Oil & Gas Trade

Oil & Gas
Shale Job Losses Accelerating and the Worst May be Yet to Come
Roughneck job cuts accelerated in July and the outlook may worsen as new Covid-19 cases stifle economic activity, according to the Petroleum Equipment and Servi
Oil & Gas
Saudi Aramco Says Profit Fell 73 Percent as Demand for Oil Shrank
Saudi Aramco, the world’s largest oil company, said on Sunday that its quarterly earnings plunged more than 73 percent compared to a year ago, as lockdowns imp
Oil & Gas
BP has Ambitious Long-Term Plans for Work in Azerbaijan's Oil&gas Sector
BP will continue its business in Azerbaijan, Bakhtiyar Aslanbayli, BP’s communications and advocacy vice president for the Middle East and Caspian Region state
Oil & Gas
Algeria's Gas Exports to Fall Sharply in 2025
Algeria's gas exports will drop to 26 billion to 30 billion cubic metres per year in 2025 from 45 billion in 2020.
Oil & Gas
Oil Rises on Saudi Aramco's Upbeat Demand View
Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts, although uncertainty over a deal to shor
Oil & Gas
Iran Moves from Oil to Petrochemicals in Export
Country launches 3 major petrochemical projects worth $1.6B to boost non-oil revenue.
Oil & Gas
Libya's Oil Blockade Will Help Clear the Global Supply Glut
Libya's port blockade is set to keep the North African country's oil off the market until at least the fourth quarter of 2020
Oil & Gas
U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia
The U.S. sent in June its first crude oil shipment to Saudi Arabia since the ban on crude export was lifted in 2015, which was also the first shipment since one
Oil & Gas
Ukraine to Increase Domestic Natural Gas Production
Ukraine’s largest natural gas producer, Ukrgasvydobuvannya, will increase domestic natural gas production, reduce the country’s dependency on imports and impr
Oil & Gas
US Firm Secures Oil Deal with US-Backed Forces in Syria
A U.S. company has reportedly reached a deal with Kurdish-led authorities in northeast Syria to develop and export crude oil in areas under their control in the
Oil & Gas
China’s Crude Oil Imports Drop From Record Highs
China’s crude oil imports are estimated to have dropped in July by 3 percent from June, but they were still much higher than the import volumes in July 2019.
Oil & Gas
Ukraine Says no Plans to Resume Gas Purchases from Russia
Ukraine's state energy firm Naftogaz said it would not resume buying natural gas from Russia.
Oil & Gas
US extends LNG Export Term to 2050
The Department of Energy is issuing a final policy statement that allows for US LNG exports to non-free trade agreement countries to be extended through the yea
Oil & Gas
Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend
Royal Dutch Shell swung to a heavy net first-half loss, but paid a dividend as the Covid-19 crisis hammered oil and gas prices.
Oil & Gas
Total Takes US$7-Billion Hit on Exposure to Canada's Oil Sands
Total SE announced an US$8.1 billion writedown after the push to curb carbon emissions and the coronavirus pandemic challenged assumptions about the viability o

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Most views from Oil & Gas Trade

Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%

Oil & Gas Trade

Shale Job Losses Accelerating and the Worst May be Yet to Come

Saudi Aramco Says Profit Fell 73 Percent as Demand for Oil Shrank

BP has Ambitious Long-Term Plans for Work in Azerbaijan's Oil&gas Sector

Algeria's Gas Exports to Fall Sharply in 2025

Oil Rises on Saudi Aramco's Upbeat Demand View

Iran Moves from Oil to Petrochemicals in Export

Libya's Oil Blockade Will Help Clear the Global Supply Glut

U.S. Sends Crude Oil To World’s Top Exporter Saudi Arabia

Ukraine to Increase Domestic Natural Gas Production

US Firm Secures Oil Deal with US-Backed Forces in Syria

China’s Crude Oil Imports Drop From Record Highs

Ukraine Says no Plans to Resume Gas Purchases from Russia

US extends LNG Export Term to 2050

Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend

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

Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%

Venezuela Mulls Proposal to Extend PDVSA-Chevron Oil Joint Venture Through 2047

Venezuela's 2023 Oil Exports Rose, Aided by Us Sanctions Easing

Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines

Exclusive: Russia Increases Gasoline Imports From Belarus as Domestic Supplies Shrink

Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal