Oil & Gas Trade

Oil & Gas
Russian Exports: Shipments Fall on Black Sea Storms, Druzhba
kidsnord/ShutterstockRussia’s crude oil exports declined by nearly 9% in February due mainly to port stoppages in Novorossiysk and lower flows to Europe.C
Oil & Gas
Egypt to Announce New Energy Strategy in Coming Weeks
Decarbonisation, natural gas and hydrogen will be key elements of transition plan to reach 42 per cent renewable energy by 2030
Oil & Gas
Bahrain Explores Constructing LNG Export Facility
Bahrain aims to slash domestic natural gas consumption under a plan to decarbonize its economy and is exploring ways to export the fuel to international markets
Oil & Gas
Biden Sets Sights on Scrapping Oil and Gas Subsidies
The Biden administration is planning to eliminate subsidies for the oil and gas industry in its next budget, Reuters has reported, citing a White House document
Oil & Gas
Slim Bunker Demand Pressures Low-Sulphur Fuel Oil
The increased use of vessel exhaust scrubbers has boosted HSFO demand, narrowing the spread with lower-sulphur bunker fuel, write Sammy Six and Sarah GiamVery-l
Oil & Gas
Oil Stays Firm on China Growth Hopes
Oil prices rose in Asian trade, supported by hopes a solid economic rebound in China will drive up fuel demand, offsetting worries about further US interest rat
Oil & Gas
Benchmarking: Outlook for Demand, Global Balances Diverge
Watch The World/ShutterstockAlthough macroeconomic concerns loom large in the foreground, oil consumption will grow by an average 1.75 million b/d among major f
Oil & Gas
Cornwall Insight Responds to the Announcement of the April Price Cap
Dr Craig Lowrey, Principal Consultant at Cornwall Insight said:Following the announcement by Ofgem that April’s Default Tariff Cap (price cap) will fall t
Oil & Gas
Venture Global Will Supply 2 MT/Year of US Lng to China Gas Holdings
The US LNG company Venture Global has signed two 20-year LNG supply agreements with the Chinese gas distributor China Gas Holdings totalling 2 Mt/year. Under th
Oil & Gas
European Natural Gas Prices Could More Than Double in 2024, Goldman Sachs Says
The region's energy crisis will not find a 'sustainable solution' until 2025, says investment bank
Oil & Gas
GLOBAL MARKET FOR OILFIELD SERVICES CONTRACTORS TO REACH $1 TRILLION IN 2025
(Source: Rystad Energy – Image: Frack operation in the Permian Basin/Lorne Matalon)Rystad Energy expects the global market for oil and gas contractors to
Oil & Gas
UK Energy Company Centrica Triples Profit
British Gas owner records earnings of £3.3bn for 2022 on the back of Russian invasion of Ukraine
Oil & Gas
First GECF Monthly Gas Market Report now available
Doha, QATAR – 15 February 2023: The GECF is pleased to unveil the inaugural edition of the Monthly Gas Market Report (MGMR). This new publication offers a
Oil & Gas
Biden Administration Plans to Sell 26 Million Barrels of Crude
The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought t
Oil & Gas
Growth in LNG Export Capacity Will Be Limited in 2023
The LNG transport ship called KARMOL LNGT Powership Africa is shown offshore Africa in May 2022. (Photo: Reuters.)After growing aggressively for a decade, the a

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Most views from Oil & Gas Trade

China's 2023 Oil and Gas Output Hits Record High 390 Mil MT Oil Equivalent

Oil & Gas Trade

Russian Exports: Shipments Fall on Black Sea Storms, Druzhba

Egypt to Announce New Energy Strategy in Coming Weeks

Bahrain Explores Constructing LNG Export Facility

Biden Sets Sights on Scrapping Oil and Gas Subsidies

Slim Bunker Demand Pressures Low-Sulphur Fuel Oil

Oil Stays Firm on China Growth Hopes

Benchmarking: Outlook for Demand, Global Balances Diverge

Cornwall Insight Responds to the Announcement of the April Price Cap

Venture Global Will Supply 2 MT/Year of US Lng to China Gas Holdings

European Natural Gas Prices Could More Than Double in 2024, Goldman Sachs Says

GLOBAL MARKET FOR OILFIELD SERVICES CONTRACTORS TO REACH $1 TRILLION IN 2025

UK Energy Company Centrica Triples Profit

First GECF Monthly Gas Market Report now available

Biden Administration Plans to Sell 26 Million Barrels of Crude

Growth in LNG Export Capacity Will Be Limited in 2023

China's 2023 Oil and Gas Output Hits Record High 390 Mil MT Oil Equivalent

ICE Warns It Could Relocate Gas Trading Out Of EU If Bloc Caps Price

Kazakhstan Plans to Increase Gas Transit to Uzbekistan, Kyrgyzstan and China

China’s Crude Oil Imports From Top Supplier Russia Reach New High in 2024

Chevron to Join Nigeria Oil Licence Auction, Plans Rig Deployment in 2026

Total Takes US$7-Billion Hit on Exposure to Canada's Oil Sands