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Oil & Gas Trade
The International Energy Agency is Closely Monitoring Developments in the Strait of Hormuz
The International Energy Agency is closely monitoring developments in the Strait of Hormuz, including the recent seizure of a UK-flagged oil tanker, and stands …
Crude
Oil Prices Edged Higher Amid Lingering Concerns About Possible Supply Disruptions
Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid…
Crude
China Trade War and the Growth of American Oil Supply will Keep Crude Prices in Check
China trade war and the growth of American oil supply will keep crude prices in check, not with standing Middle East tensions, according to the head of one of I…
Ghazanfar Group
The late Al-Hajj Abdul Ghafar Ghazanfar laid the foundation for the group. Many of the businesses that the group has opened or is currently running were all his…
Greenfields Petroleum Corporation
We focus on capturing previously discovered but undeveloped international oil and gas fields with proven hydrocarbon reserves, which require further delineation…
Oil & Gas Trade
Japan will Continue Importing Crude Oil from the Middle East
Japan will continue importing crude oil from the Middle East despite escalating tensions in the Strait of Hormuz, but will also make efforts to diversify supply…
Oil & Gas Trade
U.S. Sanctions Chinese State Energy Company Zhuhai Zhenrong Co. Ltd. for Buying Oil From Iran
In an address at an event in Florida on Monday, U.S. Secretary of State Mike Pompeo said that the United States has blacklisted Chinese state energy company Zhu…
BP Announces "Major Expansion" into Renewables with New Bioenergy Firm
Oil giant BP has announced its “major expansion” into the renewable energy marketplace with a new partnership in the biopower sector.The firm has formed a 50/…
Oil&Gas Drilling
NOC Declared on Saturday Force Majeure on Sharara Crude Shipments
A field engineer said Libya’s Sharara field resumed production on Monday after it closed on Friday due to valve closure.
Oil & Gas Trade
Britain has Called Iran's Capture of the Stena Impero is a "hostile act"
Iran's ambassador to Britain warned against escalating tensions on Sunday as a UK official declined to rule out sanctions in response to Tehran's seizure of a B…
Nuclear Power Plant
AEOI Chief: Nuclear Power Plants can Help Reduce Iran’s Dependence on Oil
Head of the Atomic Energy Agency of Iran (AEOI) Ali Akbar Salehi underlined the need for the country to shift to new energy resources, and said that nuclear pow…
Crude
Crude Oil Futures Rising as Geopolitical Tensions Intensified
Buoyed by renewed supply concerns on mounting geopolitical tensions in the Middle East, after Iran seized a UK chemical tanker and briefly detained a UK-owned V…
Oil & Gas Trade
Millions of Barrels of Iranian Oil Are Piled Up in China’s Ports
Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s…
Crude
China Imported 5 Million Tonnes of Crude Oil From Myanmar
China imported 5 million tonnes of crude oil via the China-Myanmar oil and gas pipeline in the first half (H1), up 2.7 percent year on year, hellenicshippingnew…
Oil & Gas Trade
Iran Says Tanker Incidents Have Not Impacted Its Oil Exports
Britain has called Iran's capture of the Stena Impero in the Gulf on Friday a "hostile act" and rejected Tehran's explanation that it seized the vessel because …

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