Gas trade

Oil & Gas Trade

Angolan Crude Exports Confirmed Lower in February

The final version of Angola's February crude loading programme sets exports at 1.13mn b/d, down from 1.18mn b/d scheduled for January.

LNG

China’s Sinopec Plans Record LNG Imports to Battle Cold Snap

Sinopec Corp pledged on Tuesday to maximise domestic gas productions and raise imports of liquefied natural gas to record rates as a cold spell hitting large pa…

Oil & Gas Trade

Minister Says Iran Welcomes Russian Companies' Investment in Oil Sector

Iran's Minister of Petroleum Bijan Namdar Zanganeh invited Russian companies to invest in his country's oil industry.

Crude Oil

Iraq Works to Boost Southern Crude Export Capacity

Iraq's oil ministry is working to boost the country's crude oil storage capacity at the southern port of al-Faw as part of plans to nearly double its southern o…

Crude Oil

Rystad Expects 2021 to Bring Largest Crude Deficits in Years

The Covid-19 pandemic has devastated crude and condensate demand in 2020, creating massive supply surpluses and filling up inventories, causing producers to sla…

Crude Oil

Russia’s Crude Oil Exports Drop 10% In January-October

Due to lower demand and the OPEC+ deal, Russia’s crude oil exports declined by 10.4 percent in volume year over year in January to October, data from the Russi…

Oil & Gas Trade

Gazprom lifts Ukraine January Gas Transport Bookings

Russia's state-controlled Gazprom has booked considerably more gas transport capacity through Ukraine for January, although overall booked capacity is still set…

Crude Oil

China Issues Higher Oil Import Quotas For 2021

China has issued the first round of crude oil quotas for next year, and it is 18 percent higher than the respective round for 2019, citing unnamed sources in th…

Oil & Gas Trade

China Issues 122.59 mln T in 1st Round of Oil Import Quotas

Beijing had said inThe ZPC plant last month started operations at a 200,000 barrel per day (bpd) crude processing unit.

Oil & Gas Trade

Pakistan Arranges 12 LNG Cargoes for January

In order to meet the energy demand of the country, the government has arranged 12 LNG cargoes for January 2021, informed the Petroleum Division on Saturday.

Crude Oil

Belarus Suspends Klaipeda Oil Product Exports

Belarus appears to be halting oil product exports through the Lithuanian port of Klaipeda in what may be a politically-motivated move.

Oil & Gas Trade

Putin: Russia Reduces Its Dependence On Oil

Russia is successfully weaning itself off oil revenues, President Vladimir Putin said today during an annual end-of-the-year news conference, as quoted by RT.

Oil & Gas Trade

Egypt And Iraq Sign Landmark Oil Deal

Egypt and Iraq have signed an oil-for-reconstruction plan this December, expected to come into effect once constitutional procedures have been completed.

Oil & Gas Trade

China's LNG Imports Could Hit Record High in Dec as Demand Bounces Back

The world's second largest LNG importer after Japan is on track to import its highest monthly volumes since December 2019, Refinitiv shiptracking data showed.

Oil & Gas Trade

Russia Approves Sinopec's Participation in Huge Petrochemical Project

The Russian government has approved participation of China's Sinopec company in a large-scale petrochemical project, the government said in a statement on Tuesd…