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Tag Archives: Oil

Five Western countries, Turkey and UAE back Libyan state oil firm

23 September 2019, 7:29 AM

Five Western countries including the United States, as well as Turkey and the United Arab Emirates, support Libyan state oil firm NOC as the sole legitimate authority for the country’s energy sector, a joint statement said on Sunday.

Saudi, Gulf stocks fall after attacks on Aramco oil plants

15 September 2019, 3:20 PM

Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom’s oil industry a day earlier knocked out more than half of Saudi crude output.

Libyan state oil firm cuts back fuel supplies to east amid battle over capital

7 September 2019, 7:58 AM

Libya’s state oil firm has restricted kerosene supplies to areas controlled by eastern commander Khalifa Haftar.

Sanctions choke Iran’s crude sales but oil product exports are booming

2 September 2019, 1:13 PM

While United States (US) sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show.

Ruptured pipeline in Nigeria’s Delta state spilled oil: NNPC chief

1 September 2019, 12:05 PM

A pipeline that ruptured on Friday in Nigeria’s Delta state spilled oil but has been contained, the head of state oil company NNPC said on Saturday.

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