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Top News In Oili Today - Breaking & Trending Today

Analysis: Iraq's ambition to match Saudi oil output is out of reach

Iraq's oil output and capacity may peak following growth of around 25% over the next five years, falling short of 2027 targets and ending a long-standing ambition to rival the output of Saudi Arabia. ....

Saudi Arabia , United Arab Emirates , City Of , United Kingdom , Ahmed Rasheed , Rowena Edwards , Hayan Abdel Ghani , Aditya Saraswat , Patrick Pouyanne , Maha El Dahan , Barbara Lewis , Iman Nasseri , Simon Webb , Exxonmobil Corp , Crescent Petroleum , Iraq Oil , Rystad Energy , Royal Dutch Shell Plc , Thomson Reuters Trust Principles , Organization Of The Petroleum Exporting Countries , Petroleum Exporting Countries , Oil Minister Hayan Abdel Ghani , Asim Jihad , Middle East , Thomson Reuters Trust , Repi Exploration Production ,

Vietnam sends ship to track Chinese vessel patrolling Russian gas field in EEZ -data

A Vietnamese ship monitored a Chinese Coast Guard vessel on Saturday in a Russian-operated gas field in Vietnam's South China Sea exclusive economic zone (EEZ), data show - the latest Chinese patrol in a pattern stretching more than a year. ....

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Saudi Aramco to ramp up Jizan fuel output, sources say

Saudi Aramco's Jizan refinery is set to increase output of ultra-low sulphur diesel (ULSD) and reduce exports of vacuum gasoil (VGO) as it ramps up production in the second quarter, industry sources said. ....

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Venezuela's Maduro suspends PDVSA restructuring committee after minister quits

Venezuela's President Nicolas Maduro suspended a committee he had appointed to restructure state oil firm PDVSA under the supervision of Tareck El Aissami, the oil minister who resigned last week amid an expanding anti-corruption probe into the company and the judiciary. ....

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Libya signs South Refinery contract with Honeywell

A subsidiary of Libya's state-owned National Oil Corp (NOC) said on Sunday it had signed a contract with U.S.-based Honeywell for engineering work on the planned South Refinery project, likely to cost between $500 million and $600 million. ....

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