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Global Oil Markets Adequately Supplied -IEA

2019-04-24 15:30:32| OGI

The agency, which coordinates the energy policies of industrialized nations, said global spare production capacity has risen to 3.3 million barrels per day due to high compliance rate with the agreed supply cuts among the OPEC and its allies.

Tags: global oil markets supplied

 

Saudi's Falih: No Need For Immediate Action After End Of Iran Oil Waivers

2019-04-24 11:59:14| OGI

Saudi Arabia's energy minister said he saw no need to raise oil output immediately after the United States ends waivers granted to buyers of Iranian crude.

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Chinas Sinopec Resumes US Oil Imports After 6 Months

2019-04-23 17:08:27| OGI

Refiners action signals that risks of importing U.S. crude have lessened.

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State-run Tatweer To Sign Oil Deals To Develop Bahrain Field

2019-04-23 15:13:29| OGI

Bahrains state-owned Tatweer Petroleum said it would sign agreements within a few weeks with Italian oil major Eni and Japans JX Nippon to develop the Bahrain Field.

Tags: sign field deals develop

 

Murphy Oil To Buy LLOG Deepwater Gulf Of Mexico Assets For Up To $1.6 Billion

2019-04-23 15:10:03| OGI

The acquisition from LLOG Exploration and its affiliates is expected to strengthen Murphys GoM portfolio at a very attractive price, Murphy Oil CEO Roger W. Jenkins says.

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