Shell Reduces Assets Value Up to $4.5 B
Shell reduced the value of its oil and gas assets by $3.5 billion to $4.5 billion to adjust to a more vulnerable outlook in Q4 2020.
oil products | Egypt Oil & Gas
Oil Products Stockpiles Decline in Fujairah
Data released by Fujairah Oil Industry Zone showed that oil products stocks in the East Coast port of Fujairah, continued to decline along the past week.
Fuel Stockpiles Jumps to Record High at Fujairah Port
Fuel stockpiles at the Fujairah Port recorded an increase of 7% on April 9, signaling a dwindling storage space for oil products in the region after the demand decline due to the coronavirus pandemic.
Sudan Cancels Fuel Subsidies
Sudan has cancelled state subsidies on fuel oil, jet fuel, and cooking gas, lifting all administrative restrictions, which allows for the opening of the sector to the private sector.
China Oil Product Exports On the Rise
China's oil product exports increased to the level of between 68 % to 77 % in November, compared to the previous month, over a bleak domestic demand for refined products.
Iraq Forum Debates Fixing Oil Policy Priorities
Even without the conflict, planning and delivery have been haphazard at bestPage 1 of 1
