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Oil & Gas
India's Top Refiner Declares Force Majeure On Oil Imports From Saudi Arabia
Indian Oil Corp (IOC), the country’s biggest refiner and fuel retailer, has declared a force majeure on oil imports from some of its top oil suppliers, includi
Oil & Gas
Australia's Woodside Slashes $2 bln in Spending, Delays Key Gas Projects
Woodside Petroleum has halved its 2020 spending forecast and delayed the start of two of its biggest gas projects.
Oil & Gas
Demand Destruction Foils Saudi Arabia’s Plan To Flood Europe With Oil
Saudi Arabia has promised a flood of cheap oil to Europe as it aims to hit its former ally Russia in its own backyard, but it looks like demand for the ultra-ch
Oil & Gas
Russia’s Unexpected Advantage in The Oil Price War
While the ruble is now at its lowest level against the dollar in four years, the cheaper ruble has a silver lining for Russia’s oil producers in the oil price
Oil & Gas
U.S. Goes Ahead With Oil, Gas Lease Sales Despite Price Crash
Despite calls for immediate suspension of oil and gas drilling lease sales on federal land amid slumping prices, the U.S. will hold lease sales this week in fou
Oil & Gas
Russia Moves In On European Gas Markets As Oil Prices Crash
Russia sees a silver lining in the oil price collapse—it now believes that the oil price war will help it win the war for natural gas market share in Europe.
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.

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Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd

Oil & Gas Trade

India's Top Refiner Declares Force Majeure On Oil Imports From Saudi Arabia

Australia's Woodside Slashes $2 bln in Spending, Delays Key Gas Projects

Demand Destruction Foils Saudi Arabia’s Plan To Flood Europe With Oil

Russia’s Unexpected Advantage in The Oil Price War

U.S. Goes Ahead With Oil, Gas Lease Sales Despite Price Crash

Russia Moves In On European Gas Markets As Oil Prices Crash

Oil’s Demand Plunge Doing More Damage than The Price War

Energean Secures Gas Prices for 70% of Output

Papua New Guinea LNG Sells Cargo at $4/MmBtu

Azerbaijan's BTC Pipeline Jan-Feb Oil Exports Down 7.3 Per Cent yr/yr

PetroVietnam Says Considers Stockpiling Oil Amid Low Prices

Russia Sees Oil & Gas Income Fall By Almost $40 Billion

China's Major Oilfields Maintain Pace Amid Oil Crash

Venezuela Looks To Play Mediator Between OPEC And Russia

Worldwide Oil Price Drop to Curb Turkey's Gas Import Costs by 30%

Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd

China’s Crude Oil Imports From Top Supplier Russia Reach New High in 2024

Nigeria Inks Massive Oil Deal With Supermajors

Algeria and Spain in talks to increase gas supply

Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US

Vietnamese PM Holds Working Session with Zarubezhneft Officials During Russia Visit