1. Suez Canal Oil Transit Hits 2015 Peak But Revenues Fall

    ...sult of last years’ low oil prices compared with 2014, which improved refining margins and encouraged European refiners to export to Asia. Hence gasoline transit leapt 66.2% to a record 9.86mn tons (230,000 b/d) and naphtha rose 18.7% to a record 18.25mn tons (410,000 b/d). Southbound LNG transit am...

    Volume: 59
    Issue: 04
    Published at Fri, 29 Jan 2016
  2. India Scrambles To ‘Correct’ Iran Crude Imports Ahead Of Obama Visit

    ...the first three quarters of this fiscal year (April 2014 – March 2015) versus last, violating in theory, the terms of the Joint Plan of Action (JPA) – the interim nuclear deal struck between Iran and world powers in late 2013, which required Iran’s oil customers to maintain purchases at what was th...

    Volume: 58
    Issue: 04
    Published at Fri, 23 Jan 2015
  3. Unrest Threatens Yemen Oil, LNG Operations As President Quits

    ...tput offline. Operations at Blocks 18 and 5 in the nearby Marib province – operated by state-owned Safer Petroleum and Kuwait Energy respectively – are also hit. Here violence has escalated as the Houthi movement pushes further east (MEES, 19 December 2014). These stoppages have dragged output in th...

    Volume: 58
    Issue: 04
    Published at Fri, 23 Jan 2015