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Oil & Gas Trade
The Parties Discussed Russian-Ukrainian Cooperation in the Gas Sector, Russian Energy Ministry Said
"The parties discussed Russian-Ukrainian cooperation in the gas sector — settlement of mutual claims for the implementation of contracts, the terms for the tra…
Oil & Gas Trade
Legendary Oil Trader Says the End of Demand Growth in Sight
Andy Hall, one of the most successful oil traders of his generation, is now predicting the biggest shift yet in the global market: the end of demand growth.
Oil & Gas Trade
U.S. to no Longer Waive Sanctions on Iranian Nuclear Site
The United States said on Monday it will no longer waive sanctions related to Iran’s Fordow nuclear plant after Tehran resumed uranium enrichment at the underg…
Oil & Gas Trade
Poland Will Not Extend 9bcm Gas Supply Deal with Russia
Polish gas firm PGNiG said on Friday it will terminate its long-term gas supply deal with Russia when it expires at the end of 2022 and will rely on LNG and Nor…
Oil & Gas Trade
BNP Paribas Analysis Says Demise of Big Oil Is Coming Within A Decade
According to a new analysis by BNP Paribas, the big oil industry is “now in relentless and irreversible decline,” mostly thanks to the dip in prices for batte…
Oil & Gas Trade
Global Oil Demand to Hit a Plateau Around 2030, IEA Predicts
Global oil demand will hit a plateau around 2030 as the use of more efficient cars and electric vehicles ends an expansion that dominated the past century, the …
Oil & Gas Trade
Oil Demand could Peak in 20 years, Says Saudi Aramco IPO Prospectus
A second scenario in the Saudi Aramco prospectus assumes a faster transition away from fossil fuels that leads to peak oil demand occurring in the late 2020s.
Oil & Gas Trade
China to Remain a Battle Ground for Saudi Aramco, Russian Crude Suppliers
China has been relying heavily on Saudi Arabia and Russia for its refinery feedstock requirements over the recent years, with both producers constantly switchin…
Oil & Gas Trade
Saudi Aramco's Record IPO to Launch November 17
Saudi Aramco will allow investors to start bidding for shares in the world’s most-profitable company from Nov. 17. It left potential buyers in the dark about t…
Oil & Gas Trade
Analysts Say : Germany to Become Key to EU Gas Transit
Germany will become key to Europe’s gas transit with the completion of the Nord Stream 2 pipeline, while also seeing some liquidity move from the Dutch TTF hub…
Oil & Gas Trade
Serbia and Russia Agree on Expanding Volumes of Underground Gas Storage Facilities
Serbia has reached an agreement with Russia on expanding the volume of underground gas storage facilities from 750 million to abour 2 billion cubic meters, Serb…
Oil & Gas Trade
Oil Prices Fall As EIA Reports Large Crude Build
Analysts expected a build of 729,000 barrels for last week after a 1.7-million-barrel draw interrupted a string of five weekly inventory builds, which added mor…
Oil & Gas Trade
South Korea's LNG Imports to Fall on New Nuclear, Coal Plants
South Korea’s imports of liquefied natural gas are set to fall over the next five years after reaching record volumes in 2018, squeezed by the start-up of new …
Oil & Gas Trade
Denmark Snubs Trump with Approval of Russian Gas Pipe to Europe
In a major boost for Russia's effort to tighten its grip over natural gas supplies to western Europe, Denmark said it will allow the controversial Nord Stream 2…
Oil & Gas Trade
BP Eyes Brazil Gas Buildout, May Swap LNG Imports for Domestic Output
BP Plc wants to be part of an effort to build up natural gas infrastructure in Brazil, an executive said on Tuesday, and believes a power plant it is building i…
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