Oil

Oil & Gas Trade
United States bump LNG exports in March
The United States increased the liquefied natural gas (LNG) exports in March with European countries remaining the top customers.
Oil Shale
U.S. Oil Output from Major Shale to Drop in June to Nearly Two-Year Low
U.S. crude production from seven major shale formations is expected to fall by a record 197,000 barrels per day in June to 7.822 million bpd, the U.S. Energy In…
Crude Oil
PetroChina's Dalian Refinery to Resume Operations in Late-June
PetroChina said on Tuesday its subsidiary refinery Dalian Petrochemical Corp, which kicked off an overhaul on April 8, is expected to resume operations in late-…
Oil & Gas Trade
Russia’s Oil Giant Rosneft Quits All Venezuelan Operations
Russia’s largest oil producer, Rosneft, confirmed on Friday that it had discontinued all operations in Venezuela, including in joint ventures, trading, and oil…
Oil Shale
No One Expected U.S. Shale Oil Output Cuts to Happen So Fast
In brokering the end to the global oil-price war last month, the Trump administration assured leaders that America’s shale patch would throttle back production…
America：Alliant Energy Natural Gas Plant on Line
Public utility company Alliant Energy brought a natural gas-fired power plant on line today in Wisconsin.
Crude Oil
US WTI Crude Futures Rise Above $30/bl
U.S. benchmark WTI crude futures rose above $30 a barrel for the first time in two months.
LNG
Daewoo E&C Won a Liquefied Natural Gas Plant in Nigeria
The company will build a plant that can produce 8 million tons of LNG and additional facilities.
Oil Shale
U.S. Shale Could Crush the Oil Market Recovery
As the two petro-nations duked it out, the global oil glut ballooned to a massive oversupply and oil storage deficiency that persists today.
Oil Shale
Blackstone Shale Oil Venture Gavilan Resources Files for Bankruptcy
Blackstone Group’s Gavilan Resources LLC filed for Chapter 11 bankruptcy late on Friday.
Oil & Gas Trade
Saudi Oil Rush Threatens to Disrupt Stabilizing U.S. Crude Market
An armada of Saudi tankers brimming with crude heading to American shores is raising concern over storage space just as a U.S. glut shows signs of easing.
Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor
Saudi Arabia’s sovereign wealth fund built stakes in two major Canadian oil sands players during the energy market rout.
Oil & Gas Trade
Pandemic Punches 1.7-Billion-Barrel Hole in Global Oil Demand
The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will soar this year.
Oil & Gas Trade
Saudi Loss of China Oil Market Share Likely Brief
Saudi Arabia’s loss of oil market share in China last month to Russia and Iraq is likely to be fleeting, with analysts saying shipments from the kingdom to Asi…
Oil & Gas Trade
OPEC+ Responds to Oil Market Collapse with Surprise Urgency
The 23-nation coalition is well on its way to cutting 9.7 million barrels of daily crude output, roughly 10% of global supplies.

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Oil

United States bump LNG exports in March

U.S. Oil Output from Major Shale to Drop in June to Nearly Two-Year Low

PetroChina's Dalian Refinery to Resume Operations in Late-June

Russia’s Oil Giant Rosneft Quits All Venezuelan Operations

No One Expected U.S. Shale Oil Output Cuts to Happen So Fast

America：Alliant Energy Natural Gas Plant on Line

US WTI Crude Futures Rise Above $30/bl

Daewoo E&C Won a Liquefied Natural Gas Plant in Nigeria

U.S. Shale Could Crush the Oil Market Recovery

Blackstone Shale Oil Venture Gavilan Resources Files for Bankruptcy

Saudi Oil Rush Threatens to Disrupt Stabilizing U.S. Crude Market

Saudi Wealth Fund Builds Stakes in Canadian Natural, Suncor

Pandemic Punches 1.7-Billion-Barrel Hole in Global Oil Demand

Saudi Loss of China Oil Market Share Likely Brief

OPEC+ Responds to Oil Market Collapse with Surprise Urgency