The United States’ crude production from the country’s biggest shale formation is bound to reach 84,000 barrels per day (bpd) next month to a record
Category: News
Pivoting Away from the Middle East: India’s Oil Major Signs First Deal for American Crude
Indian Oil Corp (IOC), the country’s major refining company, has finalized its first annual deal to buy US oil, paying about $1.5 billion for 60,000
Kalium Lakes Granted Tenure for Its Australian Potash Project
Exploration and development company Kalium Lakes its one step closer to further developing its flagship Beyondie sulphate of potash project in Western Australia after it
Turkish Stream Controversy: Part of Russian-Controlled Pipeline to Pass Through Serbia
Serbia has been given an approval to construct a part of the Turkish Stream pipeline from the Bulgarian to the Hungarian border under the condition
Morocco on Track of Becoming the World’s Leader in Green Energy
Morocco is about to become a world leader in green energy. Being home to the globe’s largest solar farm built on 3,000 hectares in area,
Defying US Sanctions: Saudi Oil ‘Accidentally’ Headed for Venezuela
Saudi Arabia sent a large unusual shipment of oil to Venezuela, with shipments between the two countries being very rare. Supertanker Abqaiq – a very
Aussie Milestone: Australian Potash Produces Its First High-Grade SOP Fertilizer
Australian Potash produced the country’s first ever potash at its processing plant in Canning Vale, close to Perth, in Western Australia. The company has produced
Energy Geopolitics: In Change of Heart, Now Russia Has Nothing Against Croatia’s LNG Terminal
Croatia’s plan to construct an LNG terminal on its island of Krk has been recently endorsed by Russian Ambassador to the country, Anvar Azimov, in
Oil Market Update: Russia Lags Behind in OPEC Production Cut Compliance
Russian oil producers pulled out their first 42,000 barrels per day from the market last month under the OPEC production-cut deal, a bit lower than
Morocco to Start Implementing Fuel Price Cap Regulation by Mid-March
Morocco will start intervening to tame fuel prices starting in March after the margins of the major distributors such as Total Maroc and Vivo Energy