Oil & Gas Trade

Oil & Gas
Jet Fuel Crisis Will Hurt Oil Demand For Years To Come
A full recovery in jet fuel demand will probably have to wait until 2023, Bank of America (BofA) said in a recent commodities research report cited by The Natio
Oil & Gas
In the First Half of 2020, Uzbekistan's Natural Gas Production Fell by 17.1%
The National Statistics Committee of Uzbekistan said on Monday that from January to June this year.
Oil & Gas
OnTurtle Makes Major Expansion With 88 Fuel Service Stations
OnTurtle, as part of its expansion plan developed together with its German supplier, BAYWA, has expanded its presence in Germany with 88 new fuel service statio
Energy Economy
Sinopec Unit Sells Gas Pipeline Asset to PipeChina
China's new oil and gas pipeline company PipeChina has made its first purchase of gas infrastructure assets.
Oil & Gas
Kuwait Heavy Oil Output to Hit 75,000 b/d by September
State-owned KPC's upstream arm KOC has been ramping up production from the South Ratqa heavy oil field and expects to reach its phase one plateau target of 60,0
Oil & Gas
Indonesia’s August Gasoline Imports Likely to Stay Low
Indonesia's gasoline imports are expected to remain low in August despite increasing driving activity in the southeast Asian country.
Oil & Gas
US Crude Floating Storage Shifts Toward Asia
Adds US crude export pricing context.
Oil & Gas
Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May
The value of Saudi Arabia’s oil exports dropped by 65% year-on-year in May, or a fall of nearly $12 billion, official data showed on Thursday.
Oil & Gas
What’s Next For Oil And Gas?
Oil demand has been decimated by Covid-19, bottoming in April at 76 million barrels per day, down 25% from 102 million barrels per day in December 2019.
Video
Chevron CEO Michael Wirth on Why Noble Energy Deal is Good for Shareholders
Chevron will buy Noble Energy in a $5 billion stock-swap deal, valuing Noble at 7.6 percent above its Friday close.
Oil & Gas
Texas Oil Regulator Accuses Saudi Arabia and Russia of Dumping Crude on U.S. Markets
Urge the federal government to investigate and take appropriate action against Saudi Arabia and Russia for excessive crude dumping.
Oil & Gas
Russia Delivers First Arctic Oil To Key Ally China
Ensuring a leading position in the exploration and development of the Arctic's huge gas deposits has long been a key part of President Vladimir Putin’s overall
Oil & Gas
Kuwait's Oil Sector Cancels Several Tenders & Projects to Cut Costs
Kuwait Petroleum Corporation and its subsidiaries have started to cancel a large number of unimportant tenders and contracts within the budget of the current fi
Oil & Gas
India to Create its First Overseas Oil Stockpile in US
India is moving to store oil in the US, the first time world’s third-largest oil guzzler is creating an emergency reserve abroad to take advantage of low price
Oil & Gas
Total Secures $14.9 bn to Finance Mozambique Gas Project
French oil giant Total on Friday said it had signed a $14.9 billion financing agreement for a gas project in northern Mozambique.

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

Oil & Gas Trade

Jet Fuel Crisis Will Hurt Oil Demand For Years To Come

In the First Half of 2020, Uzbekistan's Natural Gas Production Fell by 17.1%

OnTurtle Makes Major Expansion With 88 Fuel Service Stations

Sinopec Unit Sells Gas Pipeline Asset to PipeChina

Kuwait Heavy Oil Output to Hit 75,000 b/d by September

Indonesia’s August Gasoline Imports Likely to Stay Low

US Crude Floating Storage Shifts Toward Asia

Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May

What’s Next For Oil And Gas?

Chevron CEO Michael Wirth on Why Noble Energy Deal is Good for Shareholders

Texas Oil Regulator Accuses Saudi Arabia and Russia of Dumping Crude on U.S. Markets

Russia Delivers First Arctic Oil To Key Ally China

Kuwait's Oil Sector Cancels Several Tenders & Projects to Cut Costs

India to Create its First Overseas Oil Stockpile in US

Total Secures $14.9 bn to Finance Mozambique Gas Project

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