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Report: Iran Will Use Every Means Possible To Export Its Oil

2019-10-06 14:03:36| OGI

Iran will not succumb to U.S. pressure and will use every possible way to export its oil, Iranian Oil Ministry's website SHANA quoted Oil Minister Bijan Zanganeh as saying on Oct. 6.

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Trump Administration Promises Biofuel Boost To Farmers, Angering Oil Industry

2019-10-04 19:57:44| OGI

The Trump administration on Oct. 4 unveiled a plan to boost U.S. biofuels consumption starting next year to help struggling farmers, a move that cheered the agriculture industry but triggered a backlash from the oil industry.

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Exxon Mobil Bars Use Of Oil Tankers Linked To Venezuela

2019-10-04 19:48:16| OGI

Exxon Mobil Corp. this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the matter, putting new pressure on the U.S. sanctioned country and on global crude freight rates.

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US Oil Drillers Cut Rigs For Seventh Consecutive Week

2019-10-04 19:28:14| OGI

Drillers cut three oil rigs in the week to Oct. 4, bringing down the total count to 710, the lowest since May 2017, Baker Hughes, a GE company, said in its weekly report.

Tags: week cut oil consecutive

 

Shell Promotes Australia Head To Run Global Conventional Oil, Gas Unit

2019-10-04 18:14:14| OGI

Royal Dutch Shell has promoted its current Australia chief, Zoe Yujnovich, to the role of executive vice president for conventional oil and gas from Jan. 1, based in the groups headquarters in The Hague, Shell Australia said on Oct. 4.

Tags: run head global australia

 

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