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Middle East

S. Korea's KNOC refreshes Iraqi crude supplies in oil reserves

SEOUL/SINGAPORE (Reuters) — Korea National Oil Corp (KNOC) issued several tenders to buy and sell Iraqi crude from its strategic petroleum reserves (SPR) this week, three industry sources with knowledge of the matter said on Friday.

Iraqi PM's office says Turkey agrees to deal only with Baghdad on oil exports

BAGHDAD (Reuters) — Turkey told Iraq it would deal only with the Iraqi government on crude oil exports, the office of Iraqi Prime Minister Haider al-Abadi said on Thursday.

OPEC says winning battle to curb oil glut

VIENNA (Reuters) — OPEC and other oil producers are clearing a glut that has weighed on crude prices for three years and may wait until January before deciding whether to extend their output curbs beyond the first quarter of 2018, ministers said on Friday.

ADNOC to cut November crude oil exports to Asia

SINGAPORE (Reuters) — Abu Dhabi National Oil Company has informed buyers in Asia it will reduce supplies of its flagship Murban crude by 15% in November to comply with OPEC production cuts, trade sources said on Wednesday.

Iran plans to trim condensate exports to Asia in October

SINGAPORE/BEIJING (Reuters) — The National Iranian Oil Co has informed buyers in Asia that it could reduce condensate exports in October because of maintenance at the South Pars gas field, six industry sources said on Tuesday.

CB&I to supply storage tanks for Greenfield refinery project in Oman

THE WOODLANDS, Texas — CB&I announced a consortium between CB&I and Saipem S.p.A. has been awarded a contract by Duqm Refinery and Petrochemicals Industries Company L.L.C. (DRPIC) for EPC Package 3 for the Duqm Refinery Project.

Saudi to supply full crude allocations to most Asian refiners

SINGAPORE/SEOUL (Reuters) — Saudi Arabia will supply full contracted volumes of crude oil to at least five north Asian term buyers in October, while a sixth regional refiner was notified of cuts to its October Arab Extra Light supplies, sources familiar with the matter said on Monday.

Saudi Aramco to add 1.9 MMbbl of crude oil to its Japan storage

TOKYO (Reuters) — Oil giant Saudi Aramco will on Wednesday add 1.9 MMbbl of crude to storage that it holds in Japan, a Japanese trade ministry official said on Monday.

Iraq's August oil exports average 3.216 MMbpd

BAGHDAD (Reuters) — Iraq's oil exports slipped to 3.216 MMbpd in August from 3.230 MMbpd in July as no shipments were made from the northern Kirkuk field, the oil ministry said on Saturday.

Bahrain's Bapco to meet Technip-led consortium for talks on refinery expansion

KHOBAR, Saudi Arabia (Reuters) — State-run Bahrain Petroleum Co (Bapco) will meet a consortium led by France's Technip for further talks over the planned expansion of Bahrain's only oil refinery, sources close to the matter told Reuters.