Tag: exports
-
Revenues from Saudi oil exports declined by $8 billion in March
Saudi oil export revenues declined, during last March, on an annual basis, with the decline in average oil prices compared to the same period in 2022. And official data – seen by the specialized energy platform – showed that Saudi Arabia’s oil revenues decreased, in March, by 26.5%, compared to the same period in 2022.…
-
UAE oil exports to Europe may triple in July
UAE oil exports to Europe have begun to witness an increase in the recent period, with the decline in supplies from Russia, amid the efforts of the countries of the old continent to diversify their imports. A number of experts expected that oil exports from the UAE to Europe would increase in the coming months,…
-
Agency: Iraqi oil exports will not exceed 3.3 million barrels per day in May
Iraqi oil exports in May 2023 are expected to remain close to last month’s levels, given the continued suspension of production in the Kurdistan Region of Iraq and exports via Turkey. Additional Iraqi oil export capacity from the southern export ports in the Persian Gulf is “limited,” a senior Iraqi oil official told S&P Global…
-
Kurdistan’s oil exports to Turkey have stopped despite the passage of more than a month.. What is the reason?
Kurdistan’s oil exports from northern Iraq to Turkey are still suspended, despite the passage of more than a month since the cessation of flows from Kirkuk to the port of Ceyhan. Iraqi sources revealed the reasons for the delay in resuming the export of Iraqi oil from the Turkish port of Ceyhan on the Mediterranean,…
-
Saudi Aramco exports its first low-emissions ammonia shipment to Japan
Saudi Aramco succeeded in exporting the first certified low-emission ammonia shipment for electricity generation to Japan, in cooperation with FOC, SABIC Agro-Nutrients, MOL and GOE. The first shipment of low-emission ammonia from Saudi Arabia supports Japan’s ambition to decarbonize sectors whose emissions have been difficult to reduce. Aramco said in a statement today, Thursday, April…
-
Chinese fuel exports decreased for the second time in 2023
Chinese fuel exports in the second batch of 2023 are expected to decline by up to 12 million tons (85.2 million barrels), as domestic demand continues to improve. A survey of 4 government refining sources and 3 consulting firms showed that the second batch of export quotas for gasoline, red diesel and jet fuel could…
-
An expected decrease in the exports of the Kuwaiti Al-Zour Refinery after the closure of one of the units
It seems that the exports of the Kuwaiti Al-Zour refinery will witness a decline during the coming period, despite expectations of an increase in supplies to Europe and Asia to compensate for Russian fuel. The crude distillation unit at the refinery of the state-owned Kuwait Petroleum Corporation was closed due to a technical problem, according…
-
Nigerian oil exports are looking for buyers… 20 shipments suspended due to France’s strikes
Nigerian oil exports are still facing the repercussions of France’s two-month-old strikes against the regulation to raise the retirement age, without response from the French government. France’s strikes coincide with the seasonal maintenance season for refineries in most European countries, which contributed to increasing pressure on Nigeria’s oil exports, according to Bloomberg. Nigerian oil exports…
-
Official: Russian oil exports are changing their path to friendly countries
It is no longer difficult for Russian oil exports, which have been affected by Western sanctions, to reach friendly countries, in the wake of Moscow’s circumvention of Western restrictions that restrict the Russian energy industry. Western governments clamped down on Russian energy supplies; With the aim of drying up the sources of its revenues, which…
-
Iraqi Kurdistan’s oil is stacked in storage tanks after exports through Turkey stopped
Iraqi Kurdistan’s oil faces an unknown fate after Turkey halted pipeline exports, implementing a court ruling in Baghdad’s favor that ended a nearly 9-year-long case. Companies operating in the Kurdistan region of Iraq have been forced to transfer oil to storage tanks, which have limited capacity, pending the outcome of the ongoing discussions between Ankara,…