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Oil & Gas Trade
Oil & Gas
Algeria and Spain in talks to increase gas supply
Spain and Algeria are in talks to increase the supply of natural gas from Algeria, Spanish Foreign Minister Jose Manuel Albares said on March 26 after m
Oil & Gas
Sri Lanka expects to finalize Russian oil purchase deal next week
March 25 Sri Lanka expects to finalize a deal to purchase Russian oil and petroleum products next week, head of the state fuel company Ceylon Petroleum Corporat
Oil & Gas
Kazakhstan and Shell strengthen cooperation in oil and gas sector
Kazakh Energy Ministry Yerlan Akkenzhenov held a meeting with Shell CEO Wael Sawan in the U.S.Photo credit: Kazakh Foreign MinistryThe press service of the Kaza
Oil & Gas
Vietnamese PM Holds Working Session with Zarubezhneft Officials During Russia Visit
On Tuesday afternoon (local time), as part of his official visit to Russia, Vietnamese Prime Minister Phạm Minh Chính visited and held a working session
Oil & Gas
Carlyle Hires Goldman Sachs for Lukoil Asset Bid
U.S. private equity firm Carlyle has engaged Goldman Sachs to assist with its potential acquisition of international assets from Russian oil company Lukoil. Thi
Oil & Gas
Chevron to Join Nigeria Oil Licence Auction, Plans Rig Deployment in 2026
Chevron announced on Friday that it will take part in Nigeria's upcoming oil licensing round and intends to deploy a drilling rig in late 2026 to support fu
Oil & Gas
Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%
Saudi Arabia’s state oil company Aramco and Algeria’s national energy firm Sonatrach have reduced their official selling prices (OSPs) for liquefied
Oil & Gas
Algeria Signs $5.4 Billion Oil and Gas Deal With Saudi Firm Midad Energy
Algeria’s state-owned energy company Sonatrach announced on Monday that it has signed a production-sharing contract worth approximately $5.4 billion with
Oil & Gas
US Winds Down Exports of LPG to Venezuela, Treasury Says
On July 7, 2025, the U.S. Treasury Department announced the termination of a license permitting shipments of liquefied petroleum gas (LPG) to Venezuela’s
Oil & Gas
Vitol Steps up Venezuela Oil Buying Before U.S. License Lapses
Vitol Group, the world’s largest independent oil trader, has increased its oil purchases from Venezuela in April, utilizing a U.S. license set to expire o
Oil & Gas
Russia Ramps up Oil Products Supplies to Indonesia
Russia has increased its oil product shipments to Indonesia as it seeks new markets for its exports, according to market sources and LSEG data reported on April
Oil & Gas
Venezuela’s PDVSA Suspends Oil Loading Authorizations to Chevron, Sources Say
On Thursday, Venezuela’s state oil company, PDVSA, revoked several authorizations previously granted to U.S.-based Chevron for loading and exporting Venez
Oil & Gas
China’s CNOOC Exits U.S. Offshore Oil and Gas
British energy firm Ineos has finalised its acquisition of the U.S. Gulf assets from China’s state-owned oil company, CNOOC. The deal, completed on April
Oil & Gas
PetroChina Reports Record 2024 Net Income on Higher Production
PetroChina (601857.SS), Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately higher production help
Oil & Gas
Venezuela’s PDVSA to Keep Producing, Exporting Oil Previously Handled by Chevron, Document Says
Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest joint vent
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Most views from Oil & Gas Trade
1
Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd
2
China’s Crude Oil Imports From Top Supplier Russia Reach New High in 2024
3
Nigeria Inks Massive Oil Deal With Supermajors
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Algeria and Spain in talks to increase gas supply
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Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US
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Vietnamese PM Holds Working Session with Zarubezhneft Officials During Russia Visit
