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GOLD 4039.50 −2.7% SILVER 54.63 −5.3% COPPER 6.40 −2.7% OIL 99.16 +2.1% PALLADIUM 1051.00 −3.6% ABI 0.060 +0.0% AUGC 0.245 −12.5% ITR 3.18 −5.4% LKY 0.005 +0.0% IGO 0.125 +0.0% CCMM 0.390 −9.3% FVI 13.33 −8.1% KTN 0.840 −10.6% FTUR 0.240 −14.3% YARR 0.150 +0.0% ATY 0.215 −8.5% EMNT 0.290 −14.7% MOO 0.680 +13.3% BMM 4.27 −0.7% GR 0.060 +0.0% ALS 52.70 −5.5% GOLD 4039.50 −2.7% SILVER 54.63 −5.3% COPPER 6.40 −2.7% OIL 99.16 +2.1% PALLADIUM 1051.00 −3.6% ABI 0.060 +0.0% AUGC 0.245 −12.5% ITR 3.18 −5.4% LKY 0.005 +0.0% IGO 0.125 +0.0% CCMM 0.390 −9.3% FVI 13.33 −8.1% KTN 0.840 −10.6% FTUR 0.240 −14.3% YARR 0.150 +0.0% ATY 0.215 −8.5% EMNT 0.290 −14.7% MOO 0.680 +13.3% BMM 4.27 −0.7% GR 0.060 +0.0% ALS 52.70 −5.5%
Production / Operations

ShaMaran Announces First Oil Cargo Lifting from Ceyhan Terminal

By The Northwire Desk — AI Analysis Nov 17, 2025 · 02:30 SNM · 0.26 ShaMaran Petroleum Corp.
SNM · Price

Executive Summary

  • ShaMaran Petroleum Corp. completed its first “payment‑in‑kind” oil cargo lift at the Ceyhan terminal in Turkey on November 15, 2025 under interim pipeline export agreements.
  • A second IOC‑allocated cargo lift for September‑October production is scheduled for later this month, with additional liftings and payments expected thereafter.
  • The company will release its audited financial statements for the year ended December 31, 2025 on March 4, 2026.

Key Details

  • First Cargo Lift: Completed on 15 Nov 2025; barrels allocated to international oil companies (IOCs) under interim export agreements.
  • Payment Terms: ShaMaran expects payment for each cargo lift within 30 days of lifting.
  • Second Lift Scheduled: End‑of‑month (November 2025) for IOC‑allocated barrels produced in September and October 2025.
  • Future Liftings: Further cargo lifts and corresponding payments are anticipated under the same interim agreements.
  • Financial Reporting: Planned release of 2025 audited financial statements on 4 Mar 2026.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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Production / Operations