Oil

Oil Price

Oil Reaches Three-Week High as China Relaxes COVID Limits

WASHINGTON, 27th December, 2022 (WAM) -- Oil touched a three-week-high Tuesday as China's latest relaxation of COVID-19 restrictions fueled prospects of a d…

LNG

Japan Inks LNG Deals With US, Oman in Bid to Secure Fuel Supply

A worker walks under pipelines at Jera Co.'s liquefied natural gas (LNG) fired power plant inside the company's Anegasaki Thurmal Power Station in Ichih…

Natural Gas

Turkey boosts Black Sea natural gas reserves with new discovery and existing offshore work

(Bloomberg) — Turkey boosted its estimate of natural gas reserves in the Black Sea by nearly a third, thanks to appraisal work at an existing field and a separ…

Oil Exploration

Oil Explorer Inpex to Merge Tokyo Trading Unit Into Singapore Desk

TOKYO, Dec 26 (Reuters) - Japanese oil and gas explorer Inpex Corp (1605.T) plans to absorb its separate Tokyo trading business into the company in April 2024, …

Natural Gas

Turkey’s Natural Gas Find in Black Sea Now Comes to 710 Bcm -Erdogan

Turkish President Recep Tayyip Erdogan attends a news conference with Hungarian Prime Minister Viktor Orban (not pictured) in Budapest, Hungary November 7, 2019…

LNG

Japan’s Mitsui, Itochu and Jera to Sign New Long-Term Contracts to Buy LNG From Oman -Nhk

The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru Hanai/File PhotoTOKYO, Dec 27 (Reuters) - Japan's …

Oil & Gas Trade

Russia’s Sberbank Urges Glencore to Resolve Dispute Over Oil Bill

The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, September 30, 2015. REUTERS/Arnd WiegmannMO…

Oil Refinery

Nigeria Will Auction 7 Hydrocarbon Blocks in Early 2023

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to hold the Mini Bid Round 2022, in which seven offshore blocks covering an ar…

Oil & Gas Trade

Ip Signs Deal to Buy Exxonmobil’s Fuel and Refining Assets in Italy

The Italian private petroleum company Italiana Petroli (IP) has signed an agreement to purchase fuel and refining assets owned in Italy by Esso Italiana, a subs…

Natural Gas

India’s Gas Exchange (Igx) Launches Its First Nationwide Gas Price Index

The Indian Gas Exchange (IGX) has announced the launch of India’s first nationwide price index to reflect benchmark natural gas prices, named GIXI. IGX sa…

LNG

Eni Signs Deal to Deploy a Second Flng Unit in Congo

Eni has signed a contract with Wison Heavy Industry for the construction and installation of a Floating Liquefied Natural Gas (FLNG) unit with a capacity of 2.4…

Oil Price

Azerbaijani Oil Prices Increase

The price of Azeri LT CIF Augusta grew by $0.12 on December 23 compared to the previous price, amounting to $87.34 per barrel, Trend reports referring to the so…

Natural Gas

Storm Cuts U.S. Oil, Gas, Power Output, Sending Prices Higher

A driver makes their way through a flooded street at high tide during a winter storm in Gloucester, Massachusetts, U.S., December 23, 2022. REUTERS/Brian Snyder…

Oil Price

Algeria Sets Reference Price For Oil At $60 Barrel Through 2023/2025 -APS

Fuel storage tanks are pictured in Algiers, Algeria April 21, 2020. REUTERS/Ramzi BoudinaDec 25 (Reuters) - Algeria has set the reference price for crude oil at…

Natural Gas

Russia Ready to Resume Gas Supplies to Europe Via Yamal-Europe Pipeline -Novak

Model of natural gas pipeline, EU and Russia flags, July 18, 2022. REUTERS/Dado Ruvic/IllustrationDec 25 (Reuters) - Moscow is ready to resume gas supplies to E…