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Rice
LNG
The World’s Largest Oil Trader Just Sent LNG Prices Soaring
Three trades for liquefied natural gas cargoes executed by commodity trading major Vitol made the company the talk of the LNG town as it pushed the Asian region…
Oil Price
Iraq Sees Oil Prices Recovering In Q2 2021
Currently, the OPEC+ production cuts are delaying oil projects in Iraq.
Energy Investment
MENA Gas Investments Surge to $126bln
Apicorp’s optimism is based on the ongoing downstream value chain integration.
Oil Price
ConocoPhillips Becomes First Major U.S. Oil Firm To Pledge Emission Cuts
Unlike European oil majors – who have rushed to pledge various commitments to become net-zero energy companies – U.S. companies, including Exxon and Chevron, …
Oil Price
OPEC+ Will Ensure Oil Prices do not Plunge Again, Says OPEC Chief
The OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November, OPEC's Secretary General said on Thurs…
Oil Field
Petronas Considers Exiting Gharraf Oil Field in Iraq
The collapse in oil prices this year has prompted Malaysia's state-owned Petronas to consider exiting the Gharraf oil field in southern Iraq, chief executive Te…
Oil Field
Tulip Oil Halves Gas Production from North Sea Field
Dutch exploration and production operator Tulip Oil halved its gas production from the Q10-A field in the Dutch North Sea during the third quarter of the year w…
LNG
Bangladesh to Increase Spot LNG Imports Because of Rising Demand
Bangladesh is expected to double its imports of liquefied natural gas from the spot market starting in December as demand rises and to capitalise on low prices …
Oil Price
Sudan: Govt To End Fuel Subsidy
The government is preparing for the removal of fuel subsidy, informed the Sudanese Minister of Energy and Mining.
Oil Price
Morgan Stanley Sees Oil Prices Struggling To Break Above $50
Oil prices will struggle to rise above $50 a barrel because of the technological shift in U.S. shale that has unlocked more production in recent years, and beca…
Oil Price
Oil Refining Companies Hit by Triple Whammy
South Korean oil refining companies face a triple whammy.
Power Construction
Japan’s Power Prices Rise on Lower Supply
Wholesale electricity prices on the Japan electric power exchange increased last week as lower power generation capacity discouraged major utilities from sellin…
Market Analysis
Goldman Sachs: Biden Win Is Bullish For Oil
A Joe Biden win at next month’s U.S. elections will likely be an upward catalyst for oil prices because it will increase costs for the shale patch and will lik…
Oil Price
The Next Couple Of Months Are Crucial For U.S. Oil
The U.S. oil industry faces a bumpy road to recovery from the steepest slump in oil demand in history.
Coal Price
South Korea’s Coal Prices Rise with Regional Strength
Tighter fundamentals in the Asia-Pacific region and firmer freight rates supported South Korean coal prices this week, despite a weak outlook for winter coal bu…
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