Trade

Oil & Gas Trade

Iran: Foreign Oil Firms Must Accept New Terms To Work In Country

Foreign energy firms and contractors have to accept Iran’s new terms and conditions if they return to work in the country, Iran’s Oil Minister Bijan Zanganeh …

Oil & Gas Trade

China Trade War on Itself Sends LNG Prices Mad

Strong consumer demand, lower-than-expected temperatures across northeast Asia and a severe shortage of prompt LNG supplies and spot tanker availability have co…

Crude Oil

Floating Oil Storage Shrinks Amid Robust Asian Demand

Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to store it and in orde…

Crude Oil

Japan Imported 19 million Barrels of Crude Oil from the UAE in November

Japan imported 19 million barrels of crude oil from the UAE in November 2020, accounting for 27.5 percent of Japan's total crude oil imports that month.

Oil & Gas Supply

Belarus Secures Russian Oil and Gas Supplies for 2021

The details of the bilateral deal, however, do not appear to reflect any sort of compromise by both sides.

Hydropower Plant

South Korea Expected to Build Hydroelectric Power Plants in Pakistan

The Ministry of Trade, Industry and Energy of South Korea and the Ministry of Commerce of Pakistan had a joint trade committee meeting on Jan. 6.

Oil & Gas Trade

Gladstone December LNG Exports Hit Record High

LNG exports from the three liquefaction plants located on Curtis Island off Gladstone hit a new high in the last month of 2020.

Oil & Gas Trade

OPEC+ Allows Kazakhstan to Increase Oil Production in February and March

OPEC+ countries reached agreement on the terms of the deal for February and March.

Submarine Cable

Submarine Cable Helps Triple CGES’ Electricity Transit Revenues

The submarine power cable between Italy and Montenegro has helped the Balkan country increase revenues from electricity transit by threefold.

LNG Carrier

Global LNG Fleet Starts 2021 with Spate of Deliveries

Four new LNG carriers were delivered by South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering in the first four days of this year, following slow …

Oil & Gas Trade

Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years

Venezuela’s crude oil and refined product exports plummeted in 2020 to their lowest level in 77 years

Natural Gas

Gazprom Starts Delivering TurkStream Gas to Bosnia, Serbia

Russian energy giant Gazprom has begun delivering natural gas to Serbia and Bosnia and Herzegovina through the TurkStream pipeline and a new route crossing Turk…

Oil Pipeline

Azerbaijan Sends First Gas Export via TAP Pipeline

Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline.

Electricity Trade

Energoatom Accepts Need for Fixed Power Prices

Ukrainian nuclear power plant operator Energatom says it understands the urgent decision taken by the Cabinet of Ministers on 28 December to extend regulations …

Oil & Gas Trade

Egypt Signs 9 Exploration Deals Worth $1bn with Energy Companies

Awards cover exploration along the eastern and western Mediterranean as well as the Red Sea