OIL - RADAR DAILY

Eni reaches its highest ever production level

Feb 22, 2019 (UPI)

Eni said the "record hydrocarbons production" is a 2.5 percent increase from 2017. In refining, the acquisition of a stake the largest refinery in the United Ar...

China against forcefully sending aid to Venezuela

Feb 22, 2019 (AFP)

China has loaned billions to Venezuela and has remained committed to President Nicolas Maduro even as the country has fallen deeper into economic crisis. Foreig...

Anadarko signs 20-year LNG deal with Indonesia's Pertamina

Feb 22, 2019 (UPI)

"Indonesia is expected to be one of the fastest growing natural gas markets in Asia and Pertamina, the national energy company of Indonesia, will play a key rol...

Canada energy regulator gives nod to Pacific pipeline

Feb 22, 2019 (AFP)

Prime Minister Justin Trudeau's government ordered a review of the Trans Mountain Project taking into account its impact on killer whales after the Federal Cour...

Total, Aramco to retail fuel in Saudi Arabia

Feb 22, 2019 (UPI)

The venture starts with an existing network of 270 service stations just acquired from local companies TMC and STC, along with a tanker fleet. The plan is to in...

Petrobras starts 150K barrels-per-day platform in pre-salt field

Feb 22, 2019 (UPI)

"It is the second platform to start up in 2019, out of a total of four planned for this year, in line with Petrobras' strategic plan," the company said. The pla...

Russia's Far East gas to start China deliveries by December

Feb 22, 2019 (UPI)

"Construction of the Power of Siberia gas pipeline is going ahead of schedule, and Gazprom will start delivering gas to China well in advance, as early as Decem...

Saudi crown prince arrives in China

Feb 21, 2019 (AFP)

Mohammed is expected to meet Chinese President Xi Jinping on his two-day trip to the Chinese capital following visits to Pakistan and India. The tour has allowe...

Brazil VP says US military intervention in Venezuela 'wouldn't make sense'

Feb 21, 2019 (AFP)

"I think they're more in the realm of rhetoric than action," Mourao said, referring to the threats, in an interview with AFP. "The Venezuela question needs to b...

Venezuela 'on alert,' suspends links with Curacao to block aid

Feb 20, 2019 (AFP)

Opposition leader and self-declared interim president Juan Guaido has vowed to bring aid in from various points Saturday "one way or another" despite military e...

Venezuela 'on alert,' closes Curacao border ahead of aid shipment

Feb 19, 2019 (AFP)

Opposition leader and self-declared interim president Juan Guaido vowed to bring aid in from various points Saturday "one way or another" despite military effor...

Pro pipeline protest rolls into Canada's capital

Feb 19, 2019 (AFP)

Parked outside parliament, they honked horns and waved placards reading "Canadians need pipelines and good paying jobs," as they pressed for new regulations all...

Venezuela military backs Maduro, on 'alert' for border violations

Feb 19, 2019 (AFP)

"The armed forces will remain deployed and on alert along the borders ... to avoid any violations of territorial integrity," said Defense Minister Vladimir Padr...

Shell, Eni, ExxonMobil win concessions in Egypt oil, gas exploration tender

Feb 15, 2019 (UPI)

According to Daily News Egypt report Wednesday, Shell picked up the crude oil exploration areas sector 7 West Fayoum, sector 9 South East of Horus, and sector 1...

US military to ship Venezuela aid to Colombia

Feb 15, 2019 (AFP)

Speaking on condition of anonymity ahead of a formal announcement, the official said the aid would be sent in the coming days, most likely aboard a C-17 transpo...

Saudi crown prince to visit China

Feb 15, 2019 (AFP)

The Saudi Arabian leader, who has come under suspicion over an alleged role in the killing of journalist Jamal Khashoggi, will visit next Thursday and Friday an...

Oil prices stronger as China, US restart trade talks

Feb 15, 2019 (UPI)

West Texas Intermediate crude future prices as of 7:56 a.m. EST were 0.9 percent higher to $54.37 per barrel while Brent crude futures rose 1.3 percent to $64.4...

IEA: Oil market to adjust after initial Venezuela disruption

Feb 15, 2019 (UPI)

"The sanctions are already making it difficult for PDVSA to export oil. Even so, IEA: Oil market to adjust after initial Venezuela disruption benchmark crude oi...

More data, more land reclamation success

Feb 14, 2019 (SPX)

Energy pipelines transport products such as crude oil or natural gas. Some of the pipelines are above ground, but most of them are buried. Often, energy pipelin...

Venezuela at UN enlists countries in show of support

Feb 14, 2019 (AFP)

Venezuelan Foreign Minister Jorge Arreaza told reporters the newly-formed support group would take action in the coming days "to raise awareness around the dang...