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Oil Refinery
China Oil Teapots Cut Run Rates to Pandemic Levels
Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key s…
Oil Price
Oil Up, Heads for 4th Weekly Gain as U.S. Sanctions Hit Supply
A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024.Wedoany.com Report-Jan 17, Oil prices rose on Friday…
Oil Refinery
Serbia Ready to Buy Russian Stake in NIS Refiner
Serbia's president said the country has the money to pay for Gazprom's stake in the Balkan country's only refiner to preserve production amid new U.…
Crude Oil
Venezuela Sends Crude to India in New Deal
A high-seas oil tango is back on between Venezuela's state oil company PDVSA and India’s Reliance Industries, rekindling a swap arrangement paused by …
LNG
Report: Production Starts at Russia's Arctic Lng 2 Despite US Sanctions
Russia’s liquefied natural gas (LNG) producer Novatek has begun production at its Arctic LNG 2 project despite U.S. sanctions, media company Bloomberg reported…
LNG
Russia: U.S. Sanctions Against Arctic LNG 2 Undermine Global Energy Security
Russian Foreign Ministry spokeswoman Maria Zakharova attends a news conference in Moscow, Russia, April 4, 2023. REUTERS/Maxim Shemetov/File Photo Acquire Licen…
LNG
Totalenergies Says Assessing Impact of US Sanctions on Arctic LNG 2
TotalEnergies signs are seen at a petrol station in Nice, France, October 10, 2022. REUTERS/Eric Gaillard/File Photo Acquire Licensing RightsFrench oil major To…
Oil & Gas Trade
US, Venezuela to Announce Oil Sanctions Deal on Tuesday -Report
The Biden administration and Venezuelan President Nicolas Maduro's government are expected to announce a deal on Tuesday that would ease U.S. sanctions on C…
LNG
Japan's Mitsui to Comply With Arctic LNG 2-Related U.S. Sanctions
The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. Picture taken January 10, 2018. REUTERS/Toru Hanai Acquire Licensin…
Coal Price
India Buys Discounted Venezuelan Petcoke to Replace Coal
Indian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation…
Crude Oil
U.S. Sanctions on Russian Oil to Leave More Cargoes at Sea with No Buyers
The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers.
Oil & Gas Supply
Carve-out in U.S. Sanctions will Still let Russia Profit from Oil, Gas
There is a glaring carve-out in President Joe Biden’s sanctions against Russia: Oil and natural gas from that country will continue to flow freely to the rest …
Oil Price
U.S. Sanctions on Russia not Targeting Energy Markets
Actions the Biden administration took on Tuesday to punish Russia's economy over its aggression in Ukraine are not intended to hit global energy markets.
Crude Oil
Oil Falls on Positive Signals from U.S.-Iran Talks
Oil prices fell on Monday as signs of a progress in the U.S.-Iran nuclear talks that could lead to removal of U.S. sanctions on Iranian oil sales offset concern…
Oil & Gas Trade
Under U.S. Sanctions, Iran and Venezuela Strike Oil Export Deal
Venezuela has agreed to a key contract to swap its heavy oil for Iranian condensate that it can use to improve the quality of its tar-like crude, with the first…
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