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Oil


Friday, May 4, 2012
Ekofisk platform
News

Crude Oil Loading Program at the North Sea Ekofisk Platform Increases

LONDON (Dow Jones)–The June loading program for North Sea Ekofisk crude oil is scheduled at 263,000 barrels a day, up from 237,097 barrels a day

May 4, 2012
Total Views: 57

Monday, April 30, 2012
USAN FPSO Nigeria total
News

Nigerian Crude Cargos Delayed from Total’s USAN FPSO

LONDON (Dow Jones)–Two cargoes of Nigerian Usan crude have been delayed from May to June, traders told Dow Jones Newswires Monday. The Total

April 30, 2012
Total Views: 76

Thursday, April 26, 2012
buzzard platform nexen
News

With Repairs Complete, Nexen Pushes to Restart Production at Buzzard

LONDON -(Dow Jones)- Repairs are complete at Nexen Inc.’s (NXY) Buzzard oil field in the North Sea, shut since Saturday after an incident, the

April 26, 2012
Total Views: 15

Tuesday, April 24, 2012
Two Cargos of Forties Crude Delayed Due to Buzzard Fire, Production Ramp Up Expected Soon
News

Two Cargos of Forties Crude Delayed Due to Buzzard Fire, Production Ramp Up Expected Soon

LONDON (Dow Jones)–Two cargoes from the May loading program of North Sea Forties crude have been deferred as the Nexen Inc. (NXY)-operated Buzzard oil

April 24, 2012
Total Views: 3

Monday, April 23, 2012
Buzzard Galaxy III platforms nexen
Fire Incidents

Forties Cargo Delays Expected as Fire Affects Production from Nexen’s Buzzard Platform

LONDON (Dow Jones)–Output at Nexen Petroleum Inc.’s (NXY) Buzzard oilfield, the largest contributing to the Forties crude stream, has been down

April 23, 2012
Total Views: 8

Saturday, April 7, 2012
iran greece motor oil hellas
News

Iran Halts Greek Oil Shipments After Bills Left Unpaid – UPDATE [REPORT]

LONDON -(Dow Jones)- Iran stopped shipping oil to Greece and may halt supplies to Royal Dutch Shell PLC (RDSB.LN, RDSA, RDSB) over unpaid bills, Iran media

April 7, 2012
Total Views: 106

Wednesday, April 4, 2012
brent crude oil prices
News

Crude Oil Trades Slightly Lower as Investors Take Profits

LONDON (Dow Jones)–Oil prices traded lower Tuesday as some investors took profits from a 2% surge in prices the previous day and others stayed on the

April 4, 2012
Total Views: 1

Tuesday, April 3, 2012
Bullish on Brent: “Betting on a Further Deterioration of Supplies”
News

Bullish on Brent: “Betting on a Further Deterioration of Supplies”

LONDON -(Dow Jones)- Oil market speculators were bullish on Brent crude prices in the week ended March 27, as fears about supply disruptions increased, though

April 3, 2012
Total Views: 0

Friday, March 30, 2012
Shell Ocana
News

Forties Crude Cargos Dropped Due to North Sea Field Shutdown

LONDON (Dow Jones)–Two more cargoes of North Sea Forties crude have been dropped from the April loading program and one delayed by several days as Total

March 30, 2012
Total Views: 9

Wednesday, March 28, 2012
single point mooring iraq leighton offshore
News

Leighton Offshore Provides New Single Point Mooring Terminal to Export Iraqi Crude

(Dow Jones) Iraq’s new single-point mooring, or SPM, terminal in the south is loading a third tanker Tuesday at a rate of 800,000-900,000 barrels a day,

March 28, 2012
Total Views: 179

production riser north sea oil
News

North Sea Oil Market Largely Unfazed by Elgin and Franklin Shutdown

LONDON (Dow Jones)–Weak demand for North Sea Forties crude due to refinery maintenance season and the availability of cheaper alternatives have prevented

March 28, 2012
Total Views: 4

Saturday, March 24, 2012
MT Seeb iranian VLCC supertanker
News

Is Iran Stockpiling Crude Oil in Supertankers?

LONDON (Dow Jones)–The number of Iranian supertankers storing crude long term rose this week, data from major brokerage ICAP showed Friday. Three NITC

March 24, 2012
Total Views: 5

Friday, March 16, 2012
vlcc hamoon
News

Iranian VLCC Delivers Fuel Oil To Singapore, Sanctions Create Difficulties for Oil Traders

SINGAPORE (Dow Jones)–Iran is shipping fuel oil to Singapore using a supertanker from its own fleet as Western sanctions make it difficult for buyers to

March 16, 2012
Total Views: 99

Thursday, March 8, 2012
vlcc ioanna
News

Shell Sends Another Shipment of Forties Crude to South Korea

LONDON (Dow Jones)–More North Sea Forties crude is set to move to Asia this month, pushing up prices as part of an arbitrage that until December was

March 8, 2012
Total Views: 8

Wednesday, March 7, 2012
ekofisk field norway
News

April Showers Bring… More Crude Oil from the Ekofisk Field

LONDON (Dow Jones)–The April loading program for North Sea Ekofisk crude oil is scheduled at 337,788 barrels a day, up from 296,832 barrels a day

March 7, 2012
Total Views: 1

Friday, March 2, 2012
Maharshi Parasuram shipping corporation india
News

Shipping Corp. of India Loses Iranian Oil Shipment Due to Insurance Coverage

MUMBAI (Dow Jones)–Indian Oil Corp. (530965.BY) has canceled an Iran spot shipment contract with Shipping Corp. of India (523598.BY) because of the

March 2, 2012
Total Views: 7

Monday, February 27, 2012
crude oil index
Blog

Oil Prices and the Shipping Industry

– By Rojda Akdag, Managing Director, MTS Logistics Crude oil prices have many affects on our daily life from gas that we use in our daily commute to

February 27, 2012
Total Views: 248

Sunday, February 26, 2012
exxonmobil logo
Finance

Go Big or Go Home…ExxonMobil Announces Massive Spending Plan

HOUSTON -(Dow Jones)- Exxon Mobil Corp. (XOM) said Friday it plans spend a record $37 billion annually in capital projects for the foreseeable future, becoming

February 26, 2012
Total Views: 2

Friday, February 24, 2012
abdullah india saudi
News

India Nudges Saudi Arabia…Yo Send Us More Oil Please

NEW DELHI -(Dow Jones)- India has asked Saudi Arabia, its largest crude oil supplier, to augment daily shipments by up to 100,000 barrels each year over the

February 24, 2012
Total Views: 5

Thursday, February 23, 2012
Hanjin London 5300-TEU-Class
Finance

Hanjin Shipping To Maintain Oil Hedging Ratio At 30% Due to Fuel Price Volatility

SEOUL (Dow Jones)–Hanjin Shipping Co. (117930.SE) will maintain a oil hedging ratio of 30% of bunker fuel purchases this year in order to be less

February 23, 2012
Total Views: 5
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