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Oil & Gas Trade
Oil & Gas
To Ensure Russia Has not Lost Market Share, Moscow to Build up Half-Finished Oil Wells
Russia believes it is extremely important to quickly regain, or even raise, its oil market share once demand recovers, as it readies to build up its fleet of un
Oil & Gas
US Sanctions Chinese, UAE Firms Skirting Iran Oil Embargo
The United States on Thursday imposed sanctions against 11 Iranian, Chinese and United Arab Emirates companies accused of helping to bypass the American embargo
Oil & Gas
Russia's Gazprom Starts LPG Supplies to Crimea Via New Bridge
Russian state gas producer Gazprom has started direct rail shipments of liquefied petroleum gas (LPG) via a new bridge to the Crimea peninsula which Moscow anne
Oil & Gas
Libya Set To Export First Crude From Oil Ports Since January
Two tankers will be the first since January this year to load oil for export at the Libyan port of Brega, citing unidentified source in the know.
Oil & Gas
Robust Chinese Demand Fuels Oil Market Recovery
Following last week's price rally, oil prices move higher on Monday morning, on bullish demand figures coming from China.
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What is Behind the Eastern Mediterranean Oil and Gas Rush?
Tensions are rising as countries compete for control of oil and gas reserves in the Eastern Mediterranean.
Oil & Gas
Iraq Cuts Oil Exports in August, Pumps Below OPEC+ Target
Iraq's crude oil exports have fallen so far in August, according to shipping data and industry sources
Oil & Gas
U.S. Oil Exports to China Soar 139% in July
U.S. crude oil exports to China grew by 139 percent on the year in July thanks to bargain hunting among Chinese buyers, making the U.S. the fifth-largest suppli
Oil & Gas
Azerbaijan's Exports of Petroleum Products Increase by 16% in the First Seven Months of 2020
From January to July 2020, Azerbaijan exported 706,000 tons of petroleum products, valued at US$190 million.
Oil & Gas
Singapore's Non-Oil Domestic Exports in July Increased by 6% Year-on-Year
According to data released by the Singapore Enterprise Development Board on August 17, Singapore’s non-oil domestic exports in July continued the upward trend
Oil & Gas
Middle East Share of India's Oil Imports Hits 2-Year High in July
Middle Eastern oil accounted for 71.5% of India's oil imports in July.
Oil & Gas
US Slashes Nigerian Oil Imports by 11.67m Barrels
The United States slashed its imports of Nigerian crude oil to 9.37 million barrels in the first five months of this year, 11.67 million barrels lower than what
Oil & Gas
Gazprom Neft profit slumps 80% in Q2
Russia's Gazprom Neft, the oil business of state gas company Gazprom, said weak oil prices had driven a near 80% slump in second-quarter net profit to 22 billio
Oil & Gas
Libya to Export Only Oil Accumulated in Terminals, LNA Says
Libya, following the resumption of the operation of oil facilities, will export only oil accumulated in port terminals, crude produced at deposits will not be e
Oil & Gas
US Eyes October Deadline to End Exemptions on Venezuela Oil Sanctions
The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still receive the S
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Vietnamese PM Holds Working Session with Zarubezhneft Officials During Russia Visit