Oil & Gas Trade

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
Oil & Gas
Libya’s Oil Chief Denounces Port Blockades As Crude Output Plummets
Blockades of Libya’s export terminals risk cutting off virtually all of the OPEC member’s 1.2 million barrels per day in crude oil exports, warned the chairma
Oil & Gas
Libya Says Oil Output May Almost Fully Halt Within Days
Libya’s oil output could be days from coming to a complete halt as conflict in the OPEC nation puts the country’s most vital industry at risk, the nation’s t
Oil & Gas
Oil Falls Below $61, Heading for Weekly Loss on China Virus Concerns
Oil extended losses on Friday to trade below $61 a barrel, heading for a weekly decline as concern that the coronavirus in China may spread.
Oil & Gas
Crude Oil Jumps on Libya Export Blockage, Iraq Disruptions
Oil gained in Asian trading Monday following supply disruptions and political instability in key producers Libya and Iraq.
Oil & Gas
Eastern Med Nations Square Off in Blocs for Natural Gas Supply
Turmoil over energy issues in the Eastern Mediterranean is growing as countries form blocs to supply natural gas to the markets of Europe.
Oil & Gas
Guyana Officially Becomes Oil Exporter
The world’s newest oil frontier, Guyana, has officially shipped its very first batch of crude oil on Monday, according to TankerTrackers.com—a major oil-first
Oil & Gas
Pipeline Closure Risks Taking Nearly all Libya's Oil Offline
Two major oilfields in southwest Libya began shutting down on Sunday after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national outpu
Oil & Gas
Jordan Parliament Seeks Ban on Israel Gas Imports
Jordan’s parliament Sunday voted in favour of a law to ban gas imports from Israel, weeks after the Jewish state began pumping it to the kingdom in a $10 billi
Oil & Gas
A Crude Restructuring: How America's Shale Revolution Changes the Oil Market in the Middle East
In the first week of January 2020, US special forces executed a strike killing the leader of Iran’s foreign paramilitary arm, Qasem Soleimani, and raised the a

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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

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

Libya’s Oil Chief Denounces Port Blockades As Crude Output Plummets

Libya Says Oil Output May Almost Fully Halt Within Days

Oil Falls Below $61, Heading for Weekly Loss on China Virus Concerns

Crude Oil Jumps on Libya Export Blockage, Iraq Disruptions

Eastern Med Nations Square Off in Blocs for Natural Gas Supply

Guyana Officially Becomes Oil Exporter

Pipeline Closure Risks Taking Nearly all Libya's Oil Offline

Jordan Parliament Seeks Ban on Israel Gas Imports

A Crude Restructuring: How America's Shale Revolution Changes the Oil Market in the Middle East

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