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Sri Lanka Deploys Military To Maintain Fuel Supplies After Strike
Wednesday, July 26, 2017 Sri Lanka deployed its military to help distribute fuel after tens of thousands of employees of the state-run firm that controls the bulk of supplies in the island nation went on strike.

Sources: UAE Buys First US Oil Cargo To Replace Qatar Condensate
Wednesday, July 26, 2017 The United Arab Emirates will import the country's first oil cargo from the United States, two sources familiar with the matter say.

Neverland Tanker With Disputed Kurdish Oil Reappears Off Malta
Friday, July 21, 2017 The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30.

S. Korea Easing Rules At Oil Terminals In Effort To Become Trade Hub
Friday, July 21, 2017 South Korea is in the process of easing blending restrictions at its oil storage terminals as the world's No. 5 crude importer bolsters an effort to become a North Asia trading hub.


  


Vietnam Plans Oil Reserves Equivalent Of 90 Days Of Imports By 2020
Wednesday, July 19, 2017 Vietnam's prime minister has approved a plan for the country's total crude oil and oil product stocks to be at least 90 days' worth of net imports by 2020.

China Drafts New Rules Easing State Oil Majors' Grip On Storage
Wednesday, July 19, 2017 Beijing issues a draft of new regulations for China's growing oil and fuel storage industry.

Court Orders PDVSA to Allow Sale of Oil at Sovcomflot's Request
Tuesday, July 18, 2017 The court action suggests even political allies of Venezuela such as Russia are losing patience with PDVSA's payment delays.

Vietnam's Nghi Son Refinery to Import Its First Kuwaiti Crude Cargo
Tuesday, July 18, 2017 The 200,000 bpd plant will process Kuwaiti crude oil to produce LPG, gasoline, diesel, kerosene and jet fuel, mainly for the domestic markets.

Traders Shift Oil Products Out of Tanks as Short-Term Demand Soars
Friday, July 14, 2017 Some energy traders in Southeast Asia are cutting their use of storage tanks as short-term demand for oil products soars, hitting companies that rent out storage at a time when many of them have just expanded their capacity.

Magnitude 4.2 Earthquake Strikes Near Cushing Oil Storage Hub
Friday, July 14, 2017 An earthquake with a preliminary magnitude of 4.2 struck Stroud, Oklahoma, about 20 miles (32.2 km) from the key oil storage hub in Cushing, Oklahoma, the Oklahoma Geological Survey (OGS) said.


 
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