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Oil & Gas Trade
Oil & Gas
Rystad Expects 2021 to Bring Largest Crude Deficits in Years
The Covid-19 pandemic has devastated crude and condensate demand in 2020, creating massive supply surpluses and filling up inventories, causing producers to sla
Oil & Gas
Russia’s Crude Oil Exports Drop 10% In January-October
Due to lower demand and the OPEC+ deal, Russia’s crude oil exports declined by 10.4 percent in volume year over year in January to October, data from the Russi
Oil & Gas
Gazprom lifts Ukraine January Gas Transport Bookings
Russia's state-controlled Gazprom has booked considerably more gas transport capacity through Ukraine for January, although overall booked capacity is still set
Oil & Gas
China Issues Higher Oil Import Quotas For 2021
China has issued the first round of crude oil quotas for next year, and it is 18 percent higher than the respective round for 2019, citing unnamed sources in th
Oil & Gas
China Issues 122.59 mln T in 1st Round of Oil Import Quotas
Beijing had said inThe ZPC plant last month started operations at a 200,000 barrel per day (bpd) crude processing unit.
Oil & Gas
Pakistan Arranges 12 LNG Cargoes for January
In order to meet the energy demand of the country, the government has arranged 12 LNG cargoes for January 2021, informed the Petroleum Division on Saturday.
Oil & Gas
Belarus Suspends Klaipeda Oil Product Exports
Belarus appears to be halting oil product exports through the Lithuanian port of Klaipeda in what may be a politically-motivated move.
Oil & Gas
Putin: Russia Reduces Its Dependence On Oil
Russia is successfully weaning itself off oil revenues, President Vladimir Putin said today during an annual end-of-the-year news conference, as quoted by RT.
Policy & Regulation
Egypt And Iraq Sign Landmark Oil Deal
Egypt and Iraq have signed an oil-for-reconstruction plan this December, expected to come into effect once constitutional procedures have been completed.
Oil & Gas
China's LNG Imports Could Hit Record High in Dec as Demand Bounces Back
The world's second largest LNG importer after Japan is on track to import its highest monthly volumes since December 2019, Refinitiv shiptracking data showed.
Oil & Gas
Russia Approves Sinopec's Participation in Huge Petrochemical Project
The Russian government has approved participation of China's Sinopec company in a large-scale petrochemical project, the government said in a statement on Tuesd
Oil & Gas
Egypt, Iraq Move Forward with Oil-for-Reconstruction Plan
The oil-for-reconstruction agreement signed between Egypt and Iraq will enter into bilateral implementation as soon as constitutional procedures are complete, E
Oil & Gas
Gladstone November LNG Exports Up
LNG exports from the three liquefaction plants located on Curtis Island off Gladstone jumped when compared to the corresponding month in 2019.
Video
Video: Kenya Now Exporting Oil to Uganda Through World Class Kisumu Port
The Mv-Uhuru Wagon Ferry was refurbished after 13 years of inactivity and is now transporting petroleum products from the Kisumu Port to Uganda, having made 27
Energy Economy
Qatar Set To Significantly Boost Energy Investments In India
Major energy importer India and one of the world’s top liquefied natural gas exporters, Qatar, agreed on Tuesday to create a special task force to explore and
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Petron secures 2.5M barrels of Russian crude oil
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Algeria and Spain in talks to increase gas supply
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New Zealand's Oil Refinery Set to Convert Into Import Terminal
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Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend
