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Crude
Kenya Exports Its First-Ever Barrel of Oil to China
Kenya exported its first-ever batch of crude oil Monday, with President Uhuru Kenyatta declaring the shipment of 200,000 barrels a "special moment" in the count…
Oil & Gas Trade
BP to Exit Alaska in $5.6 Billion Deal with Hilcorp
British oil major BP Plc (BP.L) on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region wher…
Oil & Gas Trade
Oil Pipeline Vandalism In Nigeria Soars 77%
The Nigerian National Petroleum Corporation (NNPC) said on Sunday that it had seen a 77-percent jump in the number of cases of oil and fuel pipeline vandalism o…
Oil & Gas Trade
Iranian Spokesman Says Oil Aboard Tanker has been Sold
An Iranian government spokesman says the oil aboard an Iranian tanker pursued by the US has been sold to an unnamed buyer. The Adrian Darya, previously known as…
Oil & Gas Trade
Iran's Foreign Minister Arrived at the G7 Summit for Surprise Side Talks
Iran's foreign minister flew in for side talks at the G7 summit on Sunday as host France ramped up efforts to ease tensions between Tehran and Washington, a dra…
Oil & Gas Trade
Crude Oil Futures were Lower, Cause Escalating Trade Tensions Between the US and China
Crude oil futures were lower during mid-morning trade at the start of a brand new trading week in Asia Monday amid escalating trade tensions between the US and …
Oil & Gas Trade
Is China Blocking Vietnam’s Access To $2.5 Trillion In Oil & Gas?
The United States has China of interfering with oil and gas drilling operations off the coast of Vietnam in the disputed waters of the South China Sea. This is …
Oil&Gas Drilling
U.S. Crude Oil Rig Count Plunges To Near 2-Year Low
The US oil and gas rig count fell sharply on Friday, decreasing by 19 for the week, according to Baker Hughes. The total oil and gas rig count now stands at 916…
Shell Closes in on Takeover Deal for Australian Energy Supplier ERM Power
Oil giant makes first foray into Australia's competitive power market as it continues drive into consumer energy supply, renewables, and clean technologies
Oil and Gas Technology
The Iraq-Turkey Oil Pipeline Dispute: Opportunity in an Arbitration
Fatigue and frustration aside, U.S. focus and engagement in Iraq remains critical to the national- and energy-security interests of the United States and its al…
Oil&Gas Drilling
U.S. Sanctions Deadline is Threatening to Clobber Venezuela's Dwindling Oil-Rig Fleet
A looming U.S. sanctions deadline is threatening to clobber Venezuela’s dwindling oil-rig fleet and hamper energy production in the nation with the world’s la…
LNG
The African LNG Market Holds 7.1% of Proven Global Gas Reserves
Africa is an exciting frontier in the global natural gas sector. On the demand side, Africa’s large, urbanised and industrialised societies of the future will …
Oil & Gas Trade
World's Biggest Oil Hedge May Not Happen After All
Despite its track record for turning a sizable profit from its super-secret oil hedge, Mexico may not go through with its massive hedge this year, according to …
Oil Price
US Refined Product Stocks Build Higher than Expected
Oil prices slipped on Thursday, paring earlier gains, weighed down by lingering worries about the global economy and bigger-than-expected builds in oil product …
Crude
Oil Prices held Steady After the Energy Information Administration
Oil prices held steady on Wednesday morning after the Energy Information Administration today reported a draw of 2.7 million barrels in crude oil inventories.
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