Gas trade

Oil & Gas Trade

ADNOC’s Logistics Arm Transfers Tankers to Navig8, Will Cut Some Staff After Takeover

General view of the ADNOC headquarters is seen in Abu Dhabi, United Arab Emirates, December 23, 2018.Abu Dhabi National Oil Company's logistics arm has tran…

Oil & Gas Trade

China’s Crude Oil Imports From Top Supplier Russia Reach New High in 2024

China’s crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while purchases from Saudi Arabia dropped 9%, data sho…

Oil & Gas Trade

Sri Lanka Signs Landmark $3.7bn Deal with Chinese State Oil Giant

Chinese President Xi Jinping (right) shakes hands with Sri Lankan President Anura Kumara Dissanayake during a signing ceremony at the Great Hall of the People i…

Oil & Gas Trade

Shell Pakistan Rebrands as Wafi Energy Pakistan Following Acquisition

A view of a Shell petrol pump.Shell Pakistan Limited has officially changed its name to Wafi Energy Pakistan Limited, effective January 13, 2025.The Securities …

Oil & Gas Trade

Azerbaijan to Resume Gas Export to Serbia Soon

Azerbaijan will resume export of gas to Serbia in the near future.Serbian President Aleksandar Vucic said at a press conference earlier that supplies of gas fro…

Oil & Gas Trade

Chevron to Complete $53BN Hess Corp Acquisition

Chevron Corp is reportedly well positioned to grow its free cash flow by $6 billion to $8 billion by next year, and lower expenses by a couple billion dollars, …

Oil & Gas Trade

Asia’s EV Boom Sours Appetite for Nigeria’s Oil

The growing adoption of electric vehicles (EVs) and liquefied natural gas (LNG) as preferred energy sources in Asia has continued to weaken Nigeria’s crud…

Oil & Gas Trade

Angola’s Faster February Oil Sales Signal Better Demand in Asia

The pace of sales for February-loading Angolan oil is faster than the last couple of months, with only 20-30% of next month’s supplies still seeking buyer…

Oil & Gas Trade

Fuel Oil Leaks From Stranded Tanker Near Hokkaido Beach

The Sanwa Maru remains stranded on a reef about 20 meters from shore in Hakodate, Hokkaido, on Jan. 8.Fuel oil has leaked from a 3,919-ton tanker that ran agrou…

Oil & Gas Trade

Austria’s OMV Agrees to Supply Romanian Gas to Germany, Sources Say

The logo of Romanian integrated oil company OMV Petrom is pictured outside its headquarters in Bucharest, Romania, March 28, 2019.Austria's OMV has struck a…

Oil & Gas Trade

Slovakia Says Gas Supply Meeting with Ukraine, European Commission Cancelled

Slovak Prime Minister Robert Fico attends a meeting with Russian President Vladimir Putin in Moscow, Russia December 22, 2024.A meeting between Slovak, Ukrainia…

Oil & Gas Trade

US Gulf Coast Fuel Oil Imports Hit Record Low as Latam Deliveries Slow

A view of the state oil company Pemex's Olmeca refinery in Dos Bocas, Paraiso, Mexico June 21, 2024.Fuel oil deliveries into America's largest refining …

Oil & Gas Trade

Iran, Russia May Sign Transport and Gas Cooperation Agreement - Ambassador

An agreement on transport and gas cooperation between Iran and Russia may be signed during the visit of Iranian President Masoud Pezeshkian to Russia on January…

Oil & Gas Trade

Nigeria Imports 31.8m Litres of Petrol Daily to Bridge Local Refining Shortfall

Nigeria is currently importing about 79.5 per cent or 31.8 million litres of Premium Motor Spirit (PMS), popularly called petrol to bridge local refining shortf…

Oil & Gas Trade

Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US

Oil tankers dock at a floating platform, offshore from the southern Iraqi port cityThe US Energy Information Administration (EIA) announced on Saturday that Ira…