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Tag: crude
Oil prices recover as US crude stocks decline
2017-08-17 01:00:00| Offshore Technology
Oil prices have recovered with the support of falling crude inventories in the US following a fall of more than 1% in the previous session, though high production rates continue to restrict gains.
Tags: prices
oil
stocks
decline
Oil nearing two-month high as US crude market tightens
2017-07-31 01:00:00| Offshore Technology
Oil prices have reached a nearly two-month high triggered by a tightening in the US crude market and the possibility of new sanctions against major producer Venezuela.
Organised racket steals crude oil from Cairn Indias onshore field in Rajasthan
2017-07-24 01:00:00| Hydrocarbons Technology
Indian police have unravelled a smuggling case at Cairn Indias onshore oilfield in Barmer in the state of Rajasthan.
Tags: field
oil
organised
crude
Report: Global crude distillation unit capacity to reach 113 million barrels a day by 2021
2017-07-21 01:00:00| Hydrocarbons Technology
The global crude distillation unit (CDU) capacity is set to witness a compound annual growth rate (CAGR) of 14.2% by 2021, according to a report by GlobalData.
Tags: day
report
global
million
Ras Markaz Crude Oil Storage Terminal
2017-07-13 17:04:00| Hydrocarbons Technology
Oman Oil Company subsidiary Oman Tank Terminal Company (OTTCO) is developing the Ras Markaz crude oil storage park at Ras Markaz, located approximately 70km south of the Port of Duqum, Oman.
Tags: storage
oil
terminal
ras
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