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Oil & Gas Trade
Russia Begins TurkStream Gas Flows to Greece, North Macedonia
Russia has started European gas deliveries through the new TurkStream pipeline to Turkey, Bulgaria’s Bulgartransgaz said on Sunday, as Moscow looks to reduce s…
Crude
Crude Oil Jumps as Markets Dip on Iran’s Missile Assault Against US
Oil prices jumped to their highest in months on Wednesday after Iran attacked American forces in Iraq in response to a U.S. strike that killed an Iranian genera…
LNG
Qatar Petroleum and Kuwait Petroleum Corporation Sign Agreement to Supply 3 Million Tons of LNG
Qatar Petroleum and Kuwait Petroleum Corporation (KPC) entered into a long term Sale and Purchase Agreement for the supply of up to 3 million tons per annum of …
The Six Paradoxes Slowing Down The Energy Transition
It is not just the fact that certain economies, such as Russia or Norway, are highly dependent on oil & gas revenues, it is also the choices and approaches that…
Oil Falls As Middle East Anxieties Ebb for Now
The front-month contract for Brent crude North Sea oil was last seen down USD 0.73 at USD 68.18/bbl – off Monday’s three-month high – while the WTI equivalen…
Oil & Gas Trade
Oil Buyers Fear Iraqi Supply Hit, in Spillover from Iran Crisis
Oil buyers in Asia are increasingly wary that Iraq’s entanglement in the worsening dispute between the U.S. and Iran could disrupt shipments from one of their …
LNG
Australia Officially the World’s Largest Exporter of LNG
Australia has officially become the world’s largest exporter of LNG on an annualised basis.
Somalian parliament approves new petroleum law - minister
The upper house of Somalia’s parliament on Monday approved a new petroleum law, which aims to provide a regulatory framework that will help to attract investme…
Geothermal And Biomass Have Great Potential in Indonesia's Energy Future
Geothermal and biomass could be key elements in efforts by Indonesia to curb the high current account deficit, which is caused by the large import of oil and ga…
Oil Price
Oil Surges After Trump Threatens Iraq Sanctions
Oil prices shot more than 2 per cent higher on Monday, with Brent rising above $70 a barrel, after US President Donald Trump issued a threat to impose sanctions…
Oil&Gas Drilling
New Zealand Oil Exploration Hinges on Great South Basin
OMV's drilling programme off the Otago coast this summer will probably determine whether there is any further exploration in New Zealand waters, a leading energ…
Market Analysis
Oil Industry Braces for more Mideast Turmoil After Soleimani Killing
The U.S. assassination of one of Iran’s most powerful generals has the oil industry bracing for something it has long feared and anticipated – direct military…
Oil & Gas Trade
Baltic Pipeline Opens to Ease Natural Gas Dependence on Russia
Stored natural gas has begun flowing to Finland from Latvia through the new Balticconnector pipeline in a bid to ease the region's dependence on Russian gas.
Iran Tension May Push up Fuel Prices, Spook Bid to Boost Economy
Global oil prices spiked 4 per cent on Friday as tensions flared up in the Middle East, setting off worries over an extended spell of market volatility hitting …
Market Analysis
Oil Infrastructure at Risk as Iran Looks to Avenge Soleimani's Death
Energy infrastructure around the Persian Gulf could be among the most tempting targets for Iran in seeking retaliation for the U.S. killing of Gen. Qassem Solei…
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