W. Africa Crude-Some Angolan Spot Moves

Published

Credit:Pvince73/AdobeStock
Credit:Pvince73/AdobeStock

 A few Angolan spot cargoes changed hands on Thursday, while results from a few tenders were still outstanding.

Angola's state oil firm Sonangol sold its last February spot cargo, a Girassol, to Exxon Mobil after offering it at dated Brent plus 50 cents a barrel.

Exxon Mobil sold a cargo of Angolan Pazflor to an Asian buyer after offering the grade at dated Brent plus 80 cents a barrel, traders said. CNOOC was said to be the buyer.

India's MRPL bought a cargo of Ivorian Baobab from Vitol via tender for loading around Feb. 8-10.

Uruguay's ANCAP closed a tender on Thursday for February delivery crude but winner details did not immediately emerge. Winners of the Sasol and the latest IOC tender for crude loading Feb. 19-28 did not emerge.

Royal Dutch Shell's Nigerian subsidiary SPDC declared force majeure on exports of Nigerian Forcados crude oil after the obstruction of a tanker path by a malfunctioning barge, the company said late on Wednesday. 

(Reporting by Julia Payne; Editing by Anil D'Silva)

Current News

European Governments Commit to Wind Energy Expansion Despite Trump Criticism

European Governments Commit to

SLB Beats Profit Forecasts, Unveils $4B Return Plan

SLB Beats Profit Forecasts, Un

RWE Divests Swedish Wind Portfolio in Deal with Nordic Player Aneo

RWE Divests Swedish Wind Portf

DeepOcean Wraps Up Work at US Offshore Wind Project

DeepOcean Wraps Up Work at US

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine