Gas trade

Crude Oil

Brazil Plans To Be 5th-Largest Crude Exporter By 2030

Brazil’s expected oil output surge this decade will make it the world’s fifth-largest crude exporter in 2030, Brazilian Mines and Energy Minister Bento Albuqu…

Crude Oil

S.Korea’s June Crude Oil Imports up 5.9% y/y – Preliminary Data

South Korea’s June crude oil imports rose 5.9% to 79.0 million barrels from a year earlier, preliminary data from the Ministry of Trade

Crude Oil

Iraq's Crude Oil Exports Exceed 86 mln Barrels in June

Iraq's Ministry of Oil said on Thursday that the country exported 86.76 million barrels of crude oil in June, bringing in revenues of about 6.14 billion U.S. do…

Oil & Gas Trade

Gazprom Plans to Supply 8.5 billion cubic meters of Natural Gas to China This Year

Gazprom said that it plans to supply 8.5 billion cubic meters of natural gas to China this year and double its income from natural gas exports to China.

Oil & Gas Trade

Petrobangla Signs MOU with Indian H-Energy to Import R-LNG

State-run Petrobangla has inked a memorandum of understanding with Indian H-Energy recently to import re-gasified LNG (R-LNG) through a cross-border pipeline.

Crude Oil

GS Caltex to Import 2 Million Barrels of Carbon Neutral Oil

GS Caltex will introduce two million barrels of carbon-neutral crude oil certified as carbon-neutral crude oil from Lundin Energy, a Swedish energy company.

Oil & Gas Trade

ExxonMobil Exit Delay Threatens Baghdad’s Oil Future

Disagreements prompting the delay to ExxonMobil's exit from Iraq's West Qurna 1 field could have longer-term ramifications for Iraq's upstream oil and gas secto…

Oil & Gas Trade

Oil to Trade Between $68 and $75 in Second half of 2021 Amid Rising Demand, Iraq Minister Says

Crude prices have increased due to supportive Opec+ policies and growing demand as economies reopen

LNG

China to Overtake Japan as World's Top LNG Buyer in Weeks, ICIS Says

It estimated China's 2021 total LNG demand at 81.2 million tonnes, above 75.2 million tonnes for Japan.

Oil & Gas Trade

China About To Become Top LNG Importer This Year

China will this year overtake Japan as the world’s largest importer of liquefied natural gas, ICIS Edge, a service of market intelligence provider ICIS, said t…

Oil & Gas Trade

Israeli Minister Calls For Scrapping UAE Oil Pipeline Deal

Israeli Minister of Environmental Protection Gila Gamliel is looking to have the recent oil pipeline deal between Israel and the United Arab Emirates scrapped b…

Natural Gas

Iraq Hopes to Restore Full Iranian Gas Import Volumes

The news comes just as the temperatures in Iraq have begun to soar.

LNG

NOVATEK and Zhejiang Energy Sign LNG Supply Agreement

PAO NOVATEK announced that as part of the Saint-Petersburg International Economic Forum, its wholly owned subsidiary, NOVATEK Gas & Power Asia Pte. Ltd.

Natural Gas

Israel Weighing Fewer Limits on Natural Gas Exports

Israel is considering rolling back export limits on natural gas, allowing energy companies to sell more abroad before demand wanes in the global market.

Crude Oil

i3 Energy to Acquire Additional Stake in South Simonette Oil Property

i3 Energy is set to acquire an additional 49.5% interest in the South Simonette oil property in Lower Montney, Canada, from Anegada Oil.