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Oil & Gas Trade
China's Oil Consumption Seen Peaking Around 2026, Sinopec Exec Says
Natural gas will become China's top fossil fuel resource around 2050
Oil & Gas Trade
Sudan Expects to Reach Oil Products Deal with Saudi Aramco
A delegation of Saudi officials and businesses is in Sudan for two days of talks on potential investments in sectors including agriculture, energy, mining and t…
Nigeria
Nigeria Struggles to Find Buyers for October Oil Exports
Nigeria has sent a signal that the recovery in global oil demand still has some way to go, with volumes for next month’s loading struggling to find a home, eve…
Oil & Gas Trade
China’s Oil Imports Rebounded In August
China’s crude oil imports averaged 10.25 million bpd daily last month, more than 5 percent higher than in July, energy analytics provider OilX has reported.
Oil & Gas Trade
Syria Says It Welcomes Lebanon's Request to Import Energy
Syria said on Saturday that it welcomed Lebanon’s request to import Egyptian gas for energy generation via its territory after Lebanese ministers made the high…
LNG
China’s Zhenhua Oil Seeks Tie-up with Local Firm for First Gas Terminal
China’s Zhenhua Oil is in advanced discussions to join a provincial government-backed firm to build a natural gas receiving terminal in east China, the first i…
LNG
Petronet Looks to Make Foray into Petrochemical Business, Plans LNG Terminal in Odisha
Petronet, which owns and operates to terminals at Dahej and Kochi in Kerala for import of super-cooled gas in ships, is also looking at setting up a floating te…
Oil & Gas Trade
India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project
A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company…
Oil & Gas Trade
Abu Dhabi’s Taqa Looks to Sell UK, Dutch Oil and Gas Assets
Abu Dhabi National Energy Co. has begun a process to sell its oil and gas assets in the Netherlands and the UK, according to documents seen by Bloomberg.
Oil & Gas Trade
CNOOC Invites Foreign Firms to Bid for 19 Blocks of Offshore Oil and Gas
CNOOC had inked 228 contracts with 81 oil companies from 21 countries and regions by July, it said.
LNG
Kuwait Raises Its Liquefied Gas Shipments to 8 Ships a Month
The sources said the gas import facilities, which were inaugurated last July, have succeeded in receiving about 25 gas shipments so far, saying each ship carrie…
Oil & Gas Trade
Excelerate Energy Authorized to Import LNG in Brazil
Brazilian oil and gas regulator ANP today authorized US LNG company Excelerate Energy to import LNG to the country via its Brazilian unit.
Oil & Gas Trade
Uganda Suspends NGOs Opposing Oil Projects
Uganda says the suspended organizations have been meddling with local politics.
Oil & Gas Trade
Illicit Oil Exports Cost Iran Billions In Lost Revenues
The actual amount of oil that it sold in this period should have brought $6 billion to the government. In fact, it earned only 10 percent of the real value of t…
Crude Oil
Saudi Arabia’s Crude Oil Exports Dropped in H1 by 20%
Saudi Arabia could not ship more crude oil in the first half as it voluntarily restrained output under OPEC+ production-cut agreement; however, high oil prices …
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