Oil

Oil Price
Oil Prices Advance on Growing Fuel Demand, Even As U.S. Coronavirus Cases Jump
Extending gains on optimism about a recovery in fuel demand worldwide, despite a surge in coronavirus infections in some U.S. states and signs of a revival in U…
Oil & Gas Trade
Saudi Oil Exports Down by $12 Billion Year on Year in April
The value of Saudi Arabia's oil exports dropped by 65.4 per cent in April when compared to the same month a year earlier, or a fall of about $12 billion.
Crude Oil
Equatorial Guinea Adopts New Petroleum Regulation
Equatorial Guinea’s Ministry of Mines and Hydrocarbons has announced the adoption of the new Regulation of Petroleum Operations Regulation.
Crude Oil
Suriname Awaits New President, New Oil Policy
Suriname's president Desi Bouterse has conceded defeat in the emerging oil producer's 25 May parliamentary elections, two days after the country's electoral cou…
LNG
Can China's Insatiable Appetite For Gas Save The LNG Industry?
China is now taking advantage of a buyer’s market to snap up as many cargoes of LNG as it can.
Oil Pipeline
UAE Oil Major Signs A $20 Billion Gas Deal
UAE’s ADNOC today announced a $20.7-billion deal with six international companies for the acquisition of a minority stake in Adnoc Gas Pipeline Assets.
Oil Price
Pandemic, Low Oil Prices Cause Massive Drop in North Dakota State Revenue
Incoming oil and gas tax revenues for April, the latest month of data, were just $38 million — 81% below the Legislature's forecast.
Oil Price
Oil Rally Held Back By High Inventories, Coronavirus Fears
U.S. benchmark West Texas Intermediate is over $40 a barrel, a price level it has struggled to surpass in the past.
Oil Price
Oil Prices Will Hit $50 Before The End Of The Year
Despite fears of a second wave of COVID-19, oil markets rebounded last week, showing signs of improving fundamentals as global supplies continue to tighten.
Oil&Gas Drilling
Sonatrach Prepares to Resume Exploration in Libya
Algerian and Libyan oil sector officials are currently holding talks to relaunch exploration by Sonatrach on Libyan soil.
LNG
China's CNOOC Buys two Carbon-Neutral LNG Cargoes from Shell
China National Offshore Oil Corp, or CNOOC, has agreed to buy from Royal Dutch Shell two cargoes of liquefied natural gas with offset carbon emissions.
Oil Price
The Oil Countries Suffering Most from the Oil Price Crash
The world's largest oil trader has seen its first-quarter net profit fall by 70%.
Oil & Gas Trade
OPEC's Roadmap to Stabilization
What is OPEC's roadmap for moving towards stabilization?
Oil Price
Oil Edges Up on Tighter Supply, but Demand Concerns Check Gains
Oil prices nudged higher on Monday on tighter supplies from major producers, but concerns that a record rise in global coronavirus cases could curb a recovery i…
Crude Oil
Iran, Iraq Discuss Oil Cooperation
Iranian Oil Minister Bijan Namdar Zangeneh and his Iraqi counterpart Ihsan Abdul Jabbar discussed ways to promote cooperation between the two neighbors in the o…

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Oil

Oil Prices Advance on Growing Fuel Demand, Even As U.S. Coronavirus Cases Jump

Saudi Oil Exports Down by $12 Billion Year on Year in April

Equatorial Guinea Adopts New Petroleum Regulation

Suriname Awaits New President, New Oil Policy

Can China's Insatiable Appetite For Gas Save The LNG Industry?

UAE Oil Major Signs A $20 Billion Gas Deal

Pandemic, Low Oil Prices Cause Massive Drop in North Dakota State Revenue

Oil Rally Held Back By High Inventories, Coronavirus Fears

Oil Prices Will Hit $50 Before The End Of The Year

Sonatrach Prepares to Resume Exploration in Libya

China's CNOOC Buys two Carbon-Neutral LNG Cargoes from Shell

The Oil Countries Suffering Most from the Oil Price Crash

OPEC's Roadmap to Stabilization

Oil Edges Up on Tighter Supply, but Demand Concerns Check Gains

Iran, Iraq Discuss Oil Cooperation