An oil country no more? Algerian energy exports sink rapidly
Algeria’s energy exports are plunging, threatening more financial suffering for the OPEC member and a potential repeat of the mass demonstrations that toppled the president two years ago.
oil exports
Libya’s oil crescent gets back to work as Sarir field opens
Libya’s oil industry continued to revive this week following a truce between the main factions in the OPEC member’s devastating civil war.
Threat of Venezuela sanctions has Reliance buying Canadian crude
Venezuela’s dwindling oil exports were dealt another blow as one of India’s top refiners secured millions of barrels of Canadian crude on concern that the U.S. is poised to step up sanctions against Caracas.
Saudi oil exports to US fall to lowest level in 35 years
After flooding the U.S. with crude earlier this year, Saudi Arabia has all but cut off the taps to the American oil market.
Aramco starts fuel trading from UAE with ex-BP, Pemex hires
Saudi Aramco hired two Singapore-based traders and began dealing in fuel at the Middle East’s main bunkering port as the world’s biggest oil exporter expands further into the trading business.
Mexico oil exports up 56% in first quarter of 2017
Mexico’s oil exports went up by 56% in the first quarter of 2017, according to Dallas’s Federal Reserve Bank.
Russia calls Saudi oil to East Europe ‘toughest competition’
Russian Energy Minister Alexander Novak said today that Saudi Arabia's entry into East European oil markets, traditionally dominated by Russia, was the "toughest competition".
Russia becomes second largest exporter of oil to China
Russia became the second largest supplier of oil to China after Saudi Arabia in the first six months of 2015. The country's oil exports increased by 27% as compared with the same period of the previous year to almost 786,000 barrels per day.
Oil sanctions: How effective are they?
I have been working in Syria on a gas project but had to leave because of the political situation there, plus the imposition of sanctions by the European Union (EU) on that country's oil and gas industry.
Brent slips back on Libya supply hopes
BRENT crude fell yesterday as investors anticipated a resumption of oil exports from Opec member Libya.