India’s largest state-owned refiner, Indian Oil Corp (IOC), purchased up to 2.0 million barrels of Azeri crude for April loading in its third tender to buy sweet crude for the month. For full story, click here
Continue reading "India’s IOC purchases up to 2 mln bbls April Azeri crude"
Monday, August 18, 2008
This column will not be trying to determine who started the war or who is in the right, but how the war might affect the future of Caspian oil extraction and Caucasian transhipment. Aside from the direct damage of the war, ripples will be felt throughout the Black Sea, Caucasian and Caspian regions, with somewhat paradoxical effects on who benefits and who is placed at a disadvantage.
Continue reading "Fracas in the Caucasus"
Wednesday, August 6, 2008
Azerbaijan’s state oil company has declared force majeure on its exports of Azeri crude from Turkey, due to a fire at Baku-Tbilisi-Ceyhan crude oil pipeline. For full news, click here
Continue reading "SOCAR Calls Force Majeure On Azeri Ceyhan Oil Exports"
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Monday, February 23, 2009