Search For "barrels"
Red Sea: UN successfully transfers Yemeni vessel carrying millions barrels
Updated : 2 years, 9 months ago IST
The tanker was the subject of more than three years of appeals from the UN and environmental organizations who warned that a lack of maintenance during Yemen’s civil war meant the nearly 50-year-old vessel was at risk of spilling four times as much oil as happened in the 1989 disaster involv
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UAE meets 37.4 per cent of Japan's crude oil needs in June
Updated : 2 years, 9 months ago IST
Japan's crude oil imports from the United Arab Emirates amounted to 25.63 million barrels in June 2023 or 37.4 per cent of total imports, the Natural Resources and Energy Agency of Japan's Ministry of Economy, Trade and Industry said.
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Red Sea: United Nations-led mission to offload decaying supertanker carryi
Updated : 2 years, 9 months ago IST
If a spill occurs, it would shut down Yemeni ports that its people rely on for food aid and fuel, impacting 17 million people during an ongoing humanitarian crisis caused by the country’s civil war and a Saudi-led military assault on the country. Oil could bleed all the way to the African co
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"Shrouded in secrecy," Pakistan trumpets its Russian oil imports: Report
Updated : 2 years, 11 months ago IST
On Sunday, a ship docked at the port of Karachi with the equivalent of around 3,30,000 barrels of Russian crude oil. Next week, a different vessel with a little bit more oil is anticipated. Shehbaz Sharif, the prime minister of Pakistan, referred to the imports as transformative for the nati
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China only looks for profits, ignores climate while "developing" African o
Updated : 2 years, 11 months ago IST
When completed, the 1445 km long project from the Ugandan oilfields of Lake Albert is expected to deliver 216,000 barrels. It will be sent to worldwide markets after arriving at the port of Tanga in Tanzania's Indian Ocean.
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India is now Europe's largest supplier of refined fuels
Updated : 3 years ago IST
Europe's reliance on Indian crude oil products has grown since the ban on Russian oil. Europe's refined fuel imports from India are set to surge above 360,000 barrels a day, edging just ahead of those of Saudi Arabia, Kpler's data show.
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Nigeria probes sale of stolen 48 mn barrels of crude oil to China
Updated : 3 years, 1 month ago IST
"It is quite alarming that illegal deals with China cost Nigeria USD 2.4-billion revenue loss from the sale of stolen 48 million barrels," Nigeria's Speaker of the House of Representatives Femi Gbajabiamila said in Abuja on Tuesday, at the opening of the ad hoc committee set up to probe the
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Russia's oil exports hit 3-year-high in March, revenues up USD 1 bn: IEA
Updated : 3 years, 1 month ago IST
Russia's supplies by sea grew by 0.6 million barrels per day to 8.1 mn barrels per day, the agency said, adding that deliveries of petroleum products rose by 450,000 barrels per day month-on-month to 3.1 million barrels per day.
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OPEC Plus announces oil output cuts of around 1.16 mbpd
Updated : 3 years, 1 month ago IST
Riyadh, Saudi Arabia's capital and main financial hub said it would cut output by 500,000 barrels per day, or BDP, from May until the end of 2023, state media reported.
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Iranian govt increases oil sales to China despite economic sanctions
Updated : 3 years, 3 months ago IST
According to VOA, Iran does not publish statistics about its oil sales, but analysts say Tehran has increased oil exports to more than 1.2 million barrels per day over the past three months.
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India's October crude oil demand gets festive season boost: S&P Global
Updated : 3 years, 6 months ago IST
India's oil product demand during October increased month-on-month by 113,000 barrels per day, supported by an uptick in economic activities in the post-monsoon season and the Diwali festival, acoording to S&P Global Commodity Insights.
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Biden announces release of 15 million barrels of oil from strategic reserv
Updated : 3 years, 7 months ago IST
Washington [US], October 20 (ANI): US President Joe Biden has announced the release of 15 million barrels of oil from the United States strategic reserve, part of a response to recent production cuts announced by OPEC+ nations.
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