Latin America Calls for Steps to Improve Oil Prices
Sunday, 10th April 2016
Latin American oil producers, including main exporters such as Venezuela, Colombia, Ecuador, and Mexico, asked to take the necessary steps to stabilize the global crude market in a bid to improve prices for the benefit of the producing and consuming countries.
Sinopec to Lease 75% of Hovensa Oil Storage Capacity
Wednesday, 2nd December 2015
Sinopec, Asia's biggest oil refiner, and Freepoint, US commodity trader, will take part in reviving the Caribbean oil refinery, Hovensa, in collaboration with Limetree Bay Holdings LLC, the buyer of the complex in St. Croix, US Virgin Islands.
Oman’s International Buying Spree Spans Three Continents
Wednesday, 1st July 2015
Oman, the largest oil producer in the Middle East outside of OPEC, plans to buy, lease or build fuel-storage tanks in East Africa to boost sales on the continent and open a U.S. office to trade refined products and Latin American crude.
Russia in Flurry of Talks with Saudi, OPEC, Latin American Producers
Thursday, 16th April 2015
Russia has been holding active, "unprecedented" consultations with the Organization of Petroleum Exporting Countries, a senior official said on Wednesday, a clear signal of Moscow's strive for higher oil prices.