Trade

Oil & Gas Trade

Nigeria's Oil, Gas Exports Hit $5.1bn in One Year - NNPC

The Nigerian National Petroleum Corporation (NNPC) has said that the country exported oil and gas worth about $5.18 billion in the last one year, spanning betwe…

Oil & Gas Trade

Indian Refineries Slash Middle East Oil Imports As Storage Fills Up

Two oil refiners will be cutting their crude oil imports from Saudi Arabia by between 66 percent and 80 percent for May, as India – population 1.3 billion peop…

Oil & Gas Trade

Shell Delays Decisions on Deepwater Projects Amid Oil Price Rout

Shell has delayed a decision on whether to proceed with two large oil and gas development projects in the gulf of Mexico and the north sea.

Oil & Gas Trade

Australia Says First in Line to Buy Crude to Store in US Strategic Reserve

Australia is at the head of the queue to buy oil and store it in the US Strategic Petroleum Reserve.

Oil & Gas Trade

UK Becomes World's Cheapest Natural Gas Market

Britain has become the cheapest natural gas market in the world.

Oil & Gas Trade

Will Look into Halting Oil Import from Saudi Arabia, Says Trump

US President Donald trump said on Monday that the us would consider stopping oil imports from Saudi Arabia.

Electricity Trade

ABB Power Grids Wins Rs 165 Crore Order from Indian Oil Corporation

Indian oil company has awarded the project worth rs 165 crore to ABB.

Oil & Gas Trade

U.S. Natgas Trading at Parity with Oil after Crude Price Collapse

The rapid collapse of U.S. oil futures this year caused crude’s premium over natural gas to drop to near parity on.

Oil Price

Oil Price Collapses to Below Zero as Demand Takes a Dive During Pandemic

A key sector of us oil trading collapsed on Monday.

Hydrogen Fuel Cell

Hyundai to Export Hydrogen Fuel Cell Tech

The Ministry of Trade, Industry and Energy announced Monday that it has approved Hyundai Motor’s export of hydrogen fuel cell technologies.

Oil & Gas Trade

African Oil Producers to Readjust Fuel Production in Line with OPEC Advisory

APPO members have committed to cutting daily oil production to 10 million barrels a day, with effect from May 1 2020.

Oil & Gas Trade

Saudis to Sell 600,000 bbl of Oil a Day to the U.S. in April

Saudi Arabia is set to sell about 600.000 barrels a day of crude to the U.S. in April, the highest volume in a year, according to a Saudi industry official fami…

Oil & Gas Trade

Saudi Aramco to Supply Full May Crude Volumes to Asian Refiners

Saudi Arabia, the world's largest oil exporter, has notified some refiners in Asia that it will supply full contractual volumes of crude in May.

Coal Trade

Decommissioning coal – an opportunity for energy storage?

Coal has underpinned power generation for more than a century as a cheap, reliable and well understood technology, writes IHS Markit analyst George Hilton.

LNG

China's GCL, Shell Sign Preliminary Deal on LNG Trading Joint Venture

A joint venture has been set up in eastern China to promote and trade liquefied natural gas (LNG).