Yemen will export its first crude oil shipment since August later January, according to fixture list data showing Glencore has booked an oil tanker, to dock in Yemen.
Iraq claimed that the autonomous Kurdish region was exporting more than its allocated share of oil as the country seeks to comply with an OPEC output cut.
China's November crude oil imports from the Kingdom of Saudi Arabia (KSA) jumped 29.19% on a year earlier to 1.15mb/d. Saudi Arabia re-emerged as the top oil supplier to India during November with over 873,000b/d,
Iran crude oil exports have reached 2.44mb/d which marks a new record. Accordingly Iran is receiving above $80m in direct payments every day as a result its exports to international markets.
Sonatrach exported 89m tons of oil and gas during the first ten months of 2016. Furthermore, oil production had increased by 80,000b/d during the third quarter of the year, with the company making 28 hydrocarbon disc ...
China National Offshore Oil Corporation and France's Total are in final talks over the construction of Uganda's oil pipeline that will run up to the Tanzanian seaport of Tanga.