fuel oil

Japan to Import Iranian Oil

Japanese traders, including Marubeni Corp and Sumitomo Corp, are looking to resume imports of Iranian oil, potentially by the end of 2016.

El Molla Modifies Gas, Oil Shipments Repayment

Repayment period for gas shipments and petroleum products for Egypt increased to 3 months from arrival

Iran Exports First Fuel Oil

Iran exported its first consignment of fuel oil, destined for regional countries and weighing 4,500 tons, from Assalouyeh harbor.

Saudi to Secure Egypt’s Fuel Needs for Next 3 Months

Egypt and Saudi Arabia have reached a deal to supply Egypt with a monthly 800,000 tons of petroleum products for three months starting from February 2016.

Diesel and Fuel Oil Pumped to Power Plants to Be Redirected

A source at the petroleum ministry revealed to Egypt Oil & Gas that the quantities of diesel and fuel oil pumped to power plants will be redirected to build up the strategic reserves.

Egypt to Import Fuel Oil from RosNeft

The Egyptian General Petroleum Corporation (EGPC) has agreed to import six shipments of fuel oil (mazot) from Russia's RosNeft, by the end of 2015, said Petroleum Minister, Tarek El Molla.

Long Standing Kuwait-Vietnam Relationship Comes to a Close

Vietnam's top fuel importer, Petrolimex, and Kuwait Petroleum Corp (KPC) have ended their long-standing diesel term contract that dates back to the 1990s since imports from Southeast Asia now attract lower duties,

EGPC and Rosneft Sign Fuel Oil Supply Deal

Russia-based Rosneft has announced that it has signed and agreement with the Egyptian General Petroleum Corporation (EGPC) to supply oil products into Egypt.

Egypt’s Petroleum Imports Up by a whopping 95%

Egypt's petroleum imports increased 94.7 percent to LE7.82 billion in March from LE4.017 billion in the same period the previous year, state-run news agency MENA quoted the official statistics agency CAPMAS report on Monday.

Fuel Oil Supplies Soar in Southeast Asia as Russian Fuel is Diverted from Europe

Fuel oil stocks stored in the oil hub of Singapore are the highest in nearly two years as soaring Russian supplies are diverted from Europe, threatening to pressure Asian prices of the product that have rallied 10 per cent this month.

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