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Tag: oil

Oil prices go up

Oil prices are rising as of December 30, to American Petroleum Institute (API) about a significant decline in US inventories. This is...

OPEC + countries agree on oil production volumes

The countries members of the Organization of the Petroleum Exporting Countries (OPEC) and their allies at the last meeting agreed on a...

First U.S. oil tanker arrives in Ukraine

The U.S. oil tanker docked in Odesa seaport, according to the port press service. It transported 80.5 thousand tons...

Global oil prices collapse again

World oil prices have fallen by 8%, according to Investing.com. After midnight, the price of North Sea Brent crude...

Belarus intends to import oil via Odesa-Brody pipeline

Belarus plans to start importing oil into its refineries through the Odessa-Brody pipeline in March. This was announced by the deputy head...

Belarus to import oil from Norway

In January, the Belarusian Oil Company will buy a batch of Norwegian oil produced at the Johan Sverdrup field. The deal was...

Ukrtransnafta received EUR 4.2 mln compensation for low-quality oil

Since May 2019, Ukrtransnafta received EUR 4.2 million of compensation from Transneft for pumping low-quality Russian oil into Ukrainian pipelines. This was...

Ukrnafta starts drilling new oil well in Lviv Oblast

The largest oil producing company Ukrnafta started drilling a new 1.5 km depth oil well in Lviv Oblast with expected productivity of...

Ukrhazvydobuvannia discover two new oil and gas fields

The largest Ukrainian state-owned gas producing company Ukrhazvydobuvannya has opened two new fields in Kharkiv and Poltava oblasts. According...

Negotiations on Russian polluted crude oil were to no avail –...

Talks between Russian and European pipeline companies have not produced clear answers on how to fix a massive oil contamination on the...

Iran sells oil on ‘gray market’, bypassing US sanctions

Iran sell oil on the "gray market", bypassing American oil export sanctions, said Iranian Deputy Minister of Oil Amir Hossein Zamaninia.

Scientists have discovered unique bacteria that feed on oil

Scientists of East England University have discovered bacteria that feed on oil. It lives in the deepest part of the World Ocean...

Ukrtransnafta suspends oil transit through Druzhba pipeline

Ukraine’s JSC Ukrtransnafta has suspended the transit of oil through the Mozyr-Brody (Druzhba) pipeline, the press service of the company said on...

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