India’s oil imports from Iran fell by 41 percent in December to 302,000 barrels per day oil (bpd), ship-tracking data reviewed by Reuters showed, as pressure from U.S. sanctions took Continue Reading
Indian oil imports from Iran plunged by 41 percent on the year to just over 300,000 bpd in December, roughly around the level of Iranian oil India is restricted to Continue Reading
The United States will grant no more waivers for Iranian oil after the reimposition of U.S. sanctions, the U.S. special representative for Iran said on Saturday, underlining Washington’s push to Continue Reading
BASRA (Reuters) – Iraq plans to raise output from its southern Majnoon oilfield to 290,000 barrels per day (bpd) by the end of 2019 and to 450,000 bpd by the Continue Reading
Gasoline shortages in Mexico sparked by a government crackdown on fuel theft prompted warnings from business leaders that industries like carmaking will suffer if the problem persists, while lines at Continue Reading
A major fuel pipeline that supplies Mexico City remained closed after suffering two ruptures in a single day, the president said on Friday, as the government works to stem shortages Continue Reading
President Andres Manuel Lopez Obrador has launched the most sweeping attack against rampant corruption and organized crime of his young administration: aiming to stop a growing fuel theft racket that Continue Reading
Seaborne gasoline imports from the U.S. Gulf Coast have averaged about 350,000 barrels a day under Mr. López Obrador, a 28% decline from December 2017 and January 2018, according to Continue Reading
Pemex’s 173,000 b/d Tuxpan-Poza Rica-Azcapotzalco gasoline and diesel pipeline was shut Thursday night again after a new leak was found after being restarted earlier that day, President Andres Manuel Lopez Continue Reading
U.S. energy firms cut oil rigs for a second week in a row as more producers, like Occidental Petroleum Corp, turned conservative in their 2019 drilling plans due to uncertainty Continue Reading
