Gas trade

Oil & Gas Trade

Libya’s Oil Chief Denounces Port Blockades As Crude Output Plummets

Blockades of Libya’s export terminals risk cutting off virtually all of the OPEC member’s 1.2 million barrels per day in crude oil exports, warned the chairma…

Oil & Gas Trade

Libya Says Oil Output May Almost Fully Halt Within Days

Libya’s oil output could be days from coming to a complete halt as conflict in the OPEC nation puts the country’s most vital industry at risk, the nation’s t…

Oil & Gas Trade

Oil Falls Below $61, Heading for Weekly Loss on China Virus Concerns

Oil extended losses on Friday to trade below $61 a barrel, heading for a weekly decline as concern that the coronavirus in China may spread.

Oil & Gas Trade

Crude Oil Jumps on Libya Export Blockage, Iraq Disruptions

Oil gained in Asian trading Monday following supply disruptions and political instability in key producers Libya and Iraq.

Oil & Gas Trade

Eastern Med Nations Square Off in Blocs for Natural Gas Supply

Turmoil over energy issues in the Eastern Mediterranean is growing as countries form blocs to supply natural gas to the markets of Europe.

Oil & Gas Trade

Guyana Officially Becomes Oil Exporter

The world’s newest oil frontier, Guyana, has officially shipped its very first batch of crude oil on Monday, according to TankerTrackers.com—a major oil-first…

Crude

Pipeline Closure Risks Taking Nearly all Libya's Oil Offline

Two major oilfields in southwest Libya began shutting down on Sunday after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national outpu…

Oil & Gas Trade

Jordan Parliament Seeks Ban on Israel Gas Imports

Jordan’s parliament Sunday voted in favour of a law to ban gas imports from Israel, weeks after the Jewish state began pumping it to the kingdom in a $10 billi…

Shale Gas

A Crude Restructuring: How America's Shale Revolution Changes the Oil Market in the Middle East

In the first week of January 2020, US special forces executed a strike killing the leader of Iran’s foreign paramilitary arm, Qasem Soleimani, and raised the a…

Oil & Gas Trade

Libya's Eastern-Based Forces Move to Halt Oil Exports

A move by Libya's east-based forces to choke off oil exports from its territory threatens to throttle much of the country’s oil production

Oil & Gas Trade

Eastern Libya Halts More Than Half the Country's Oil Output

Eastern Libya ports controlled by commander Khalifa Haftar, who is trying to seize the capital Tripoli, are shutting down oil exports, slashing national crude o…

Oil & Gas Trade

India May Significantly Boost U.S. Oil Imports

India and the United States will discuss India’s energy security and the Asian country buying increased volumes of U.S. crude oil when U.S. President Donald Tr…

Oil & Gas Trade

Israel Starts Exporting Natural Gas to Egypt Under Landmark Deal

Israel began exporting natural gas to Egypt on Wednesday under one of the most important deals to have been signed by the neighbors since they made peace decade…

Oil & Gas Trade

India Exploring Ways to Source Crude Oil from Russia: Pradhan

India is exploring ways to source crude oil from Russia, Oil Minister Dharmendra Pradhan said. “We are working on the strategy to diversify our crude oil suppl…

Oil & Gas Trade

India, Russia Initiate Talks for Long-Term Oil Supply

India and Russia have begun negotiations on an agreement for long-term assured supplies of crude oil, especially from Russia’s Far East region, as New Delhi lo…