Indian Oil Imports from Africa, US Rise in November

• Tuesday, 15th December 2020
• by Fatma Ahmed

Data obtained from industry sources showed that Indian oil imports from Africa and US, in November, have risen but dropped from the Middle East and Latin America, Reuters reported. Oil imports form US increased by 49%...

Latin America Calls for Steps to Improve Oil Prices

• Sunday, 10th April 2016
• by Egypt Oil & Gas

Latin American oil producers, including main exporters such as Venezuela, Colombia, Ecuador, and Mexico, asked to take the necessary steps to stabilize the global crude market in a bid to improve prices for the benefi...

Sinopec to Lease 75% of Hovensa Oil Storage Capacity

• Wednesday, 2nd December 2015
• by Egypt Oil & Gas

Sinopec, Asia’s biggest oil refiner, and Freepoint, US commodity trader, will take part in reviving the Caribbean oil refinery, Hovensa, in collaboration with  Limetree Bay Holdings LLC, the buyer of the complex...

Oman’s International Buying Spree Spans Three Continents

• Wednesday, 1st July 2015
• by Egypt Oil & Gas

Oman, the largest oil producer in the Middle East outside of OPEC, plans to buy, lease or build fuel-storage tanks in East Africa to boost sales on the continent and open a U.S. office to trade refined products and La...

Russia in Flurry of Talks with Saudi, OPEC, Latin American Producers

• Thursday, 16th April 2015
• by Egypt Oil & Gas

Russia has been holding active, “unprecedented” consultations with the Organization of Petroleum Exporting Countries, a senior official said on Wednesday, a clear signal of Moscow’s strive for higher...