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Oil & Gas Trade
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
Oil & Gas
S.Korea’s June Crude Oil Imports up 5.9% y/y – Preliminary Data
South Korea’s June crude oil imports rose 5.9% to 79.0 million barrels from a year earlier, preliminary data from the Ministry of Trade
Oil & Gas
Iraq's Crude Oil Exports Exceed 86 mln Barrels in June
Iraq's Ministry of Oil said on Thursday that the country exported 86.76 million barrels of crude oil in June, bringing in revenues of about 6.14 billion U.S. do
Oil & Gas
Gazprom Plans to Supply 8.5 billion cubic meters of Natural Gas to China This Year
Gazprom said that it plans to supply 8.5 billion cubic meters of natural gas to China this year and double its income from natural gas exports to China.
Oil & Gas
Petrobangla Signs MOU with Indian H-Energy to Import R-LNG
State-run Petrobangla has inked a memorandum of understanding with Indian H-Energy recently to import re-gasified LNG (R-LNG) through a cross-border pipeline.
Oil & Gas
GS Caltex to Import 2 Million Barrels of Carbon Neutral Oil
GS Caltex will introduce two million barrels of carbon-neutral crude oil certified as carbon-neutral crude oil from Lundin Energy, a Swedish energy company.
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Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd
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China’s Crude Oil Imports From Top Supplier Russia Reach New High in 2024
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Algeria and Spain in talks to increase gas supply
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Vietnamese PM Holds Working Session with Zarubezhneft Officials During Russia Visit
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Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US