Gas trade

Oil & Gas Trade

U.S. Oil Exports to China Soar 139% in July

U.S. crude oil exports to China grew by 139 percent on the year in July thanks to bargain hunting among Chinese buyers, making the U.S. the fifth-largest suppli…

Oil & Gas Trade

Azerbaijan's Exports of Petroleum Products Increase by 16% in the First Seven Months of 2020

From January to July 2020, Azerbaijan exported 706,000 tons of petroleum products, valued at US$190 million.

Oil & Gas Trade

Singapore's Non-Oil Domestic Exports in July Increased by 6% Year-on-Year

According to data released by the Singapore Enterprise Development Board on August 17, Singapore’s non-oil domestic exports in July continued the upward trend …

Oil & Gas Trade

Middle East Share of India's Oil Imports Hits 2-Year High in July

Middle Eastern oil accounted for 71.5% of India's oil imports in July.

Oil & Gas Trade

US Slashes Nigerian Oil Imports by 11.67m Barrels

The United States slashed its imports of Nigerian crude oil to 9.37 million barrels in the first five months of this year, 11.67 million barrels lower than what…

Russian Federation

Gazprom Neft profit slumps 80% in Q2

Russia's Gazprom Neft, the oil business of state gas company Gazprom, said weak oil prices had driven a near 80% slump in second-quarter net profit to 22 billio…

Oil & Gas Trade

Libya to Export Only Oil Accumulated in Terminals, LNA Says

Libya, following the resumption of the operation of oil facilities, will export only oil accumulated in port terminals, crude produced at deposits will not be e…

Oil & Gas Trade

US Eyes October Deadline to End Exemptions on Venezuela Oil Sanctions

The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still receive the S…

Oil & Gas Trade

Tehran Says Fuel Seized by US Belonged to Venezuela, Not Iran

Iran’s Foreign Minister, Mohammad Javad Zarif, has refuted allegations, saying that the vessels involved in what he described as an act of “piracy” were not …

Oil & Gas Trade

OPEC+ Seeks to Defend Oil-Market Gains as Demand Outlook Darkens

OPEC and its allies have achieved the oil-market equivalent of a high-wire act: increasing supply even as demand remains depleted, without crashing prices.

SPI Goes Fully Virtual as Las Vegas Trade Show is Cancelled

SPI, North America’s largest solar industry event, will now be fully virtual after the organisers cancelled an outdoor exhibition rescheduled for October.

United States

Trump Administration to Roll Back Curbs on Methane from Oil, Gas Operations

The EPA is expected to retain some of the rules issued in 2012 that control methane emissions and also limit those of so-called volatile organic compounds that …

Oil & Gas Trade

Venezuela Looks To Ease Gasoline Shortage By Restarting Production Units

Venezuela’s state-owned oil firm PDVSA looks to restart another gasoline-producing unit soon, hoping to ease the gasoline shortages in the country.

Libya

Libya Suffers over $8 Billion Losses in Blockaded Oil Production

Libya has suffered over $8 billion in losses as a result of the oil blockade and the closure of oil wells by Khalifa Haftar’s forces in the past 200 days, the …

Oil & Gas Trade

Russia's Oil Product Exports to the U.S. Jump to 16-Year High

Russia's exports of petroleum products to the United States more than doubled in the first half of 2020 compared to the same period last year.