Gas trade

Oil & Gas Trade

Qatar Taps Rothschild As Adviser In Bid For Rosneft Units In Germany

Qatar’s sovereign wealth fund is bolstering its efforts to take over the German businesses of Russian oil giant Rosneft PJSC as the government in Berlin l…

Oil & Gas Trade

Energy Transfer Boss Hails Trump Win as ‘Breath of Fresh Air’ for Oil and Gas Industry

The co-chief executive officer of pipeline company Energy Transfer LP welcomed the election of Donald Trump as US president, saying his administration will brin…

Oil & Gas Trade

South Africa Oil Group Seeks to Amend New Law to Woo Investors

Some oil explorers are not satisfied with South Africa’s long-awaited rules for the industry that were signed into law last month by President Cyril Ramap…

Oil & Gas Trade

Saudi Arabia’s Wafi Energy Holding buys majority stakes in Shell Pakistan

Dubai: Saudi Arabia’s Wafi Energy Holding acquires a majority stake in Shell Pakistan following Shell Petroleum Co., a subsidiary of global Shell plc, com…

Oil & Gas Trade

Exxon, Chevron Top Q3 Profit Expectations As Us Oil Output Hits Record High

U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil …

Oil & Gas Trade

New Offshore Platform Taps Into Potential Of Heavy-oil Reserves In China

The world's first mobile thermal-injection platform was recently delivered in China's Shandong province, offering new opportunities to tap into China…

Oil & Gas Trade

Shell Q3 Profits Of $6 Billion Beat Forecast As Gas Offsets Weak Refining

Shell reported on Thursday third quarter profits of $6 billion that exceeded forecast by 12% as weaker refining and oil trading results were offset by higher ga…

Oil & Gas Trade

Nigeria Sees Objections to Shell Oil Asset Sale Resolved Soon

Nigeria’s upstream oil regulator found some issues with Shell’s proposed sale of its onshore assets to a consortium of local companies but they shou…

Oil & Gas Trade

ExxonMobil Is Back In Cyprus

ExxonMobil’s commitment to the region is proved by its extension to Egypt and Greece and renewed interest in CyprusIt has been over two-and-a-half years s…

Oil & Gas Trade

Italy’s Eni, BP Resume Onshore Drilling In Libya After 10-year Hiatus

Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya’s national oil corp…

Oil & Gas Trade

More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger

Media speculation is running high following reports that the two offshore drilling players have engaged in initial talks regarding the possibility of merging th…

Oil & Gas Trade

Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure

Equinor (EQNR.OL), on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its ful…

Oil & Gas Trade

Top U.S. LNG Exports: China's Gas Demand Is Booming

Chinese demand for natural gas is set to jump by more than 50% by 2040, from 400 billion cubic meters (bcm) now to more than 600 bcm, according to an executive …

Oil & Gas Trade

Nigeria Halts Shell Asset Sale, Approves Exxon-Seplat Deal

Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil , opens new tab, the cou…

Oil & Gas Trade

Iraq Signs Gas Supply Agreement With Turkmenistan

Turkmenistan’s gas supply to Iraq would vary seasonally. Credit: TinoFotografie/Shutterstock.Iraq has inked a gas supply agreement with Turkmenistan, securing …