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Gas trade
Oil & Gas Trade
Turkey's Imports of Natural Gas from Iran Fell by 31% in 2020
Turkey imported 5.32 billion cubic meters of natural gas from Iran in 2020, a year-on-year decrease of 31%.
Oil & Gas Trade
S.Korea's Feb Crude Oil Imports Slide 14.7% y/y - Preliminary Data
South Korea's February crude oil imports fell 14.7% to 73.6 million barrels from a year earlier, preliminary data from the Ministry of Trade, Industry and Energ…
LNG
Global LNG Demand Expected to Almost Double by 2040
Global liquefied natural gas demand is expected to almost double to 700 million tonnes by 2040, Royal Dutch Shell said in its annual LNG market outlook.
LNG
Thailand’s January LNG Imports Fall to Three-Year Low
Thailand's LNG imports hit a three-year low in January, with no receipts from its usual suppliers Australia and Malaysia, even as one of its biggest importers Q…
Oil & Gas Trade
Iraq Freezes Crude Prepayment Deal with China’s Zhenhua
Iraq has frozen a five-year crude prepayment deal with Chinese state-owned trading firm Zhenhua because of rising oil prices, oil minister Ihsan Abdul Jabbar Is…
Oil & Gas Trade
Qatar's LNG Megaprojects Are Making Markets Increasingly Competitive
Qatar Petroleum’s recently set a new record for the largest LNG export project ever.
Oil & Gas Trade
U.S. will Import 62% more Crude by 2022 Due to Domestic Production Declines, Says EIA
Throughout much of its history, the United States has imported more petroleum than it has exported.
Oil & Gas Trade
China Is Fueling The Global Crude Oil Demand Recovery
The world’s top oil importer, China, significantly boosted its crude oil imports at the start of the year compared to the end of last year, helping to support …
Oil Price
Oil Falls Again as Opec and IEA Caution Ends Rally
Brent crude was down 0.8% at $60.67 a barrel on Friday
Oil & Gas Trade
Nigeria's Crude Oil Exports Hit Three-Year Low
West Africa's oil exports slumped to the lowest level in at least three years last month as infrastructure woes for some of Nigeria's biggest streams combined w…
Oil & Gas Trade
Petrobras Opens 2021 with Record Oil Exports
Brazil's state-controlled Petrobras says crude exports through its Angra dos Reis terminal reached a record 19.3mn bl in January, the extension of an upward tre…
Crude Oil
Iraq Raises Crude Oil Exports In January
Iraq’s oil exports increased slightly in January 2021 compared to December 2020, data from the country’s oil ministry showed on Monday, suggesting that Iraq i…
Crude Oil
Belarus to Raise Export Duties on Oil
Belarus will raise export duties on oil and oil products for destinations outside the Eurasian Economic Union, on Feb. 1, 2021, the government said in a stateme…
Oil Exploration
Exxon and Chevron CEOs Discussed Potential Merger
Talks were "preliminary" and are not ongoing, but could be rekindled later.
Oil & Gas Trade
IMF Sees Oil Prices Averaging $50 In 2021
Oil prices are set to average $50 per barrel for 2021, rising by 20 percent from the average last year, but still well below the average for 2019
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