Vitol denies sending fuel oil to Syria
Trading house Vitol has denied that it is selling fuel oil to Syria, a spokesperson said on Tuesday after Reuters reported that it had chartered a tanker to deliver fuel to run the country’s power stations.
Trading house Vitol has denied that it is selling fuel oil to Syria, a spokesperson said on Tuesday after Reuters reported that it had chartered a tanker to deliver fuel to run the country’s power stations.
Saboteurs blew up a gas pipeline 60 km (37 miles) west of the Egyptian town of al-Arish in northern Sinai on Friday, the latest in series of attacks, state news agency MENA reported.
Iraq signed a final USD 17 billion deal with Royal Dutch Shell and Mitsubishi on Sunday to
capture flared gas at southern oilfields, a project that should boost production of badly needed electricity.
Iran denied on Friday reports that the Islamic state had purchased crude from sanctions-hit ally Syria, the semi-official Mehr news agency quoted a senior oil official as saying.
Masked gunmen on Friday blew up a gas pipeline which supplies Egyptian gas to Israel, the official MENA news agency reported, in the eighth such attack this year.
Hindustan Petroleum (HPCL) is looking to buy crude from sanctions-hit Syria and has asked state-run Shipping Corp of India (SCI) to arrange a vessel, sources familiar with the plan said on Wednesday.
Libya’s National Oil Corporation (NOC) will inform the winners for its 2012 crude oil contracts within the next two weeks, a senior NOC official told Reuters on Tuesday, as a handful of top officials meet with around 50 hopeful clients from oil majors and top trading houses this week.
Iran has lifted crude from sanctions-hit Syria, the country’s first export since late September, and more exports could follow from the country as buyers from India, Russia and China line up vessels, the International Oil Daily reported on Wednesday.
European energy giant Royal Dutch Shell says Qatar’s emir has inaugurated a huge facility to convert natural gas into liquid fuel.
Iraq will sign a final accord on Nov. 27 with Royal Dutch Shell Plc and Mitsubishi Corp. for a $17 billion project to capture natural gas from fields in the south of the country, according to the Oil Ministry.