Gas trade

Oil & Gas Trade

Asian LNG Traders Snap up U.S. Shale Gas

Asian liquefied natural gas traders are rushing to secure shipments from the U.S., where the fuel is among the cheapest in the world despite what’s turning int…

Oil & Gas Trade

Middle East Oil Exporters To See Fast Economic Growth In 2022

The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,…

Crude Oil

US Imports of Canadian Crude up as Line 3 Starts

Early signs that new pipeline capacity out of Canada is now supplying crude to the US came this week as preliminary data from the US EIA showed a notable rise i…

Oil & Gas Trade

Iran And Venezuela Strike Oil Swap Deal

Iran and Venezuela have struck a deal to swap heavy Venezuelan crude for Iranian condensate.

Oil & Gas Trade

Under U.S. Sanctions, Iran and Venezuela Strike Oil Export Deal

Venezuela has agreed to a key contract to swap its heavy oil for Iranian condensate that it can use to improve the quality of its tar-like crude, with the first…

Oil & Gas Trade

India's Oil Imports Rose to 4-month High in August

Indian refiners mostly buy oil about two months ahead of processing.

Oil & Gas Trade

China's Oil Consumption Seen Peaking Around 2026, Sinopec Exec Says

Natural gas will become China's top fossil fuel resource around 2050

Oil & Gas Trade

Sudan Expects to Reach Oil Products Deal with Saudi Aramco

A delegation of Saudi officials and businesses is in Sudan for two days of talks on potential investments in sectors including agriculture, energy, mining and t…

Nigeria

Nigeria Struggles to Find Buyers for October Oil Exports

Nigeria has sent a signal that the recovery in global oil demand still has some way to go, with volumes for next month’s loading struggling to find a home, eve…

Oil & Gas Trade

China’s Oil Imports Rebounded In August

China’s crude oil imports averaged 10.25 million bpd daily last month, more than 5 percent higher than in July, energy analytics provider OilX has reported.

Oil & Gas Trade

Syria Says It Welcomes Lebanon's Request to Import Energy

Syria said on Saturday that it welcomed Lebanon’s request to import Egyptian gas for energy generation via its territory after Lebanese ministers made the high…

LNG

China’s Zhenhua Oil Seeks Tie-up with Local Firm for First Gas Terminal

China’s Zhenhua Oil is in advanced discussions to join a provincial government-backed firm to build a natural gas receiving terminal in east China, the first i…

LNG

Petronet Looks to Make Foray into Petrochemical Business, Plans LNG Terminal in Odisha

Petronet, which owns and operates to terminals at Dahej and Kochi in Kerala for import of super-cooled gas in ships, is also looking at setting up a floating te…

Oil & Gas Trade

India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project

A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company…

Oil & Gas Trade

Abu Dhabi’s Taqa Looks to Sell UK, Dutch Oil and Gas Assets

Abu Dhabi National Energy Co. has begun a process to sell its oil and gas assets in the Netherlands and the UK, according to documents seen by Bloomberg.