Gas trade

Oil & Gas Trade

Poland and Germany to Cut Russian Pipeline Oil Imports in July

Poland and Germany are set to reduce purchases of Russian flagship Urals crude blend via the Druzhba pipeline this month after Moscow cut its oil output along w…

Oil & Gas Trade

US Court Orders Seizure of Iranian Gasoline Cargoes

A US federal court today authorized the seizure of 1.16mn bl of Iranian gasoline aboard four tankers, which are allegedly transporting it to Venezuela.

Oil & Gas Trade

Milestone for Neptune in Algeria

Neptune Energy today announced a major milestone for the Touat gas facility in Algeria, with operatorship having been formally passed to Groupement Touat Gaz.

Oil & Gas Trade

Iran Exports $1.09bn Oil Products via PSEEZ in Three Months: official

Home to the largest gas field in the world, South Pars Special Economic Energy Zone, as the capital of energy in Iran, is considered as the hub of export of non…

Oil & Gas Trade

Iranian President Announced the Launch of Three Oil Projects

On June 25, Iranian President Ruhani announced the launch of three oil projects on the same day.

Oil & Gas Trade

Owner of Largest Refinery in India Stops Importing Venezuelan Oil

Reliance Industries, the owner of the largest refinery in India and the world, has stopped buying Venezuelan crude.

Oil & Gas Trade

Saudi Oil Exports Down by $12 Billion Year on Year in April

The value of Saudi Arabia's oil exports dropped by 65.4 per cent in April when compared to the same month a year earlier, or a fall of about $12 billion.

Oil & Gas Trade

OPEC's Roadmap to Stabilization

What is OPEC's roadmap for moving towards stabilization?

Oil & Gas Trade

India's May Crude Oil Imports Post Biggest Decline Since at Least 2005

India's crude oil imports in May fell 22.6% from a year earlier, the biggest drop since at least 2005.

Oil & Gas Trade

Venezuelan Oil Production Sinks to Lowest Output in 77 Years

Crisis-wracked Venezuela's relentless fall in oil production sunk to a new low in May, according to OPEC figures, a milestone in a decade of decline for the onc…

Oil & Gas Trade

OPEC to Host Technical Workshop for 60th Anniversary

The Organization of Petroleum Exporting Countries will host a special technical workshop titled OPEC at 60 to commemorate the foundation of its 60th anniversary…

Oil & Gas Trade

Russia July Crude Oil and Fuel Oil Export Tariffs Rose to 5.16 US Dollars / Barrel

The Russian Ministry of Finance issued a statement on Monday saying that as oil prices recovered, Russia set the July export tariff for crude oil and fuel oil a…

China Energy

China Imported 47.97 Million Tons of Crude Oil in May

China's crude oil imports increased from a decline in May, and international crude oil prices rebounded rapidly.

Oil & Gas Trade

Turkey to Receive 6 bcm of Natural Gas from Azerbaijan by June's End

The Trans Anatolian Pipeline will reach a milestone this month as six billion cubic meters (bcm) of natural gas is set to be delivered to Turkey by the end of J…

Oil & Gas Trade

Iran Pressures South Korea To Pay Debts For Oil Exports

The governor of Iran's Central Bank has threatened legal action against South Korea if the Asian country’s banks refuse to unlock billions of dollars owed to I…