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Kazakh oil producers eye re-routing away from CPC as margins turn red


Kazakh oil producers are seeking to re-route their flows away from a traditional private pipeline running to the Black Sea

IOC declares force majeure on oil purchases from Saudi, UAE, Iraq, Kuwait


India’s top oil firm IOC has declared force majeure on crude purchases from four of its biggest suppliers – Saudi

Qatargas delivers first Q-Flex LNG cargo to Zhoushan terminal in China


Qatargas Operating Company Limited (Qatargas) announced yesterday the delivery of the first cargo of liquefied natural gas (LNG) on a

Höegh LNG: Applying for LNG import licence in Cyprus


Höegh LNG Holdings Ltd. advices that its subsidiary, Höegh LNG Ltd., has applied for an LNG infrastructure ownership, operations and

S.Korea’s March crude oil imports fall 5.2% y/y – preliminary data


South Korea’s March crude oil imports fell 5.2% to 82.5 million barrels from a year earlier, preliminary data from the

Chinese buyers snap up U.S. oil purchases at widest discounts ever


China has increased U.S. crude purchases with some buyers snapping up cargoes at the widest discounts ever as sellers seek

Traders scramble to sell cheap crude cargoes as glut grows


Oil traders across the globe are offering cargoes far in advance as rapidly vanishing demand drives key physical crude prices

Petrobras increases liquefied petroleum gas imports – statement


Brazilian state-owned oil company Petrobras is increasing liquefied petroleum gas imports, it said on Monday, as consumer demand in some

India’s HPCL invokes force majeure on Iraqi oil – industry source


Indian refiner Hindustan Petroleum Corp Ltd has issued a force majeure notice to Iraq’s Oil Marketing Company (SOMO) to cancel

Saudi Arabia plans to boost oil exports to 10.6 million bpd from May


Saudi Arabia plans to boost its oil exports to 10.6 million barrels per day from May because the country is

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