Afreximbank, JE Energy Sign $100 Million Agreement For Guyana Crude Oil Export Contracts

Wedoany.com Report-Dec 03, African Export-Import Bank has signed an agreement for a US$ 100-million Revolving Trade Finance Facility in favor of oil trader JE Energy Limited to support its contract im...

2024-12-03

US Crude Oil Pipeline Squeeze Boosts Prices At Gulf Coast Export Hub

Wedoany.com Report-Nov 5, The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the export hub on...

2024-11-05

Reliance Likely To Move Dubai Crude Team To India In Global Trade Rejig

Wedoany.com Report-Oct 25, Indias Reliance Industries Ltd, operator of the worlds biggest refining complex, is restructuring its trading operations, including moving most of its Dubai crude oil tradin...

2024-10-25

U.S. Crude Oil Stockpiles Fall Unexpectedly

U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record level, according to data released Thursd...

2024-10-18

Sabah Sells Sixth Crude Oil Cargo, Secures RM100 Million Revenue

Wedoany.com Report-Oct 14, Sabah has sold its sixth crude oil cargo from Labuan Crude Oil Terminal (LCOT) with an estimated sales revenue of more than RM100 million. The crude oil cargo of about 300,0...

2024-10-14

CNOOC’s Bozhong 19-2 Oilfield Project Starts Production

Wedoany.com Report-Oct 09, China National Offshore Oil Corporation (CNOOC) has commenced production at its Bozhong 19-2 Oilfield Development Project. According to the company, the project is expected ...

2024-10-09
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