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Gas trade
Oil & Gas Trade
Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%
Saudi Arabia’s state oil company Aramco and Algeria’s national energy firm Sonatrach have reduced their official selling prices (OSPs) for liquefied…
Oil & Gas Trade
Algeria Signs $5.4 Billion Oil and Gas Deal With Saudi Firm Midad Energy
Algeria’s state-owned energy company Sonatrach announced on Monday that it has signed a production-sharing contract worth approximately $5.4 billion with …
Oil & Gas Trade
US Winds Down Exports of LPG to Venezuela, Treasury Says
On July 7, 2025, the U.S. Treasury Department announced the termination of a license permitting shipments of liquefied petroleum gas (LPG) to Venezuela’s …
Oil & Gas Trade
Vitol Steps up Venezuela Oil Buying Before U.S. License Lapses
Vitol Group, the world’s largest independent oil trader, has increased its oil purchases from Venezuela in April, utilizing a U.S. license set to expire o…
Oil & Gas Trade
Russia Ramps up Oil Products Supplies to Indonesia
Russia has increased its oil product shipments to Indonesia as it seeks new markets for its exports, according to market sources and LSEG data reported on April…
Oil & Gas Trade
Venezuela’s PDVSA Suspends Oil Loading Authorizations to Chevron, Sources Say
On Thursday, Venezuela’s state oil company, PDVSA, revoked several authorizations previously granted to U.S.-based Chevron for loading and exporting Venez…
Oil & Gas Trade
China’s CNOOC Exits U.S. Offshore Oil and Gas
British energy firm Ineos has finalised its acquisition of the U.S. Gulf assets from China’s state-owned oil company, CNOOC. The deal, completed on April …
Oil & Gas Trade
PetroChina Reports Record 2024 Net Income on Higher Production
PetroChina (601857.SS), Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately higher production help…
Oil & Gas Trade
Venezuela’s PDVSA to Keep Producing, Exporting Oil Previously Handled by Chevron, Document Says
Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest joint vent…
Oil & Gas Trade
US Orders Wind down of Chevron’s Oil Exports From Venezuela
The Trump administration said on Tuesday it was ending a license that the U.S. had granted to oil producer Chevron (CVX.N),since 2022 to operate in Venezuela an…
Oil & Gas Trade
Finland to Release Oil Tanker Suspected of Power Cable Breach
Finland will release an oil tanker which investigators believe broke a Baltic Sea power cable and four internet lines late last year, and will escort the vessel…
Oil & Gas Trade
Congress Kills Biden Era Methane Fee on Oil, Gas Producers
On February 27, 2025, the U.S. Senate voted to approve a resolution reversing a Biden administration policy that introduced a fee on methane emissions. This dec…
Oil & Gas Trade
Leviathan Partners Eye Big Expansion of Natgas Field for Israel and Export
An aerial view taken from a helicopter shows the Leviathan natural gas rig off the coast of the Mediterranean coast, in northern Israel, April 26, 2023.Partners…
Oil & Gas Trade
Texas Gulflink Deepwater Port Secures Marad Approval After Multi-Year Review
Sentinel Midstream's Texas GulfLink deepwater crude oil export terminal has received approval from the U.S. Department of Transportation's Maritime Admi…
Oil & Gas Trade
Russia’s Oil Product Exports Decline as Diesel Surge Tapers Down
Lights illuminate the site of the Gazprom PJSC Amur gas processing plant, under-construction by China Gezhouba Group Corporation (CGGC), as part of the Power Of…
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