Gas trade

Oil & Gas Trade

India Hikes Windfall Tax on Petroleum Crude

The Indian government has raised its windfall tax on petroleum crude to 4,900 rupees ($59.15) a tonne from 4,600 rupees with effect from March 16, according to …

Oil & Gas Trade

Israel's Newmed Says BP, ADNOC Buy-in Offer on Hold

The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canad…

Oil & Gas Trade

US Slowly Replenishes Strategic Petroleum Reserve

Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/Dav…

Oil & Gas Trade

Oil Prices up on Strong US Demand, Fed Signals in Focus

A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019. REUTERS/Angus Mordant/Fi…

Oil & Gas Trade

Azerbaijan Produces Over Eight Bcm Gas in This Year

In January-February of this year, Azerbaijan produced 8.2 billion cubic meters of gas, with an increase of 240 million cubic meters, of which 4.1 billion cubic …

Oil & Gas Trade

US Leads Global Oil Production for Sixth Straight Year- EIA

Very Large Crude Carriers (VLCCs) line up at the Port of Corpus Christi, where they are being loaded with crude oil for shipping worldwide, in this handout pict…

Oil & Gas Trade

EQT to Buy Equitrans Midstream in Bid to Boost Natural Gas Margins

Top U.S. natural gas producer EQT Corp (EQT.N), opens new tab on Monday said it agreed to buy Equitrans Midstream (ETRN.N), opens new tab in an all-stock deal t…

Oil & Gas Trade

BP Takes $900M Impairment Against North Sea Assets

BP (LON:BP) took an approximate $900 million (£700m) impairment charge against some of its North Sea assets in 2023, according to the firm’s annual …

Oil & Gas Trade

Kazmunaygas, Socar to Ink Agreement to Boost Kazakh Oil Transit Through Azerbaijan - Magzum Mirzagaliyev (Exclusive Interview)

KazMunayGas, the national oil and gas company of Kazakhstan, and SOCAR, Azerbaijan's State Oil Company, will sign an agreement to increase the transportatio…

Oil & Gas Trade

Aramco Hikes Dividend 30% to $98 Billion Despite Drop in Profit

General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo/File Photo Purchase Li…

Oil & Gas Trade

Nigeria Aims Big for Gas Sector With $575BN Investment Push

The Nigerian government has taken a significant step towards boosting its natural gas sector, inaugurating the Governing Council of the Midstream and Downstream…

Oil & Gas Trade

Turkiye Examines Options for Obtaining Gas Supplies From Turkmenistan Through Azerbaijan

Ankara is considering options for supplying Turkmen gas to Turkiye through Azerbaijan, Iran and the Caspian Sea, Turkish Minister of Energy and Natural Resource…

Oil & Gas Trade

Petrobras Shares Plunge on Axed Dividend as Brazil Pushes More Investment

A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Phot…

Oil & Gas Trade

Pakistani Consortium of Fertilizer Companies to Invest $300 Million for Sustainable Gas Supply

The Sui Southern Gas Company office. — The News fileKARACHI: A consortium of Pakistan’s three major fertilizer manufacturers is investing $300 million to…

Oil & Gas Trade

Tanker Liteyny Prospect, Hit by Sanctions, Docks in China to Offload Russian Oil

The Russian tanker Liteyny Prospect, hit by sanctions, has docked at the Chinese port of Huanghua to discharge its 700,000-barrel Russian Sokol crude cargo, two…