Gas trade

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…

Oil & Gas Trade

Texas Gulflink Oil Export Project Gets Federal Approval

Sentinel Midstream received DOT approval for a project to build a petroleum export facility with loading rates of up to one million barrels a day off the coast …

Oil & Gas Trade

Kurdistan Region’s Oil Exports to Resume Next Week, Iraqi Minister Says

Iraq's Oil Minister Hayan Abdel-Ghani attends the fifth plus and sixth licensing rounds for 29 oil and gas exploration blocks at the Oil Ministry's head…

Oil & Gas Trade

Egypt, Cyprus Sign Gas Export Deals, Boosting Eastern Mediterranean Energy Cooperation

Egypt and Cyprus signed agreements on Monday enabling the export of gas from Cyprus's offshore fields to Egypt for liquefaction and re-export to Europe, as …

Oil & Gas Trade

Australia’s Woodside in Talks With at Least Three Partners for Louisiana LNG, Sources Say

Meg O'Neill, the CEO of Woodside Energy, speaks during a panel discussion as top energy executives and ministers meet in Houston for the annual Gastech conf…

Oil & Gas Trade

Chevron Cranks up Venezuelan Oil Exports Amid Trump-Maduro Reset

Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that…