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Oil & Gas Trade
EU New Climate Goals Mean Tougher Rules for The Gas Industry
Incoming commission president Ursula von der Leyen is expected to make a legally binding European goal to become carbon neutral by mid-century the centre piece …
Oil & Gas Trade
"Huge Fears" About Demand — Not Middle East Tensions — Are Weighing on Oil Markets
Global trade tensions and their potential impact on crude demand are more significant for oil markets than recent attacks on energy infrastructure in the Middle…
LNG
European Gas Market May Be Unable to Absorb The Ongoing Surplus of LNG
European gas prices are set to remain “weak” this winter with the market unable to absorb the ongoing surplus of LNG, which has led to an unprecedented number…
Oil & Gas Trade
Exxon Mobil Bars Use of Oil Tankers Linked to Venezuela -Sources
Exxon Mobil Corp this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the matter, put…
Oil & Gas Trade
British Tanker Docks in Dubai After Detention by Iran
A British-flagged tanker that was detained by Iran for 10 weeks, docked in Dubai on Saturday, after a standoff that has stoked tensions along a vital global shi…
Oil & Gas Trade
Canada's Heavy Oil Exports To Asia From US Surge
Shipments of Canadian crude from the U.S. Gulf Coast since May have more than doubled all of 2018's exports as Asian refiners scramble for heavy sour oil, accor…
Oil & Gas Trade
Turkey will Continue Oil, Natural Gas Trade with Iran
Turkish President Tayyip Erdogan said on Friday it was impossible for Turkey to stop buying oil and natural gas from Iran, despite the threat of U.S. sanctions,…
Oil & Gas Trade
Curbs on Iran and Inflating US Oil Exports
The most hawkish of Trump’s aide and staunch advocate of pre-emptive strikes on Iran, former national security adviser John Bolton, was ousted from the White H…
Oil & Gas Trade
Sinopec to Start Producing Low-Sulphur Bunker Fuel at Qilu by End-Oct
Sinopec Corp expects to start operations at the marine fuel oil blending facilities at its Qilu refinery in eastern China’s Shandong province by the end of Oct…
Oil & Gas Trade
Trump’s Disdain for Alliances Backfires
A strange thing happened when the Trump administration tried to recruit an international coalition of naval forces to protect oil tankers in the Persian Gulf th…
Oil & Gas Trade
US Slaps Sanctions On Iranian Central Bank—What’s Next?
The United States on Friday has taken the first step in its response to the attacks on Saudi oil infrastructure by imposing more sanctions on Iran, but the resp…
Oil & Gas Trade
Shell, Exxon Close Deal To Build Five LNG Import Terminals
Shell and Exxon are among the companies picked by the Pakistani government to build five LNG import terminals as part of efforts to boost natural gas imports to…
Oil & Gas Trade
It's Time For Traders To Take Advantage Of High Oil Prices
Citigroup is advising traders to sell their positions on oil and use the proceeds to hedge against a decline in equity markets, Bloomberg reports, citing a note…
Oil & Gas Trade
China's Quest Is Changing the Global LNG Market on Trade, Investment And Prices
The major transformations that are occurring on the Chinese gas market have profound repercussions on the global gas and LNG markets, especially on trade, inves…
Oil & Gas Trade
What the Attacks on Saudi Aramco’s Main Oil Plant Mean for Its Massive IPO
Smoke billows from an Aramco oil facility in Abqaiq about 37 miles southwest of Dhahran in Saudi Arabia's eastern province on September 14, 2019, after drone at…
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