Saturday 15 December 2018
 
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Oil Exports

DNO gets $69m payment for Kurdish May deliveries

DNO, the Norwegian oil and gas operator, today reported receipt of $69.03 million as payment for May 2018 crude oil deliveries to the export market from the Tawke licence in the Kurdistan region of Iraq. The funds will be shared b

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Iran's oil export hits record high

Iran's oil and gas condensates exports hit a record of 3.047 million bpd in February-March,  the managing director National Iranian Oil Company (NIOC) said on Saturday. “Some part of the export, however, was the gas

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Libya set to restart oil exports from seized ports

Libya's National Oil Corporation (NOC) said on Tuesday it would immediately start working to resume crude exports from ports seized in recent days by forces loyal to eastern commander Khalifa Haftar. Welcoming pledges from Haf

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Iraq oil exports from south rise to 3.2mbpd

Iraq's oil exports from its southern ports rose to 3.2 million barrels per day (bpd) on average in July, up from 3.175 million bpd in June, as the Opec nation increased crude production, two Iraqi oil officials said on Monday.

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Libya oil exports threatened as NOC warns against port deal

Libya's hopes to boost crude exports have been dealt a blow after the head of the National Oil Corporation (NOC) objected to a deal between the government and local guards to reopen key ports. In a letter seen by Reuters to UN

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Saudi to build shipbuilding complex

Saudi Arabia will build a maritime complex on its east coast, with shipbuilding capability, to support oil exports, a report said. The kingdom also will have a shipping fleet that will match its oil capabilities, Energy Minister K

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Saudi to build shipbuilding complex

Saudi Arabia will build a maritime complex on its east coast, with shipbuilding capability, to support oil exports, a report said. The kingdom also will have a shipping fleet that will match its oil capabilities, Energy Minister K

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80pc of oil deals with Europe operational: Iran

Some 80 per cent of Iran's oil contracts with Europe are operational, Iran's oil export chief said on Saturday according to the ministry's news agency Shana, adding Tehran was continuing talks with major European oil compani

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Tanker begins delayed oil loading at Libya's Hariga

A tanker that had been blocked for three weeks in a stand-off over oil exports at the eastern Libyan port of Marsa Al-Hariga entered the port and began loading on Thursday, officials said. The Seachance, which had been waiting to

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Iran struggles to find enough ships for oil exports

Iran faces a struggle to increase oil exports because many of its tankers are tied up storing crude, some are not seaworthy, and foreign shipowners remain reluctant to carry its cargoes. Tehran is seeking to make up for lost trade

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