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Energy Economy
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,
Oil & Gas
US Imports of Canadian Crude up as Line 3 Starts
Early signs that new pipeline capacity out of Canada is now supplying crude to the US came this week as preliminary data from the US EIA showed a notable rise i
Oil & Gas
Iran And Venezuela Strike Oil Swap Deal
Iran and Venezuela have struck a deal to swap heavy Venezuelan crude for Iranian condensate.
Oil & Gas
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
Oil & Gas
India's Oil Imports Rose to 4-month High in August
Indian refiners mostly buy oil about two months ahead of processing.
Oil & Gas
China's Oil Consumption Seen Peaking Around 2026, Sinopec Exec Says
Natural gas will become China's top fossil fuel resource around 2050
Oil & Gas
Sudan Expects to Reach Oil Products Deal with Saudi Aramco
A delegation of Saudi officials and businesses is in Sudan for two days of talks on potential investments in sectors including agriculture, energy, mining and t
Oil & Gas
Nigeria Struggles to Find Buyers for October Oil Exports
Nigeria has sent a signal that the recovery in global oil demand still has some way to go, with volumes for next month’s loading struggling to find a home, eve
Oil & Gas
China’s Oil Imports Rebounded In August
China’s crude oil imports averaged 10.25 million bpd daily last month, more than 5 percent higher than in July, energy analytics provider OilX has reported.
Oil & Gas
Syria Says It Welcomes Lebanon's Request to Import Energy
Syria said on Saturday that it welcomed Lebanon’s request to import Egyptian gas for energy generation via its territory after Lebanese ministers made the high
Oil & Gas
China’s Zhenhua Oil Seeks Tie-up with Local Firm for First Gas Terminal
China’s Zhenhua Oil is in advanced discussions to join a provincial government-backed firm to build a natural gas receiving terminal in east China, the first i
Oil & Gas
Petronet Looks to Make Foray into Petrochemical Business, Plans LNG Terminal in Odisha
Petronet, which owns and operates to terminals at Dahej and Kochi in Kerala for import of super-cooled gas in ships, is also looking at setting up a floating te
Energy Economy
India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project
A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company
Energy Economy
Abu Dhabi’s Taqa Looks to Sell UK, Dutch Oil and Gas Assets
Abu Dhabi National Energy Co. has begun a process to sell its oil and gas assets in the Netherlands and the UK, according to documents seen by Bloomberg.
Oil & Gas
CNOOC Invites Foreign Firms to Bid for 19 Blocks of Offshore Oil and Gas
CNOOC had inked 228 contracts with 81 oil companies from 21 countries and regions by July, it said.
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