Gas trade

Oil & Gas Trade

China to Remain a Battle Ground for Saudi Aramco, Russian Crude Suppliers

China has been relying heavily on Saudi Arabia and Russia for its refinery feedstock requirements over the recent years, with both producers constantly switchin…

Oil & Gas Trade

Saudi Aramco's Record IPO to Launch November 17

Saudi Aramco will allow investors to start bidding for shares in the world’s most-profitable company from Nov. 17. It left potential buyers in the dark about t…

Oil & Gas Trade

Analysts Say : Germany to Become Key to EU Gas Transit

Germany will become key to Europe’s gas transit with the completion of the Nord Stream 2 pipeline, while also seeing some liquidity move from the Dutch TTF hub…

Oil & Gas Trade

Serbia and Russia Agree on Expanding Volumes of Underground Gas Storage Facilities

Serbia has reached an agreement with Russia on expanding the volume of underground gas storage facilities from 750 million to abour 2 billion cubic meters, Serb…

Oil & Gas Trade

Oil Prices Fall As EIA Reports Large Crude Build

Analysts expected a build of 729,000 barrels for last week after a 1.7-million-barrel draw interrupted a string of five weekly inventory builds, which added mor…

Oil & Gas Trade

South Korea's LNG Imports to Fall on New Nuclear, Coal Plants

South Korea’s imports of liquefied natural gas are set to fall over the next five years after reaching record volumes in 2018, squeezed by the start-up of new …

Oil & Gas Trade

Denmark Snubs Trump with Approval of Russian Gas Pipe to Europe

In a major boost for Russia's effort to tighten its grip over natural gas supplies to western Europe, Denmark said it will allow the controversial Nord Stream 2…

Oil & Gas Trade

BP Eyes Brazil Gas Buildout, May Swap LNG Imports for Domestic Output

BP Plc wants to be part of an effort to build up natural gas infrastructure in Brazil, an executive said on Tuesday, and believes a power plant it is building i…

Oil & Gas Trade

South-East Asia may Become Net Fossil Fuel Importer in Coming Years: IEA

Southeast Asia could become a net importer of fossil fuels in the next few years, raising the financial burden on governments and increasing carbon emissions in…

Oil & Gas Trade

Trump’s Proposal for U.S. Companies to Develop Syrian Oil Faces Hurdles

U.S. President Donald Trump’s suggestion on Sunday that Exxon Mobil or another U.S. oil company operate Syrian oil fields drew rebukes from legal and energy ex…

Oil & Gas Trade

Putin Ally Criticizes US Sanctions, American Oil and Dollar Power

September attacks on Saudi oil assets have created doubts about Saudi Arabia's status as a reliable oil supplier, Igor Sechin, Chief Executive of Russia's Rosne…

Oil & Gas Trade

​Russia Affirms Close Oil Cooperation with Saudi Arabia, OPEC+

Russia's energy ministry said on Friday it continues close cooperation with Saudi Arabia and OPEC and non-OPEC oil producers to enhance market stability and pre…

Oil & Gas Trade

Norway's New Oil Grade Is Making Inroads in Asia Markets

China’s Unipec, at least one of the nation’s independent refiners and South Korea’s Hyundai Oilbank Co. have bought Johan Sverdrup for December delivery, sai…

Oil & Gas Trade

The U.S. Crude Oil Export Broke Up Another Record

Growing U.S. crude oil production and exports have resulted in America selling oil to more destinations around the world than the number of countries from which…

Oil & Gas Trade

The U.S. Will Not Give Up Control Of Syrian Oil & Gas

The United States will keep hold of oil and gas fields in eastern Syria and the Al Tanf base in the south under the plan to withdraw troops from the country, th…