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US crude prices rise as refineries restart production

2017-09-05 01:00:00| Offshore Technology

US oil prices have improved as refineries in the Gulf region of the country that closed after storm Harvey have resumed production.

Tags: prices production rise crude

 

Rosneft and CEFC sign agreement for supply of Russian crude oil

2017-09-04 01:00:00| Hydrocarbons Technology

Russian oil major Rosneft has signed both a strategic cooperation agreement and a contract with CEFC China Energy Company for the supply of Russian crude oil.

Tags: sign agreement supply oil

 
 

MMEX Resources receives approval to build crude refinery in Texas, US

2017-09-01 01:00:00| Hydrocarbons Technology

MMEX Resources has obtained Texas Commission on Environmental Qualitys (TCEQ) approval to construct a crude distillation unit with a 10,000 barrel per day (bpd) capacity near Fort Stockton in Texas, US.

Tags: us resources build texas

 

Armed militia blockade halts crude production of 360,000bpd in Libya

2017-08-31 01:00:00| Hydrocarbons Technology

Libyas state-owned National Oil Corporation (NOC) has revealed that crude production to the tune of more than 360,000 barrels per day (bpd) has been stalled in the country following blockades caused by armed militia.

Tags: production armed libya crude

 

Oil prices remain steady as US crude stocks continue to fall

2017-08-24 01:00:00| Offshore Technology

Oil prices have remained steady after rising in the previous sessions following another decline in the US crude stocks.

Tags: continue prices fall remain

 

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