Gas trade

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…

Crude Oil

U.S. Briefly Became Net Petroleum Importer This Year

The United States briefly returned to being a net importer of crude oil and petroleum products in May and June this year, as U.S. crude oil and refinery output …

Oil & Gas Trade

Japan Says Reached Oil Storage Deal with Kuwait

Under the deal, KPC can use storage tanks at refiner Eneos' Kiire base in southern Japan of Kagoshima as an export base for eastern Asia.

Oil Price

OPEC Warns of ‘Immense Challenges’ as Talks on Oil Production Cuts Continue

OPEC warned on Monday that the “immense challenges” caused by the Covid-19 pandemic were likely to persist into 2021, as the group of oil producers continues …

CNOOC

Trump to Add China's SMIC and CNOOC to Defense Blacklist

The list is also part of a broader effort by Washington to target what it sees as Beijing’s efforts to enlist corporations to harness emerging civilian technol…