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Gas trade
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…
Oil & Gas Trade
Egypt, Iraq Move Forward with Oil-for-Reconstruction Plan
The oil-for-reconstruction agreement signed between Egypt and Iraq will enter into bilateral implementation as soon as constitutional procedures are complete, E…
Oil & Gas Supply
Gladstone November LNG Exports Up
LNG exports from the three liquefaction plants located on Curtis Island off Gladstone jumped when compared to the corresponding month in 2019.
Oil & Gas Trade
Video: Kenya Now Exporting Oil to Uganda Through World Class Kisumu Port
The Mv-Uhuru Wagon Ferry was refurbished after 13 years of inactivity and is now transporting petroleum products from the Kisumu Port to Uganda, having made 27 …
LNG
Qatar Set To Significantly Boost Energy Investments In India
Major energy importer India and one of the world’s top liquefied natural gas exporters, Qatar, agreed on Tuesday to create a special task force to explore and …
Oil & Gas Trade
Iran Prepares For Oil Export Boost
Iran is preparing to start expanding its crude oil exports ahead of Joe Biden's inauguration in January in a clear sign it expects better bilateral relations wi…
LNG
Asian LNG Prices Rise to Nearly Two-Year High on Winter Demand
Asian spot prices for liquefied natural gas rose to a nearly two-year high this week as demand continued to be firm for heating during winter and as buyers face…
Oil & Gas Trade
Japan's Inpex Signs Gas Sales Agreement with Indonesia Gas Utility
A memorandum of understanding was signed between Inpex Masela Ltd and PT Perusahaan Gas Negara.
Oil & Gas Trade
Alaska’s Oil Exports Double Amid Strong Chinese Demand
While demand from U.S. West Coast refiners has been subdued, overall Chinese crude oil imports have held strong during the COVID-19 wave in China early this yea…
LNG
Australia’s LNG Exports at Nine-Month High
Australia's LNG exports rose to a nine-month high of 7.04mn t in October, driven by record shipments from the Queensland port of Gladstone.
Oil & Gas Trade
Brent Edges Higher as Opec+ Agrees More Moderate Production Increase
Oil prices crept up this evening after the Opec cartel and its allies agreed to a more gradual easing of production cuts next month.
Oil & Gas Supply
Iraq Cuts Term Crude Supplies to Some European Cilents
Deliveries of Iraqi Basrah crude to Europe and the Mediterranean could drop next year after state-owned marketer Somo trimmed allocations for some of its term c…
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