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Egypt reduces arrears owed to foreign oil firms to $3.4bnEgypt has reduced the arrears it owes foreign oil companies to $3.4 billion in 2015/16 from $3.5 billion a year earlier, Petroleum Minister Tarek El Molla told Reuters on Monday. El Molla also said that Egypt r More… |
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EGAS tenders for two LNG cargoes for April deliveryEgypt's state-owned EGAS has tendered for two cargoes of liquefied natural gas (LNG) for April delivery, traders said. It is a closed tender which some of the companies already supplying EGAS can participat More… |
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Dubai's private LNG tender marks new forward price lowsThe Dubai Supply Authority (DUSUP) is holding a private tender to buy between four to six liquefied natural gas (LNG) cargoes each in 2016 and 2017, and is nearing the final stages of the process with an award expected soon, trade sources said More… |
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Saudi Aramco seeks 1.6m barrels gasoil for JuneSaudi Aramco is seeking 1.6 million barrels of gasoil for delivery in June, after earlier seeking similar volumes for May, traders said. Saudi Aramco Products Trading Company (ATC), a wholly-owned subsidiary of More… |
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Adnoc issues tender to buy gasoil, gasoline for EgyptAbu Dhabi National Oil Co (Adnoc) issued a tender to buy up to nine cargoes, or 300,000 tonnes, of gasoil for delivery into Egypt in April, traders said. The tender asks for up to six 33,000 tonne cargoes of 0. More… |
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Pertamina defers three diesel cargoes from KuwaitIndonesia's Pertamina has failed to lift about 270,000 tonnes of diesel from long-term supplier Kuwait Petroleum Corp this year, as demand for the fuel has dipped in Indonesia and on supply disruption in Kuwait, industry sources said. More… |
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Oil recovers over buying chanceOil prices recovered on Friday as traders saw the previous session's dip as an opportunity to snap up cargoes amid expectations that concerns over supply disruption from the Middle East would continue to support the market. More… |
