Saudi boosts oil output despite Iran disruptions, targets 10 million bpd export capacity
The Kingdom pumped 8.372 million barrels per day in September, up well over two million bpd from August, stated OPEC+ data...
Tag : oil exports
Iran war: Middle East oil exports recover, LNG traffic gains momentum
While Saudi Arabia and the UAE led the export rebound, a recovery in energy flow via the Strait of Hormuz played a big role as well...
Iran war: Singapore’s oil product inventories slump to new low
Singapore's inventories of residual fuel totalled 14.84 million barrels during the week to June 10, hitting their lowest in close to eight years...
Argentina seeks to boost oil and gas production as part of economic revival
In the first half of the year, the country’s crude oil exports increased 33 percent to an average of 51,840 barrels per day...
Saudi Arabia creates ‘renewable energy strategy’ to free up oil exports
A good energy mix is crucial to the Kingdom’s long-term economic prosperity...
Saudi Arabia joins US-led maritime coalition to protect oil shipping
Currently, the US, the UK, Bahrain and Australia are the only member countries of the task force...
Sinopec’s Sri Lanka unit to supply ships transiting major maritime route
Sinopec is China's latest investment in Sri Lanka and is important to its Belt and Road Initiative’s infrastructure plan...
Hormuz closure will not hit UAE, Saudi Arabia oil exports
The two countries in addition to Oman have alternative maritime routes, protecting their oil export activities against Hormuz’s potential closure...