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Neverland Tanker With Disputed Kurdish Oil Reappears Off Malta
Friday, July 21, 2017 The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30.

S. Korea Easing Rules At Oil Terminals In Effort To Become Trade Hub
Friday, July 21, 2017 South Korea is in the process of easing blending restrictions at its oil storage terminals as the world's No. 5 crude importer bolsters an effort to become a North Asia trading hub.

China Drafts New Rules Easing State Oil Majors' Grip On Storage
Wednesday, July 19, 2017 Beijing issues a draft of new regulations for China's growing oil and fuel storage industry.

Vietnam Plans Oil Reserves Equivalent Of 90 Days Of Imports By 2020
Wednesday, July 19, 2017 Vietnam's prime minister has approved a plan for the country's total crude oil and oil product stocks to be at least 90 days' worth of net imports by 2020.

Vietnam's Nghi Son Refinery to Import Its First Kuwaiti Crude Cargo
Tuesday, July 18, 2017 The 200,000 bpd plant will process Kuwaiti crude oil to produce LPG, gasoline, diesel, kerosene and jet fuel, mainly for the domestic markets.


  


Court Orders PDVSA to Allow Sale of Oil at Sovcomflot's Request
Tuesday, July 18, 2017 The court action suggests even political allies of Venezuela such as Russia are losing patience with PDVSA's payment delays.

Magnitude 4.2 Earthquake Strikes Near Cushing Oil Storage Hub
Friday, July 14, 2017 An earthquake with a preliminary magnitude of 4.2 struck Stroud, Oklahoma, about 20 miles (32.2 km) from the key oil storage hub in Cushing, Oklahoma, the Oklahoma Geological Survey (OGS) said.

Traders Shift Oil Products Out of Tanks as Short-Term Demand Soars
Friday, July 14, 2017 Some energy traders in Southeast Asia are cutting their use of storage tanks as short-term demand for oil products soars, hitting companies that rent out storage at a time when many of them have just expanded their capacity.

Top Iran Oil Tanker Firm NITC Says Shipments To Europe Increasing
Monday, July 10, 2017 NITC, Iran's leading oil tanker operator, said its shipments to Europe were increasing daily.


 
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