Trade

Oil & Gas Trade
Gladstone December LNG Exports Hit Record High
LNG exports from the three liquefaction plants located on Curtis Island off Gladstone hit a new high in the last month of 2020.
Oil & Gas Trade
OPEC+ Allows Kazakhstan to Increase Oil Production in February and March
OPEC+ countries reached agreement on the terms of the deal for February and March.
Submarine Cable
Submarine Cable Helps Triple CGES’ Electricity Transit Revenues
The submarine power cable between Italy and Montenegro has helped the Balkan country increase revenues from electricity transit by threefold.
LNG Carrier
Global LNG Fleet Starts 2021 with Spate of Deliveries
Four new LNG carriers were delivered by South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering in the first four days of this year, following slow …
Oil & Gas Trade
Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years
Venezuela’s crude oil and refined product exports plummeted in 2020 to their lowest level in 77 years
Natural Gas
Gazprom Starts Delivering TurkStream Gas to Bosnia, Serbia
Russian energy giant Gazprom has begun delivering natural gas to Serbia and Bosnia and Herzegovina through the TurkStream pipeline and a new route crossing Turk…
Oil Pipeline
Azerbaijan Sends First Gas Export via TAP Pipeline
Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline.
Electricity Trade
Energoatom Accepts Need for Fixed Power Prices
Ukrainian nuclear power plant operator Energatom says it understands the urgent decision taken by the Cabinet of Ministers on 28 December to extend regulations …
Oil & Gas Trade
Egypt Signs 9 Exploration Deals Worth $1bn with Energy Companies
Awards cover exploration along the eastern and western Mediterranean as well as the Red Sea
Oil & Gas Trade
Iraq Confirms $2bn Oil Prepayment Agreement with Chinese Firm
The Chinese firm will pay for a full year's worth of crude prior to loading shipments
Oil & Gas Trade
New Year OPEC+ Meeting to Decide Oil Production Levels
The OPEC+ ministerial meeting comes after oil consumption tanked in 2020 due to the Covid-19 pandemic and a price war between Saudi Arabia and Russia.
Oil & Gas Trade
ExxonMobil and Vopak Sign MoU for South Africa’s LNG Feasibility
Affiliates of Exxon Mobil Corporation and Royal Vopak (Vopak) have signed a Memorandum of Understanding to work together on a feasibility study to assess the co…
Oil & Gas Trade
Iran To Buy Covid Vaccines With Income From Gas Exports To Iraq
Iran will use part of the proceeds from its electricity and natural gas exports to Iraq to buy COVID-19 vaccines from Europe.
South Korea
South Korea-U.K. FTA About to Take Effect
The Ministry of Trade, Industry and Energy announced on Dec. 30 that the South Korea-U.K. FTA would become effective at 8:00 a.m. Jan. 1.
Oil & Gas Trade
Angolan Crude Exports Confirmed Lower in February
The final version of Angola's February crude loading programme sets exports at 1.13mn b/d, down from 1.18mn b/d scheduled for January.

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Trade

Gladstone December LNG Exports Hit Record High

OPEC+ Allows Kazakhstan to Increase Oil Production in February and March

Submarine Cable Helps Triple CGES’ Electricity Transit Revenues

Global LNG Fleet Starts 2021 with Spate of Deliveries

Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years

Gazprom Starts Delivering TurkStream Gas to Bosnia, Serbia

Azerbaijan Sends First Gas Export via TAP Pipeline

Energoatom Accepts Need for Fixed Power Prices

Egypt Signs 9 Exploration Deals Worth $1bn with Energy Companies

Iraq Confirms $2bn Oil Prepayment Agreement with Chinese Firm

New Year OPEC+ Meeting to Decide Oil Production Levels

ExxonMobil and Vopak Sign MoU for South Africa’s LNG Feasibility

Iran To Buy Covid Vaccines With Income From Gas Exports To Iraq

South Korea-U.K. FTA About to Take Effect

Angolan Crude Exports Confirmed Lower in February