Oil

LNG
The US and China To Be The World's Biggest LNG Exporters And Importers
The United States and China will become the world’s biggest liquefied natural gas (LNG) exporters and importers, respectively, in five years, according to proj…
Oil & Gas Trade
IEA Said “It Does Not Change the Fundamental Outlook of an Oversupplied Market”
The extension of the OPEC+ cuts through the first quarter of 2020 removes a major uncertainty, but the IEA said it “does not change the fundamental outlook of …
Oil & Gas Trade
The UK Drop into the Broader Tensions between The U.S. and Iran
The UK move against the tanker, whether directly instigated by the United States or not, immediately drew the UK into the broader tensions between the U.S. and …
Oil&Gas Drilling
EU Imposes Financial Sanctions on Turkey
EU will halt high-level dialogue with Turkey, suspend talks over aviation deal, cut 145.8 million euros in pre-accession financial funds allocated for 2020.
Crude
Chevron Spills Nearly 800,000 Gallons of Oil and Water into a California Canyon
Officials began to clean up a massive oil spill Friday that dumped nearly 800,000 gallons of oil and water into a California canyon, making it larger — if less…
Shale Gas
Shale Oil And The Illusion of US Energy Independence
U.S. crude oil and energy product exports surged to an all-time high in the third week of June, making the country a net exporter of oil and products for the th…
Oil & Gas Trade
Kuwait Joint Cooperation Protocol Signed to Protect Key OPEC Exporter’s Ports
Joint cooperation protocol signed to protect key OPEC exporter’s ports to ‘ensure full readiness for any potential emergency’.
Oil & Gas Trade
The Oil Market will Weigh Fresh Cues on Chinese Demand
Sour crude benchmark Dubai futures' discount to ICE Brent widened slightly in mid-morning trade in Asia Monday, while the market will weigh fresh cues on Chines…
Crude
Crude Oil Futures were Lower During Mid-Morning Trade in Asia
Crude oil futures were lower during mid-morning trade in Asia Monday as markets began to recover from Tropical Storm Barry, while a bearish outlook on oil funda…
LNG
Korea Gas Corp.'s LNG Sales in June Dropped 14%, Due to Weaker Demand for Power Generation
South Korean state-owned Korea Gas Corp.'s LNG sales in June dropped 14% from a year earlier, marking the biggest decline in 32 months, due to weaker demand for…
Oil&Gas Drilling
Brazil Just Got a Huge New Oil Field
Brazil is petitioning the United Nations to extend its territorial waters to include the new oil field, but opinions are divided as to whether the country needs…
Electric Vehicle Charging
Korean Three Large Oil Refiners Push Into EV Charging Market
Hyundai Oilbank, GS Caltex and SK Innovation -- are seeking new opportunities in electric vehicle charging infrastructure, amid slowing sales of diesel cars and…
Oil & Gas Trade
China's Sinopec Sets Up Fuel Oil Unit in Sri Lanka
China Petroleum and Chemical Corp, known as Sinopec Corp, said on Monday it has set up a fuel oil company in Sri Lanka as it looks to supply fuel to ships along…
Oil & Gas Trade
Iranian Tanker will be Released if Oil isn't Bound for Syria, UK Foreign Secretary Says
An Iranian oil tanker held by British forces near Gibraltar will be released if the United Kingdom is assured the oil will not be heading to Syria, London's top…
Oil&Gas Drilling
Chinese Oil Giants Fast-Track Investments to Boost Domestic Output
Will increasing capital spending by the Chinese companies be a winning bet and generate profitable returns, considering the soaring development costs in China’…

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Oil

The US and China To Be The World's Biggest LNG Exporters And Importers

IEA Said “It Does Not Change the Fundamental Outlook of an Oversupplied Market”

The UK Drop into the Broader Tensions between The U.S. and Iran

EU Imposes Financial Sanctions on Turkey

Chevron Spills Nearly 800,000 Gallons of Oil and Water into a California Canyon

Shale Oil And The Illusion of US Energy Independence

Kuwait Joint Cooperation Protocol Signed to Protect Key OPEC Exporter’s Ports

The Oil Market will Weigh Fresh Cues on Chinese Demand

Crude Oil Futures were Lower During Mid-Morning Trade in Asia

Korea Gas Corp.'s LNG Sales in June Dropped 14%, Due to Weaker Demand for Power Generation

Brazil Just Got a Huge New Oil Field

Korean Three Large Oil Refiners Push Into EV Charging Market

China's Sinopec Sets Up Fuel Oil Unit in Sri Lanka

Iranian Tanker will be Released if Oil isn't Bound for Syria, UK Foreign Secretary Says

Chinese Oil Giants Fast-Track Investments to Boost Domestic Output