Forecast for Oil Production in Azerbaijan
OPEC reported in June that it predicted azerbaijan would reduce its output by an average of 70,000 barrels a day to 720,000 b/d in 2020, compared with 700,000 b…

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Crude

Poland and Germany to Cut Russian Pipeline Oil Imports in July

Exxon Is Big Oil's Outlier In The Post-Pandemic World

New Zealand Cuts 2020 Oil Output Forecast

Brazil's Oil Output Grows by 7.8% in 2019

Saudi Prince Phones Nigeria to Bring Them in Line with OPEC+ Cuts

How the Fed Bailed Out U.S. Oil And Gas

Iraq to Review Some Oil Contracts at High-Cost Fields

UAE's Adnoc Rolls Over Crude Nomination Cuts in August

Owner of Largest Refinery in India Stops Importing Venezuelan Oil

Oil Prices Advance on Growing Fuel Demand, Even As U.S. Coronavirus Cases Jump

Equatorial Guinea Adopts New Petroleum Regulation

Suriname Awaits New President, New Oil Policy

Iran, Iraq Discuss Oil Cooperation

India's May Crude Oil Imports Post Biggest Decline Since at Least 2005

OPEC Changed its Forecast for Oil Production in Azerbaijan