Gas trade

Oil & Gas Trade

China Is Winning the Offshore Oil Competition

Hydrocarbon-hungry China is tearing it up on the offshore oil and gas scene, and its rapidly growing global footprint is helped along because it’s not unconcer…

Oil & Gas Trade

Demand Slowdown in Top Gas Buyer Set to Worsen

A slowdown in gas demand growth in China, the driver of global use over the past two years, is expected to slacken further, adding to investor concern as supply…

Oil & Gas Trade

Oil Security Issues Remain Major Challenge for African Energy Industry

Security issues remain a major challenge for African energy industry, necessitating the urgency for African governments and oil companies to do more to protect …

Oil & Gas Trade

Gail India Offers Up to 10 LNG Cargoes for Loading from U.S.

Gail has offered up to 10 liquefied natural gas cargoes for loading in the United States over early 2020 to early 2021, two industry sources said on Thursday.

Oil & Gas Trade

In 2020 OPEC+ Faces Slowing Demand Growth in Rival Production

OPEC and its allies sent mixed signals about whether they were considering deeper production cuts, fanning oil-market speculation before crucial talks in Vienna…

Oil & Gas Trade

Iran Still Selling Oil Despite US Sanctions on Tehran’s Exports

Iran is still selling its oil despite US sanctions on Tehran’s exports, the country’s Vice President Eshaq Jahangiri was quoted on Monday as saying by state T…

Oil & Gas Trade

Does OPEC See U.S. Oil Output as Half Full or Half Empty?

Ahead of their meeting in Vienna later this week, OPEC’s oil ministers have done a good job of convincing themselves that they can simply decide to hold steady…

Oil & Gas Trade

Putin, Xi Jinping to launch Power of Siberia pipeline

Russian President Vladimir Putin and his Chinese counterpart Xi Jinping via launch the Power of Siberia pipeline via a TV link-up on Monday.

Oil & Gas Trade

The Parties Discussed Russian-Ukrainian Cooperation in the Gas Sector, Russian Energy Ministry Said

"The parties discussed Russian-Ukrainian cooperation in the gas sector — settlement of mutual claims for the implementation of contracts, the terms for the tra…

Oil & Gas Trade

Legendary Oil Trader Says the End of Demand Growth in Sight

Andy Hall, one of the most successful oil traders of his generation, is now predicting the biggest shift yet in the global market: the end of demand growth.

Oil & Gas Trade

U.S. to no Longer Waive Sanctions on Iranian Nuclear Site

The United States said on Monday it will no longer waive sanctions related to Iran’s Fordow nuclear plant after Tehran resumed uranium enrichment at the underg…

Oil & Gas Trade

Poland Will Not Extend 9bcm Gas Supply Deal with Russia

Polish gas firm PGNiG said on Friday it will terminate its long-term gas supply deal with Russia when it expires at the end of 2022 and will rely on LNG and Nor…

Oil & Gas Trade

BNP Paribas Analysis Says Demise of Big Oil Is Coming Within A Decade

According to a new analysis by BNP Paribas, the big oil industry is “now in relentless and irreversible decline,” mostly thanks to the dip in prices for batte…

Oil & Gas Trade

Global Oil Demand to Hit a Plateau Around 2030, IEA Predicts

Global oil demand will hit a plateau around 2030 as the use of more efficient cars and electric vehicles ends an expansion that dominated the past century, the …

Oil & Gas Trade

Oil Demand could Peak in 20 years, Says Saudi Aramco IPO Prospectus

A second scenario in the Saudi Aramco prospectus assumes a faster transition away from fossil fuels that leads to peak oil demand occurring in the late 2020s.