Page 102 - Vitol News Today

By Alisa Odenheimer (Bloomberg) – Israel exported oil for the first time, sending a shipment to Europe from Energean Plc’s offshore Karish field. While the country began sending natural gas abroad...

Oil and gas company Energean on Tuesday announced the first ever lifting of an Israeli crude oil cargo had taken place at…

Listen to the audio version of the articleIsrael has exported oil for the first time, sending a cargo to Europe from the Karishm offshore field operated by the Energean company, listed in London and Tel Aviv.Although Israel has been extracting and sending natural gas abroad for several years, it has never produced significant amounts of…

Energean has confirmed the first ever lifting of an Israeli crude oil cargo has taken place at the Company’s Karish field. For the first time in the history of Israeli oil & gas production, hydrocarbon liquids will be exported to global markets.

Oil prices may have fallen too far and are likely to rally in the months ahead as China’s economy surges forward according to Pierre Andurand.

A unit of Vitol Group agreed to acquire Petroliam Nasional Bhd.s 74 percent stake in Engen Ltd.

Pierre Andurand says Europe has weaned itself off Russian natural gas and is unlikely to return to it

Malaysian state energy company Petronas (PETR.UL) is selling its 74% stake in South Africa's largest gas station chain Engen to Vivo Energy, the firms said on

Engen and Vivo Energy have merged their respective African businesses in a bid to create one of Africa’s largest energy distribution companies.

PETRONAS has reached an agreement to sell its entire 74 per cent interest in Engen to Vivo Energy, one of the largest African fuel retail operators and part of multinational energy company Vitol.