Oil & Gas Trade

Oil & Gas
OPEC Expects Global Oil Demand Hits Biggest Downfall
The Organization of the Petroleum Exporting Countries now expects global demand to contract by 9.07 million barrels per day, or 9.1 per cent, in 2020, it said i
Oil & Gas
Justin Trudeau Wants Canadian Oil Producers to Set Climate Targets
The comments come as Japan's biggest bank by assets said it would restrict transactions involving oil sands, while Norway's $1 trillion wealth fund blacklisted
Oil & Gas
India Oil & Gas Industry Might Need More Time to Recover
Most O&G CXOs believe that the recovery for the sector is likely to be longer, and more protracted than anticipated.
Oil & Gas
Oil Drops in Early Asian Trading Amid Worries about Second Wave Pandemic
Oil prices fell in early Asian trading on Wednesday after industry data showed a rise in U.S. crude inventories and concerns mount about a possible second wave
Oil & Gas
Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%
Saudi Aramco reported a 25% fall in net income for the first quarter on Tuesday, as the state-owned oil giant battles with a dramatic slide in crude prices and
Oil & Gas
Australia's LNGL Plans Sale of Magnolia LNG Project
Australian firm LNG plans to sell the 8mn t/yr Magnolia LNG project in Louisiana for $2.25mn to a firm called Global Energy Megatrend.
Oil & Gas
Topside Installed for Norway's Nova Field
Wintershall Dea's Nova field will be tied back to a platform at the Neptune Energy-operated Gjoa field.
Oil & Gas
The Oil and Gas Industry is Losing Young Professionals
The oil and gas industry is grappling with a growing employment crisis as young professionals steer clear of the ailing industry
Oil & Gas
NOC to Produce LPG in Sharara Oil Field for Local Consumption
National Oil Corporation’s subsidiaries and Repsol Consortium have reached the final stages of an ambitious study to recover LPG contained in flare gas in the
Oil & Gas
McDermott Wins Contract for LPG Spheres in Caribbean
A McDermott International subsidiary, CB&I Storage Solutions, has been awarded a contract for four storage spheres of liquefied petroleum gas.
Oil & Gas
India's LNG Imports Jumped 18 % in 2019-2020
India's imports of liquefied natural gas (LNG) jumped by 18% in 2019-2020.
Oil & Gas
U.S. Drillers Expected to Slash Oil and Gas rigs to Lowest Ever
The number of oil and gas rigs operating in the United States is expected to hit an all-time low this week - reflecting data going back 80 years - as the energy
Oil & Gas
North American Oil Producers Cut Output Quicker Than Some Expected
OPEC and allies led by Russia struck a deal in April to contain a worsening supply glut as the coronavirus pandemic cratered global fuel demand by about 30%, se
Oil & Gas
Oil Exports Fetch USD 1.4 Billion in Libya
Such was the amount from foreign sales of petroleum from January to April. Political instability caused a drastic drop in output.
Oil & Gas
Saudi Arabia Succeeds In Seizing Oil Market Share From Key Rivals
Saudi Arabia doubled its crude oil exports to China in April to the highest volumes since at least 2017.

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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

OPEC Expects Global Oil Demand Hits Biggest Downfall

Justin Trudeau Wants Canadian Oil Producers to Set Climate Targets

India Oil & Gas Industry Might Need More Time to Recover

Oil Drops in Early Asian Trading Amid Worries about Second Wave Pandemic

Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%

Australia's LNGL Plans Sale of Magnolia LNG Project

Topside Installed for Norway's Nova Field

The Oil and Gas Industry is Losing Young Professionals

NOC to Produce LPG in Sharara Oil Field for Local Consumption

McDermott Wins Contract for LPG Spheres in Caribbean

India's LNG Imports Jumped 18 % in 2019-2020

U.S. Drillers Expected to Slash Oil and Gas rigs to Lowest Ever

North American Oil Producers Cut Output Quicker Than Some Expected

Oil Exports Fetch USD 1.4 Billion in Libya

Saudi Arabia Succeeds In Seizing Oil Market Share From Key Rivals

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