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Oil & Gas Trade
Oil & Gas
Oil’s Demand Plunge Doing More Damage than The Price War
Imagine U.S. President Donald Trump makes a deal with Saudi Arabia and Russia to cut oil production. Envisage Washington, Moscow and Riyadh going big, each cut
Oil & Gas
Energean Secures Gas Prices for 70% of Output
Israeli gas-focused company Energean said Tuesday it’s well-placed to weather the challenges currently posed to the industry.
Oil & Gas
Papua New Guinea LNG Sells Cargo at $4/MmBtu
ExxonMobil sold a shipment of liquefied natural gas in April for nearly $4 per million British thermal units.
Oil & Gas
Azerbaijan's BTC Pipeline Jan-Feb Oil Exports Down 7.3 Per Cent yr/yr
Azerbaijan's total oil exports in January-February totalled 6.271 million tonnes, about 80 per cent through the BTC.
Oil & Gas
PetroVietnam Says Considers Stockpiling Oil Amid Low Prices
Vietnam Oil and Gas Group, known as PetroVietnam, said on Wednesday it was considering stockpiling crude oil amid low prices while exploring measures to cope wi
Oil & Gas
Russia Sees Oil & Gas Income Fall By Almost $40 Billion
Russia’s revenues from oil and gas will be US$39.5 billion (3 trillion rubles) lower than planned, due to the tumbling oil prices, Russian Finance Minister Ant
Oil & Gas
China's Major Oilfields Maintain Pace Amid Oil Crash
Crude oil prices dropped below break-even operating expenses for Chinese oil companies, but major oil fields have maintained stable production. Faced with press
Oil & Gas
Venezuela Looks To Play Mediator Between OPEC And Russia
Venezuela is in discussions with OPEC and Russia about the current oil price collapse, Nicolas Maduro said on Thursday at a press conference shown on Twitter, a
Oil & Gas
Worldwide Oil Price Drop to Curb Turkey's Gas Import Costs by 30%
The drop in oil prices could lead to a 30% decrease in Turkey's long-term natural gas contracts with Russia, Iran and Azerbaijan, experts predict.
Oil & Gas
The World’s Biggest Oil Trader Negotiates Venezuela Oil Purchase
The largest independent oil trader in the world, Vitol Group, is discussing the purchase of Venezuelan crude oil from a Mexican firm that had received the crude
Oil & Gas
Oil Crisis Deepens in Libya as Losses Exceed $3 billion
The oil crisis in Libya is deepening as a blockade of the country’s vital oil fields generated losses of more than $3 billion, the national oil corporation ann
Oil & Gas
COVID-19 Impact on Chinese LNG Imports Dwindles
China's liquefied natural gas (LNG) imports during March have reached the same levels as last year's figures. Recent data has revealed the coronavirus impact is
Oil & Gas
Saudi Arabia Unveils Plans to Maximize Oil Output, Escalating a Price War with Russia
OPEC kingpin Saudi Arabia unveiled plans Wednesday to dramatically ramp up oil production, raising the stakes of an all-out price war with non-OPEC leader Russi
Oil & Gas
Oil Price crash: 3 Things You need to Know Today
On Monday 9th March 2020, the oil price saw its biggest fall in 30 years. Here’s our analysts’ rapid response to the oil price crash. Look out for more detail
Oil & Gas
China to Bump up Strategic Oil Reserves After Price Crash
Citing people with knowledge of the matter that China is considering the possibility of ramping up the country's strategic oil reserves by buying crude now, esp
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Most views from Oil & Gas Trade
1
Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%
2
Venezuela Mulls Proposal to Extend PDVSA-Chevron Oil Joint Venture Through 2047
3
Venezuela's 2023 Oil Exports Rose, Aided by Us Sanctions Easing
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Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines
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Exclusive: Russia Increases Gasoline Imports From Belarus as Domestic Supplies Shrink
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Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal