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Oil & Gas
Value Of Saudi Oil Exports Jumps 147% In May
Higher oil prices and higher exports resulted in a 147-percent jump in the value of Saudi Arabia’s oil exports in May 2021 compared to May 2020。
Oil & Gas
UK Gas Exports to EU to Stay Low
UK gas flows to the EU could stay minimal in August-September, as almost all surplus gas could be added to mid-range storage.
Oil & Gas
Pakistan: Crude Oil Imports Surge 317pc in May
Imports of crude oil increased by a whopping 317 per cent in May which translated into higher than expected production of petroleum products by local refineries
Oil & Gas
Israel Freezes UAE Oil Deal Over Environmental Concerns
The environmental protection ministry says the risk assessment ‘did not meet the conditions’ stipulated by the ministry.
Oil & Gas
Iraq to Sell Lebanon 1 mil mt/year of Heavy Fuel Oil in Barter Deal
Iraq has agreed to sell Lebanon 1 million mt/year of heavy fuel oil in return for "goods and services" in a barter deal that should help OPEC's second-biggest p
Energy Economy
Honduras Spends 52% more on Oil Imports in First 5 Months 2021
he increase in the oil bill in the first five months of 2021 is due to the rise in the international price of oil, influenced by the reactivation of the economi
Oil & Gas
Italian LNG Imports Fall on Quick Algerian Piped Supply
Italy's LNG receipts have fallen sharply since the start of the 2020-21 gas year, displaced by brisk Algerian pipeline take.
Policy & Regulation
Russia Weighs Gasoline Export Ban
Russia is ready to introduce a ban on gasoline exports as soon as next week amid record-high wholesale prices on the exchange.
Oil & Gas
China Taps Into Crude Reserves To Curb Oil Price Rally
The world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to c
Oil & Gas
U.S. Crude Oil Exports Reached Record Levels in 2020, Remain High in 2021
Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020.
Oil & Gas
Pakistan, Russia Sign Gas Pipeline Agreement
The governments of Pakistan and Russia have signed a preliminary agreement for the construction of the 16.5bn m³/yr Pakistan Stream Gas pipeline, which could a
Oil & Gas
China & Nord Stream-2 Top Agenda As Biden Meets Merkel
The two sides are hoping to mend deeply strained relations ahead of Germany's election in ten weeks.
Oil & Gas
Gas Import Options Expanding for China
China is poised to become the top global liquefied natural gas importer this year, bypassing current leader Japan
Oil & Gas
Saudi, Oman Call for Continued Oil Cooperation Between OPEC and Allies
Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market.
Oil & Gas
Brazil Plans To Be 5th-Largest Crude Exporter By 2030
Brazil’s expected oil output surge this decade will make it the world’s fifth-largest crude exporter in 2030, Brazilian Mines and Energy Minister Bento Albuqu
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