(Tue, 31 Mar 2015) For the first time, EIA is providing monthly data on rail movements of crude oil, which have significantly increased over the past five years. The new data on crude-by-rail movements are integrated with EIA's existing monthly petroleum supply statistics, which already include movements by pipeline, tanker, and barge.
(Tue, 31 Mar 2015) For 2014, the U.S. Energy Information Administration (EIA) estimates that, excluding Iran, members of the Organization of the Petroleum Exporting Countries (OPEC) earned about $730 billion in net oil export revenues (unadjusted for inflation). This represents an 11% decline from the $824 billion earned in 2013, largely because of the decline in average annual crude oil prices, and to a lesser extent from decreases in the amount of OPEC net oil exports.
FORT DRUM, N.Y., March 30 (Reuters) - The United States supports Arab plans to create a unified military force to counter growing security threats in the Middle East, and the Pentagon will cooperate with it where U.S. and Arab interests coincide, Defense Secretary Ash Carter said on Monday.
SAO PAULO, March 30 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said in a securities filing on Monday that Mauro Gentile Rodrigues da Cunha, the board member elected by minority shareholders, had decided not to run for another term.
Qatra for Investment & Development (QID) Group and Hamad Bin Suhaim Enterprises have signed an initial $5bn agreement to purchase 49% stake in China's Shandong Dongming Petrochemical Group.
LONDON, March 30 (Reuters) - A group of investors led by former Tullow Oil chairman Patrick Plunkett said on Monday it had offered to help Gulf Keystone solve its funding problems but the firm had so far declined to engage in discussions.
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