crude oil | Egypt Oil & Gas - Part 25
Bloomberg: Iran’s Tanker Lifeline to Syria
It’s no secret that Iran provides critical support to Syrian President Bashar al-Assad. The trouble comes in trying to figure out how much Iran spends and what that support actually looks like.
$3.5 Bn Joint Iran-China-Indonesia Crude Projects
Iran, China and Indonesia have reached a final agreement on building a refinery on the East Java island to process 150,000 barrels per day of heavy crude oil, an Iranian official said on Wednesday.
Mashreq Petroleum to Establish Pipeline to Transport Oil from Port Said to the Mostorod Refinery
Mashreq Petroleum plans to construct a pipeline to transport crude oil from Port Said to Mostorod refining plant.
Ruptured Pipeline Near Santa Barbara Leaks 21,000 Gallons of Crude Oil
A ruptured pipeline near Santa Barbara leaked an estimated 21,000 gallons of crude oil Tuesday, some of which flowed into the ocean and left a thick coat of black tar along the county’s pristine shores, authorities said.
Adnoc Balancing Crude Prices for Asia and Local Supply
Abu Dhabi National Oil Company (Adnoc) raised the retroactive prices of crude sold to Asia in April, after robust demand pushed up spot premiums for its grades.
Oman May Issue Tenders Soon for Floating Storage Unit
Oman Tank Terminal Company (OTTCO) plans to start operating a floating storage unit later this year to ease trade of crude oil futures on the Dubai Mercantile Exchange (DME), trade sources said on Tuesday.
Tunisia Signs a Guarantee Agreement with ITFC
A bill on a guarantee agreement signed between Tunisia and the International Islamic Trade Finance Corporation (ITFC) was passed, Tuesday, at a plenary session of the House of People's Representatives (HPR).
India Beefing Up Reserves, Refining Iraqi Crude
India is set to import 8 million barrels of Iraqi oil to fill its first strategic petroleum reserve (SPR), taking advantage of cheap prices and lending some support to a market suffering from oversupply.
