Archive for crude oil


Al-Arabiya
Libyan Government Eyes Olive Oil, not Crude Oil, for Recovery
Journal of Turkish Weekly
Libya is turning to olive oil – the green gold of the Mediterranean – to compete with its North Africa neighbors, conquer European markets and diversify its hydrocarbon-dependent economy. “Libya has decided to promote the quality of its olive
Libya Tries to Exploit Olive Oil SourcesTripoli Post

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Iran’s crude oil sales dived to just 800,000 barrels per day (bpd) in July, due to Western sanctions, but are likely to have bounced back last month, a senior Iranian legislator was quoted as saying on Sunday. Iranian officials usually play down the impact of U.S. and European restrictions on their oil industry, with Iran’s oil minister saying on Saturday production would hold ste

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The Guardian
Why Libya's 'sweet' crude oil is not enough to tempt BP or Shell
The Guardian
A decade ago Libya was at the centre of dramatic stories alleging cloak-and-dagger diplomacy between then-BP boss Lord Browne, Colonel Gaddafi and MI6 agents. And barely 12 months ago British warplanes were in action over Tripoli – this time fighting
Oil and gas − a pyrrhic victory for party acolytesMalta Independent Online
Mediterranean Oil & Gas lands Genel as Malta partner in two-well dealProactive Investors USA & Canada

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Algeria’s largest oil and gas firm, Sonatrach is planning to import 2 million tons of diesel oil in exchange for crude oil, in a move aimed at enabling the country to meet up its soaring local demand in fuel, Sonatrach CEO Abdelhamid Zerguine said. “The surge in domestic consumption will require the company to import two million tons of diesel – up by 700,000 tons from 2011 – and

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Japan is one of the major buyers of Iranian crude oil, and says it is going to provide insurance coverage for Iranian tankers, while China is offering to use its own vessels for delivery in bid to circumvent EU crude sanctions.
The Japanese parliament has approved government insurance cover of up to $7.6 billion for each tanker which carries Iranian crude to the country. Meanwhile China offe

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Globe and Mail
RPT-COLUMN-Libya is template for releasing oil stocks in 2012: Kemp
Reuters
RELEASE AFTER LIBYA Stock releases are always controversial. The IEA has authorised them only three times since the agency was established in 1974. In the run up to the first Gulf War in 1990-1991, the agency implemented a contingency plan covering
As Oil Prices Rally, Time to Buy Energy?Investorplace.com
MARKET WATCH: Iran, Greek concerns boost crude oil pricesOil & Gas Journal
Oil swoops back onto recovering investors' radarBusiness Standard
Futures Magazine -Business Spectator
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