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Oil & Gas Trade
Nigeria's Dangote Wants to Set up Trading Arm for Lagos Mega Refinery
Aliko Dangote, Founder and Chief Executive Officer of the Dangote Group, speaks during the commissioning of Dangote Petroleum refinery in Ibeju-Lekki, Lagos, Ni…
Oil & Gas Trade
Oil Falls 1% on Concerns Over China's Economic Growth Plan
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/file photo Purchase Lic…
Oil & Gas Trade
Democratic Republic of the Congo (DRC) Seeks to Unlock Estimated 5 Billion Barrels of Oil
With 180 million barrels of proven oil reserves – and up to 5 billion of estimated oil reserves – the Democratic Republic of the Congo (DRC) is emba…
Oil & Gas Trade
TC Energy to Sell Portland Natural Gas Transmission System for $1.14 Bln
The logo of energy transport firm TC Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Ch…
Oil & Gas Trade
US Considers Selling Northeast Gasoline Reserve in 2024 in Draft Bill
Oil tankers stand attached to mooring stations near a refinery in Bayonne, New Jersey August 24, 2011. REUTERS/Lucas Jackson/ File Photo Purchase Licensing Righ…
Oil & Gas Trade
Gurbanguly Berdimuhamedov Announces Possible Turkmen Gas Supplies to Europe
Officials from Turkmenistan and Turkey signed two preliminary agreements on Friday for the Central Asian country to supply gas to Turkey and onward to Europe, d…
Oil & Gas Supply
Russia Says to Deepen Oil Output Cuts While Easing Export Limits
Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tati…
Oil & Gas Trade
Iran to Reach 1.3 Bcm of Gas Output a Day in Five Years, Minister Says
Iran's gas output will reach 1.3 billion cubic metres (bcm) per day in five years, Iran's Oil Minister Javad Owji said on Sunday according to the semi-o…
LNG
US LNG Exports Fall in February on Outage and Fewer Calendar Days
A month-long closure at Freeport LNG plant in Texas and fewer days in the month pushed February U.S. liquefied natural gas exports 7% lower than in January, pre…
Oil Price
Indian Government Hikes Windfall Tax on Petroleum Crude
A man pours petrol into an underground tank at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing RightsTh…
Oil & Gas Trade
UAE's ADNOC Closes Acquisition of 24.9% Stake in Austria's OMV
Abu Dhabi National Oil Company (ADNOC) said on Thursday it has formally closed the acquisition of a 24.9% stake in Austrian oil and gas group OMV (OMVV.VI), ope…
Oil & Gas Trade
Trinidad and Tobago Extends Deadline for Shallow-Water Oil and Gas Auction
Trinidad and Tobago on Thursday extended by almost two months a deadline to submit bids for an auction of shallow-water oil and gas blocks, the government said.…
LNG
Global LNG Demand Seen Rising in 2024 From China, Europe
Model of LNG tanker is seen in front of China's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/Files Purchase Licensing Right…
Oil & Gas Trade
Pertamina to Intensify Exploration in Indonesia's East Amid Higher Oil, Gas Output Targets
Indonesia's state energy company Pertamina wants to intensify its exploration efforts in the country's eastern regions, a senior official said on Wednes…
Oil & Gas Trade
Russia's Novak Rules Out Diesel Export Ban
Deputy Prime Minister of Russia Alexander Novak walks at the Organisation of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria October 5,…
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