Reuters BP said it had begun production at the Khazzan gas field in Oman, the sixth and largest of seven new upstream projects that are due to start for the British oil giant this year. Production at the field follows on from BP’s onshore compression and Juniper projects in Trinidad, West Nile Delta Phase 1 in Egypt, Persephone in Australia ...

BEIJING / Reuters Russia beat Saudi Arabia to become China’s top crude oil supplier for a sixth month in August, as independent refiners ramped up purchases and as state-owned refiners bought seaborne shipments from the Russian Far East port of Kozmino. China’s crude oil imports from Russia in August were 4.426 million tonnes, or about 1.04 million barrels per day ...

Bloomberg Oman, the biggest Arab oil producer outside of OPEC, is turning up the heat in a regional battle for business from ships in need of fuel with a $600 million deal to build storage tanks at the port of Sohar. Sohar Port and Freezone signed a contract with Singapore-based trader Trescorp Alliance Pte to build an initial fuel-storage capacity ...