Libya’s National Oil Corporation (NOC) sent the Greek flag vessel New Hellas tanker to begin loading oil at the country’s eastern Zueitina port, after rival forces, the Petroleum Facilities Guard (PFG) and...
Iraq’s oil exports from its southern ports rose to 3.2mb/d on average in July, up from 3.175mb/d in June, as the Arabic nation increased crude production to bring in a $3.744b in oil export revenues, Reuters rep...
Kurdistan’s oil revenue fell nearly 20% in July to less than $400m as export loadings slipped and oil traders slashed their monthly prepayments to the Kurdistan Regional Government (KRG), according to Iraq Oil Report....
Oil traders who specialize in purchasing cargoes from Mediterranean ports have low confidence in the imminent resumption of shipments from two key Libyan terminals, even after a deal was struck in July to reopen the f...
Saudi Arabia, the world’s biggest crude exporter, cut its oil shipments in April to the lowest level in six months as overseas refineries bought less due to seasonal maintenance and the kingdom burned more crude at ho...
Kurdistan Regional Government (KRG) is ready to sign a new agreement with the Iraqi central government and increase its oil exports if Baghdad guarantees KRG a monthly revenue of $1b from the federal budgets, said KRG...
Iran started exporting 60,000b/d of crude oil to Greece, under a recent agreement with Greece’s biggest oil refiner Hellenic Petroleum, Mehr News reported. “Greece was considered as one of Iran’s traditional oil mark...
The Financial Times (FT) reported that Saudi Arabia has taken steps to slow Iran’s efforts at increasing oil exports, banning vessels that transport Iranian crude from entering their waters, according to traders and s...
Iraq’s oil exports dropped sharply in October to an average of 2.7m b/d, from 3.052 m b/d the previous month, reported Reuters. The Iraqi oil ministry explained that shipment delays were responsible, thanks to p...
Barclays Plc has warned that Iraq’s oil production is at risk for the upcoming winter when “loading problems” emerge and reduce output by 300,000 to 500,000 b/d, reported Bloomberg. Loading facilities and the nation’s...