(This Feb. 14 story corrects the figure in the second paragraph to 200,000 tonnes per month - not per year)
MOSCOW/LONDON, Feb 14 A clash between trading
house Vitol and Azerbaijan's SOCAR over Caspian Sea oil
shipments is forcing Turkmenistan to slash exports of crude due
to a lack of tankers.
HOUSTON/MEXICO CITY/MOSCOW Venezuela's oil exports have tapered off and shifted towards India since new U.S. sanctions began Jan. 28 as state-run oil company PDVSA seeks to replace deliveries to the United States and Europe that were disrupted by payment restrictions.
HOUSTON/MEXICO CITY/MOSCOW, Feb 12 Venezuela's
oil exports have tapered off and shifted toward India since new
U.S. sanctions began Jan. 28 as state-run oil company PDVSA
seeks to replace deliveries to the United States and
Europe that were disrupted by payment restrictions.
MOSCOW/NEW YORK When the global oil trading industry gathered for its biggest annual meeting in Asia in September last year, U.S. oil producing companies came well prepared.
MOSCOW Azeri BTC oil exports from Turkey's Ceyhan port are set to fall after Turkmenistan diverts its oil flows to Russia, which may also reduce the quality of the Azeri BTC blend by lowering its Turkmen content, traders and industry sources said.
MOSCOW, Dec 5 South Korea will receive its first
cargo of Russian condensate from Novatek's new Yamal
LNG project this month as it looks for alternatives to Iranian
supplies that have been complicated by U.S. sanctions.
ORENBURG, Russia In the green-to-golden steppe some 1,500 km east of Moscow, a unit of Gazprom Neft, Russia's third-biggest oil producer, is drilling hard as it eyes a production hike of 20 percent a year, developing once-forgotten and depleted fields.
MOSCOW/LONDON The commercial start-up of Turkey's new $6.3 billion oil refinery has been delayed until early next year and the plant is not expected to reach full capacity until mid-2019, three sources familiar with the matter said, as tests revealed minor faults.
MOSCOW Russian energy majors are putting pressure on Western oil buyers to use euros instead of dollars for payments and introducing penalty clauses in contracts as Moscow seeks protection against possible new U.S. sanctions. | Video