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Oil sales
China
Marubeni and Sinopec to Explore Lower-Carbon Marine Fuels in Strengthened Collaboration
Marubeni Corporation, a Japanese conglomerate, has entered into a new strategic partnership with Sinopec Fuel Oil Sales, a subsidiary of China Petroleum & Chemi…
Crude Oil
Valeura Posts Record Oil Production in Q4
Valeura's oil production averaged 26.1 million barrels per day during the fourth quarter of 2024.Valeura Energy Inc. has said its oil production average hit…
Oil & Gas Trade
Angola’s Faster February Oil Sales Signal Better Demand in Asia
The pace of sales for February-loading Angolan oil is faster than the last couple of months, with only 20-30% of next month’s supplies still seeking buyer…
Oil & Gas Trade
Oil Sales Plunge by 40PC in May Amid Economic Slowdown
KARACHI: The month of May witnessed a staggering 40 percent decline in oil sales compared to the same period last year, as the country grapples with an economic…
Oil Price
Biden to Lay Out Plan to Complete Emergency Oil Sales, Support U.S. Production
U.S. President Joe Biden will announce a plan on Wednesday to sell off the last portion of his release from the nation's emergency oil reserve by year's end, an…
Crude Oil
Oil Falls on Positive Signals from U.S.-Iran Talks
Oil prices fell on Monday as signs of a progress in the U.S.-Iran nuclear talks that could lead to removal of U.S. sanctions on Iranian oil sales offset concern…
Oil & Gas Trade
Nigeria's Oil Sales Revenue Plummeted 75% in July
Data from the Nigerian National Petroleum Corporation showed that Nigeria’s oil sales revenue in July was 55.29 million US dollars, a decrease of 75% from the …
Oil & Gas Trade
Crude Cuts: Nigeria to Earn $10.61bn in Eight Months
Nigeria may earn about $10.61bn from crude oil sales between May and December this year following latest decision by members and non-members of the Organisation…