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Oil & Gas
U.S. Weighs Sanctions on Rosneft but is Wary of Oil Market Chaos
Officials at the Treasury Department worry that sanctions on Rosneft may drive up prices for oil, the people said.
Oil & Gas
US DoE Aims to Double Oil and Gas Production Rates
Fossil energy secretary puts his faith in technological development to boost output and CCUS to ultimately reduce emissions.
Oil & Gas
ExxonMobil Exports Second Crude Cargo from Guyana
Guyana’s second crude oil shipment left ExxonMobil’s Liza Destiny platform Wednesday and is heading to Panama.
Oil & Gas
Sinopec Provides Free Natural Gas for Makeshift Hospital in Wuhan
China Petrochemical Corporation (Sinopec), China's largest oil refiner, started to provide free natural gas Tuesday for Leishenshan hospital, one of the makeshi
Oil & Gas
US says Cyprus has Key Role in East Med Energy
Washington believes Cyprus has a key role to play in East Med energy supply but warned all sides not to create further instability in the region as tensions run
Oil & Gas
Petrobras Selling Offshore Field and Blocks in Brazil
Petrobras said on Monday that these transaction were in line with the portfolio optimization and the improvement of the company’s capital allocation, aiming at
Oil & Gas
Coronavirus could Push Global Oil Market into Surplus
Almaty. February 4. KazTAG - The coronavirus outbreak could curb oil demand growth if it continues to spread, leading to an extended production surplus as produ
Oil & Gas
Oil Bankruptcies Are Reaching Worrying Levels
Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and gas producers, oilfield services a
Oil & Gas
OPEC+ Considers 500,000 Bpd Cut In Emergency Meeting
The OPEC+ group of producers are said to be considering deepening the cuts by another 500,000 bpd, due to depressed oil demand amid the virus outbreak, OPEC and
Oil & Gas
PNG Government Walks Away from Gas Talks with Exxon
According to Reuters, the government of Papua New Guinea (PNG) has ended talks with Exxon Mobil Corp. regarding a key gas project, putting plans to double gas e
Oil & Gas
OPEC and Ally Russia to Discuss Oil Price Fall After Coronavirus Epidemic
OPEC members and their ally Russia will convene a technical meeting this week to analyze oil price falls since the outbreak of a coronavirus epidemic, a source
Oil & Gas
China’s Oil Demand Drops 20%
Chinese oil demand has dropped by about three million barrels a day, or 20 per cent of total consumption, as the coronavirus squeezes the economy.
Oil & Gas
Kuwait and Saudi Arabia Start Work to Resume Oil Output from Khafji – Sources
Kuwait and Saudi Arabia have started preparation work to resume crude oil production from the al-Khafji oilfield jointly operated by the two countries, with ini
Oil & Gas
South Sudan Welcomes Russian Firms To Its Oil, Gas Sector
South Sudan believes that Russian companies can help it to develop its oil, natural gas, and refining industries, the foreign minister of the small African oil
Oil & Gas
U.S. Lifts Iran Sanctions on One Unit of Chinese Shipping Giant COSCO
The U.S. Treasury said, partially reversing its punishment on the company for transporting Iranian oil after China complained about the measure in trade talks w

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

Oil & Gas Trade

U.S. Weighs Sanctions on Rosneft but is Wary of Oil Market Chaos

US DoE Aims to Double Oil and Gas Production Rates

ExxonMobil Exports Second Crude Cargo from Guyana

Sinopec Provides Free Natural Gas for Makeshift Hospital in Wuhan

US says Cyprus has Key Role in East Med Energy

Petrobras Selling Offshore Field and Blocks in Brazil

Coronavirus could Push Global Oil Market into Surplus

Oil Bankruptcies Are Reaching Worrying Levels

OPEC+ Considers 500,000 Bpd Cut In Emergency Meeting

PNG Government Walks Away from Gas Talks with Exxon

OPEC and Ally Russia to Discuss Oil Price Fall After Coronavirus Epidemic

China’s Oil Demand Drops 20%

Kuwait and Saudi Arabia Start Work to Resume Oil Output from Khafji – Sources

South Sudan Welcomes Russian Firms To Its Oil, Gas Sector

U.S. Lifts Iran Sanctions on One Unit of Chinese Shipping Giant COSCO

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