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Oil & Gas Trade
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
Oil & Gas
US Orders Wind down of Chevron’s Oil Exports From Venezuela
The Trump administration said on Tuesday it was ending a license that the U.S. had granted to oil producer Chevron (CVX.N),since 2022 to operate in Venezuela an
Oil & Gas
Finland to Release Oil Tanker Suspected of Power Cable Breach
Finland will release an oil tanker which investigators believe broke a Baltic Sea power cable and four internet lines late last year, and will escort the vessel
Oil & Gas
Congress Kills Biden Era Methane Fee on Oil, Gas Producers
On February 27, 2025, the U.S. Senate voted to approve a resolution reversing a Biden administration policy that introduced a fee on methane emissions. This dec
Oil & Gas
Leviathan Partners Eye Big Expansion of Natgas Field for Israel and Export
An aerial view taken from a helicopter shows the Leviathan natural gas rig off the coast of the Mediterranean coast, in northern Israel, April 26, 2023.Partners
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Most views from Oil & Gas Trade
1
Chevron to Join Nigeria Oil Licence Auction, Plans Rig Deployment in 2026
2
Venezuela's 2023 Oil Exports Rose, Aided by Us Sanctions Easing
3
Carlyle Hires Goldman Sachs for Lukoil Asset Bid
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Venezuela Mulls Proposal to Extend PDVSA-Chevron Oil Joint Venture Through 2047
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Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%
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Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines