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Jordan has acknowledged receiving its first shipment of crude oil from Saudi Arabia to replace supplies from Iraq but has staunchly denied that it is negotiating with Israel to reopen the oil pipeline from Iraq's northern oil fields to the Israeli port of Haifa.
Jordan's Energy and Mineral Resources Minister Mohammad Batayneh has confirmed that his country will continue to receive shipments of crude oil from Saudi Arabia, the UAE, and Kuwait for a further 3-month period.
The United Nations has acted to halt unauthorized Iraqi oil exports. It will issue forms to tanker personnel charged with oil loading in order to check that cargoes leaving Iraq are headed for "approved" destinations. Under the plan, UN oil monitors will distribute forms verifying the export's
The United Nations acted Tuesday to halt unauthorized Iraqi oil exports. It will issue forms to tanker personnel charged with oil loading in order to ensure that crude cargoes leaving Iraq are not diverted to destinations other than those authorized under the Iraqi oil-for-food program.
It's too soon to say whether new revelations by North Korea of a nuclear weapons program will spur US moves to suspend a fuel oil supply agreement, said US officials.
Associated British Ports (ABP) has opened a third berth at its Immingham oil terminal on the U.K.'s River Humber to speed import and export turnarounds for two nearby refineries. ABP said the new berth will increase terminal capacity by 20%. Last year 16.5 million metric tons of crude oil, ...
Pipelines accounted for 53% of total U.S. crude and petroleum products shipments in 1989, up from 50.1 % in 1988. However, the Association of Oil Pipe Lines reported last week, total crude and products shipments via pipeline in 1989, the most recent year for which data are available, dropped to ...
There are faint glimmers of hope again for Offshore California operators. After more than a decade of often bitter strife over offshore oil and gas development and transportation issues, state officials and oil producers may be moving toward compromise solutions. One such solution may be
Magellan Midstream Partners LP said it will build a new origin at Barnhart, Tex., to accept crude oil shipments on its Longhorn Pipeline. The new origin point, about 75 miles east of the pipeline’s Crane, Tex., origin, will cost
the previous session, on reports that Iran’s National Security and Foreign Policy Committee drafted a bill to ban oil shipments through the Strait of Hormuz to countries supporting sanctions against that nation. The front-month crude contract