Gas trade

Oil & Gas Trade

Ukraine Approves Tariffs for Russian Gas Transit to Europe

Ukraine has approved tariffs for Russian gas transit and granted a licence to its new gas pipeline system operator, the necessary steps on the way to complete a…

Oil & Gas Trade

How US Sanctions Could Hit Russia’s Nord Stream 2 Gas Project

Swiss-Dutch company Allseas, which was laying the pipeline using two vessels – Pioneering Spirit and Solitaire – suspended work to avoid US sanctions. Allseas…

Oil and Gas Equipment

Russia Says Nord Stream 2 Gas Pipeline Will Be Completed in Matter of Months

Russia's new gas transit deal with Ukraine would also mollify the impact on Russian gas supplies of U.S. sanctions introduced on the pipeline project, he said.

Oil & Gas Trade

Germany Helps Broker Russian Gas Transit Deal Via Ukraine to EU

Following intense negotiations, Russian, Ukrainian representatives have reached an agreement in principle in Berlin on 19 December to continue the transit of Ru…

Oil & Gas Trade

Shell-Reliance Give up Panna-Mukta Fields; Western Offshore Fields Revert to ONGC

Panna-Mukta and Tapti oil and gas fields in the Arabian Sea off the Mumbai coast were in 1994 awarded a consortium of US energy giant Enron and Reliance.

Oil & Gas Trade

Gas to Become Energy Transition’s 'Second Pillar'

The use of gas from all sources will become more important as Germany seeks to decarbonise its economy and phase out nuclear power, the new head of Germany's la…

Oil & Gas Trade

India, Bangladesh promote cross-border energy corridor

The Rs. 346 crore, 130-kilometre India-Bangladesh Friendship Pipeline Project is a landmark project being undertaken under the grant assistance from India to Ba…

Oil & Gas Trade

Russia Hopes to Sign A Dealto Duild An Oil Pipeline With Congo

Russia is hopeful of Russia's TMK and the Republic of the Congo's national oil company, SNPC, signing a deal soon to build an oil pipeline in the West African n…

Oil & Gas Trade

Israel Becomes Major Energy Exporter After Signing Egypt Gas Permit

Energy Minister Yuval Steinitz called the permit a "historic landmark" for Israel.

Oil & Gas Trade

Oil Poised Near Three-Month Highs on U.S.-China Trade Hopes

Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trad…

Oil Price

Oil Prices Fall But Hold Near 3-month High on Trade Deal Agreement

Brent crude oil futures fell 23 cents, or 0.4 per cent to $64.99 a barrel by 0101 GMT, after closing at a near three-month high on Friday.

Oil & Gas Trade

Oil Market’s Big Data Show OPEC+ Cuts Fall Short

The three big oil forecasting agencies all see OPEC producers needing to comply fully with output cuts they agreed in Vienna last week if they are to avoid big …

Oil & Gas Trade

Aramco Floats to Become the World’s Most Valuable Company

Saudi Arabia’s state-owned oil company, Saudi Aramco, officially became the world’s most valuable company yesterday, after its floating on Riyadh’s stock exc…

Oil & Gas Trade

OPEC+ Oil Supply Cuts Won’t Prevent Surplus in 2020

Global oil markets still face a surplus next year even if OPEC and its partners deliver newly-announced production cuts in full, the International Energy Agency…

Oil & Gas Trade

Saudi Aramco Oil Firm Starts Trading after Record £19.5bn IPO

Saudi Arabia’s oil company Aramco has started trading on the Saudi Tadawul stock exchange for the first time after a 25.6 billion dollar (£19.5 billion) initi…