Gas trade

Oil & Gas Trade

Trump Baffles with Claim to have Taken Control of Mideast Oil

Trump made the comments twice on Friday -- first in a tweet proclaiming “The U.S. has secured the Oil,” and later while discussing the temporary cease-fire re…

Oil & Gas Trade

Iran Says U.S. Fails to Halt Iran's Oil Industry Development

Iranian Petroleum Minister Bijan Namdar Zanganeh said the United States has failed to exert pressures on Iran through sanctions against the country's oil indust…

Oil & Gas Trade

​U.S. Oil Major Chevron Says Hopeful About Maintaining Venezuela Presence

U.S. oil major Chevron Corp said late on Friday it is optimistic about maintaining a presence in Venezuela even amid U.S. sanctions on the country and state oi…

LNG

South Korean LNG Imports Hit 2-year Low in September

South Korean LNG imports fell to their lowest monthly level since 2017 in September, tumbling 25% year on year, latest customs data showed.

Oil & Gas Trade

Russia: OPEC+ Deal Will Not Be Revised

OPEC and its Russia-led non-OPEC partners in the production cut pact are currently not discussing changing the terms of their agreement, Russian Energy Minister…

Oil & Gas Trade

Russia & Saudi Arabia Seal Major Deals & Sign OPEC+ Long-Term Cooperation Charter

Agreements include the charter for long-term cooperation between the Organization of the Petroleum Exporting Countries (OPEC) and non-cartel oil producers. Alon…

Oil & Gas Trade

Iran Works to Reroute Oil Exports Away from Strait of Hormuz

The oil terminal project would allow Iranian tankers to bypass the Strait of Hormuz and load their oil cargoes at the Jask port terminal, east of the strait.

Oil & Gas Trade

Iran Accuses Saudi Arabia of Attack on Oil Tanker in Red Sea

Iran said missiles that struck one of its oil tankers in the Red Sea probably came from Saudi Arabia, marking the latest escalation in a tit-for-tat conflict be…

Oil & Gas Trade

EU New Climate Goals Mean Tougher Rules for The Gas Industry

Incoming commission president Ursula von der Leyen is expected to make a legally binding European goal to become carbon neutral by mid-century the centre piece …

Oil & Gas Trade

"Huge Fears" About Demand — Not Middle East Tensions — Are Weighing on Oil Markets

Global trade tensions and their potential impact on crude demand are more significant for oil markets than recent attacks on energy infrastructure in the Middle…

LNG

European Gas Market May Be Unable to Absorb The Ongoing Surplus of LNG

European gas prices are set to remain “weak” this winter with the market unable to absorb the ongoing surplus of LNG, which has led to an unprecedented number…

Oil & Gas Trade

​Exxon Mobil Bars Use of Oil Tankers Linked to Venezuela -Sources

Exxon Mobil Corp this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the matter, put…

Oil & Gas Trade

British Tanker Docks in Dubai After Detention by Iran

A British-flagged tanker that was detained by Iran for 10 weeks, docked in Dubai on Saturday, after a standoff that has stoked tensions along a vital global shi…

Oil & Gas Trade

Canada's Heavy Oil Exports To Asia From US Surge

Shipments of Canadian crude from the U.S. Gulf Coast since May have more than doubled all of 2018's exports as Asian refiners scramble for heavy sour oil, accor…

Oil & Gas Trade

Turkey will Continue Oil, Natural Gas Trade with Iran

Turkish President Tayyip Erdogan said on Friday it was impossible for Turkey to stop buying oil and natural gas from Iran, despite the threat of U.S. sanctions,…