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Oil & Gas Trade
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.
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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.
Oil & Gas
Oil Down ith OPEC+ Signaling Production Cuts, While U.S.-China Tensions Rise
Oil was down on Thursday morning in Asia as OPEC announced the easing of production cuts after its Joint Ministerial Monitoring Committee meeting on Wednesday.
Oil & Gas
Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’
An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates.
Oil & Gas
U.S. LNG Exports Will Fall to 25%
The average US LNG export volume in June was 3.6 billion cubic feet per day, and the average export volume in July.
Oil & Gas
Venezuela Restarts Gasoline Output At Only Operating Refinery
Venezuela's state oil firm PDVSA has resumed gasoline production at the only operating refinery in the country home to the world's largest oil reserves that is
Oil & Gas
The Middle East Nation Reopening its Doors to Iraqi Oil
It will also serve to consolidate the Shia crescent of power falling across the region by dint of Iran, and its prime backers, China and Russia.
Oil & Gas
Oil Rises Slightly Ahead of OPEC+ Meeting
Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June.
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Most views from Oil & Gas Trade
1
Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility
2
Slovakia shows interest in gas from Romania's Neptun project
3
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
