Nigeria's Belemaoil resumes oil lease 55 operations after a three-year hiatus
The Nigerian independent producer Belemaoil Producing announced on Monday that it has resumed its operations at Oil Mining Lease 55, after a three year shutdown due to theft-related damage.
Enbridge, Enterprise to Develop GoM Crude Export Terminal
Enbridge Inc and Enterprise Products Partners LP on Monday signed an agreement to jointly develop a deepwater offshore crude oil export terminal in the Gulf of Mexico capable…
Sentinel Midstream Mulls Offshore Terminal
Dallas-based oil and gas company Sentinel Midstream is planning to develop a deepwater crude oil export terminal, located near Freeport, Texas. The completed facility will…
Sture oil export terminal operates as normal
Norway's Sture oil export terminal was operating as normal on Tuesday despite the nearby sinking of a shipwrecked navy vessel, operator Equinor said.The terminal was shut…
Yemeni Forces Seize Main Oil Terminal From al Qaeda
Yemeni government forces and their Emirati allies took back control of the country's largest oil export terminal from al Qaeda on Monday, security officials said, a day…
Islamic State Attacks Libya's Es Sider Port
Islamic State fighters clashed with security forces near Libya's Es Sider oil export terminal on Monday killing two guards and setting an oil storage tank on fire, witnesses…
Oil Passes $50 on Brazil Supply Worries
Follows Tuesday rally on U.S. pipeline outage, Libya. Oil prices held above $50 a barrel on Wednesday following a 3 percent jump a day earlier on the back of Brazilian and Libyan supply worries, a U.S.
Energy East Project Could Go Ahead With One Export Port
TransCanada Corp is still mulling alternative sites for a second oil export terminal for its Energy East pipeline, though the C$12 billion project could go ahead with just one export port…
TransCanada: No Terminal at Cacouna, Quebec
TransCanada Corp said it had scrapped plans to build a marine oil export terminal at Cacouna in Quebec as part of its Energy East pipeline project due to environmental concerns…
TransCanada will Not Build Oil Export Terminal in Quebec
TransCanada Corp has decided not to build a proposed oil export terminal in Quebec as part of its C$12 billion ($9.5 billion) Energy East pipeline, opting to ship the crude…
Libya Reopens Oil Port After Strike
Libya reopened its oil port of Hariga on Tuesday, ending a strike by guards that had threatened to further slash exports as rival factions fight for control of the OPEC country.
Production Begins at Sakhalin-1 Arkutun-Dagi Field
Exxon Mobil Corporation has begun production at the Sakhalin-1 project’s Arkutun-Dagi field, the last of the three fields to be developed. Peak daily production from the field is expected to reach 90…
Libya Containing Port Fire, Export Resumption in Question
Libya has made progress containing a fire at its largest oil port that has destroyed four days of the country's oil production but the damage to storage tanks will hamper efforts to resume exports…
US Crude Falls, Down for Fifth Week
U.S. crude oil futures fell on Friday for a fifth straight week of declines while Brent remained under pressure from a stronger dollar and plentiful supplies despite an…
Brent Below $103 as Oil Glut Persists
Brent was slightly higher but still trading below $103 a barrel on Friday, heading for a second weekly loss as easing geopolitical risks and ample global oil supply pressured prices. * U.S. U.S.
NOC to Load First Oil in a Year from Es Sider
Libya is due to start loading its first crude oil tanker in a year from top port Es Sider on Tuesday following a year-long blockade by eastern federalists, a Libyan oil official and trading sources said.
Libya's Hariga Port Still Closed by Protesting Guards
Libya's eastern-most oil export terminal, Hariga, was still closed on Friday by protesting oil guards waiting for their salaries to be transferred, a spokesman for the operating company said on Friday.
Libyan's Zueitina Port To Open After Damages Assessed
Libya's eastern oil port of Zueitina, which had been occupied by rebels as part of an eight-month oil blockade, will reopen after damage at its facilities has been assessed…
Russian Partners Agree Icebreaking OSV Constructions
Sakhalin Energy and Sovcomflot (SCF) inform they have agreed to extend their co-operation having signed a number of agreements for construction and long-term operation of…
Middle East Crude Steady; June Cargoes Trading
SINGAPORE, April 21 (Reuters) - The Middle East crude market held steady on Monday after prices firmed last week on buoyant demand from Japan. official selling prices. Demand…