Independent traders refused to sell oil to large refineries to encourage oil companies and the government to unfreeze gasoline prices
1 month agoIraq aims to supply China with about 60% more crude next year, as OPEC's second-biggest supplier double downs on its main market in Asia
1 month agoOil skeptics have downplayed sanctions against Iran.
Turkey's Minister of Energy and Natural Resources @fatih_donmez announced that Turkey will search for petroleum and natural gas in the Black Sea when it deploys its second drill ship.
Turkey has been told it will receive a waiver on US sanctions against Iran. US Secretary of State Mike Pompeo said the US will issue eight exemptions to countries importing Iranian oil
Russia vows to help Iran counter US oil sanctions
1 month agoRussian oil production nears an all-time high
On possibility of Iran Oil Import Waiver to India, @StateDept tells: We're prepared to work with countries that are reducing their imports on a case-by-case basis. US currently is in the middle of an internal process to consider significant reduction exemptions.
The Iraqi federal government shut an oil pumping station in a Kirkuk oilfield due to a crack in a key crude pipeline, two official sources from the state-owned North Oil Company (NOC) said on Wednesday.
Russia is said to raise Oct. oil output to almost 11.41M B/D
1 month agoDrill ship Fatih sailing towards Alanya offshore with Offshore Supply Ships Sophie Siem and Siem Louisa for the first Turkish trial drill in SE Mediterranean Sea
US is considering to provide sanction exemptions to countries who significantly reduce oil imports from Iran — State Department
Oil storage caught fire in Khanty-Mansi region of Russia, 2 workers wounded
1 month agoTurkey starts today its first own gas exploration in the Eastern Mediterranean.
OPEC and its allies are likely to keep oil-production policy steady when they meet in December as current prices near $70 a barrel suit all members, Nigeria's oil minister said.
Ukraine, Moldova to integrate energy markets
1 month agoThe northern ice is melting fast, meaning the scramble for the top of the globe may accelerate. With new sea routes opening up, oil and gas waiting to be discovered, the biggest winner of this evolving situation is likely to be Russia
Iraq will stop pumping crude oil from Kirkuk to Iran on November 5, subject to international sanctions
Rosneft CEO says OPEC spare capacity may not be enough
Saudi energy minister: If increase in oil inventories continues, there will be 'downward intervention to reach balance'
Saudi Energy Minister: We agreed with Russia to extend the agreement to maintain the stability of the oil market
Saudi oil minister says contracts signed at Riyadh #FII2018 reached 65 bln dollars with more than 25 deals signed
The Cabinet of Ministers of the Russian Federation is considering the introduction of refinery licenses for the export of petroleum products
1 month agoTurkish seismographic research/survey vessel Barbaros Hayreddin Pasha which was harassed by a Greek frigate while carrying out previously announced exploration in the Mediterranean last week, is under protection of Turkish Navy warships.
Naftogaz requests the NSDC to consider the complete cessation of gas transit through Ukraine. This may happen, because Russia refuses to sign a new transit agreement and builds "North Stream 2"
1 month agoOil faltered below $70 a barrel with Saudi Arabia pledging not to use its production as a political tool and U.S. stockpiles seen rising
The Saudi stock market continued to fall on the back of journalist Jamal Khashoggi's death
1 month agoDelhi: All 400 petrol pumps along with linked CNG dispensing units to be shut from 6 am tomorrow to 5 am on Tue in protest against Delhi govt's refusal to reduce Value Added Tax on diesel and petrol in the national capital.Protest has been called by Delhi Petrol Dealers Association
1 month agoCorpoelec informed that there was a short circuit in the Palo Verde Substation "as a result of a rodent that was introduced in the Main Cell N1, which caused the explosion of the equipment and interruption of the electric service"
Iraq in talks with Kurds to resume oil exports to Ceyhan
