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Month: June 2021

Category:
  • India

Middle East’s share of India’s oil imports hits 25-month low

The share of Middle Eastern crude in India’s oil imports fell to a 25-month low in May, tanker data provided by trade sources showed, as refiners tapped alternatives in response Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • Iran
  • USA

Reuters: U.S. Agrees To Lift Iran Oil Sanctions

The United States has agreed to lift all sanctions on the Iranian oil and shipping industry and to remove several senior officials from a blacklist, Reuters has reported , citing Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi’s April oil exports more than double yr/yr to $13.8 billion

The value of Saudi Arabia’s oil exports in April climbed 109% to 51.7 billion riyals ($13.79 billion) from a year earlier while non-oil exports rose by 46.3%, official data showed Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Aramco extends $10 bln loan on improved terms, sources say

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov DUBAI, June 23 (Reuters) – Saudi Arabian oil giant Aramco Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • Cameroon

Nigerian Billionaire Dangote to Expand Into Oil, Gas in Cameroon

Aliko Dangote, Africa’s richest person, said he plans to diversify his group’s investments in Cameroon, starting with energy. “We have plans to expand our investment to other sectors beginning with Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • Exxon

The Little Hedge Fund Taking Down Big Oil

 On the day the little investment firm Engine No. 1 would learn the outcome of its proxy battle at Exxon Mobil, its office in San Francisco still didn’t have furniture. Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Dallas Fed: Oil And Gas Sector Is On Fire

The oil and gas sector continued its strong growth in Q2, according to executives polled by the Dallas Fed in its most recent survey published on Wednesday. The survey’s broadest Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • USA

Infrastructure deal moves closer as senators, White House broker framework. – The Washington Post

 bipartisan group of senators tentatively reached an agreement with White House officials Wednesday on hundreds of billions of dollars in new spending for the nation’s infrastructure system, giving a significant Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • China
  • Solar

Solar industry ties to China’s Xinjiang region raise forced labor concernst

At a silicon factory in China’s northwestern desert, Uyghur workers man electric furnaces that reach more than 2,000 degrees. Those with college degrees can earn about $600 a month running Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple
Category:
  • China

China’s tight storage availability caps light cycle oil imports in May, June

The lack of available storage in China had limited the import of light cycle oil in May and June, ahead of the implementation of a new consumption tax on June Continue Reading

Posted On : 24 Jun 2021 Published By : Tom Whipple

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