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Oil & Gas
IMF Sees Oil Prices Averaging $50 In 2021
Oil prices are set to average $50 per barrel for 2021, rising by 20 percent from the average last year, but still well below the average for 2019
Oil & Gas
Iran Claims it is Ramping up Oil Production to Pre-Sanctions Levels
Iran's output fell following US sanctions in 2018 over its nuclear ambitions
Oil & Gas
Price Dispute Shrinks Russia Oil Pipeline Exports
Exports of Russian Urals oil via the Druzhba pipeline have dropped this month as sellers opt for the sea route instead, following disagreements over pricing wit
Oil & Gas
Uzbekistan to Open up Electric Power, LPG Markets Amid Shortages
Uzbekistan exports natural gas, mostly to China, but it has experienced shortages this winter, prompting cuts to export shipments and discontent among household
Oil & Gas
Algeria's Oil and Gas Exports and Output Down Around 10% in 2020
Overall energy output fell 10 per cent to 142 million tonnes of oil equivalent, hit by restrictions linked to the coronavirus pandemic, it said in a report.
Policy & Regulation
Iran: Foreign Oil Firms Must Accept New Terms To Work In Country
Foreign energy firms and contractors have to accept Iran’s new terms and conditions if they return to work in the country, Iran’s Oil Minister Bijan Zanganeh
Energy Economy
China Trade War on Itself Sends LNG Prices Mad
Strong consumer demand, lower-than-expected temperatures across northeast Asia and a severe shortage of prompt LNG supplies and spot tanker availability have co
Oil & Gas
Japan Imported 19 million Barrels of Crude Oil from the UAE in November
Japan imported 19 million barrels of crude oil from the UAE in November 2020, accounting for 27.5 percent of Japan's total crude oil imports that month.
Oil & Gas
Belarus Secures Russian Oil and Gas Supplies for 2021
The details of the bilateral deal, however, do not appear to reflect any sort of compromise by both sides.
Oil & Gas
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
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.
Oil & Gas
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
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
Oil & 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 & Gas
Azerbaijan Sends First Gas Export via TAP Pipeline
Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline.
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Most views from Oil & Gas Trade
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Development plan for Exxon's seventh project in Guyana expected in Q1 2025
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IEA Lowers Global Oil Demand Forecasts on Weak OECD Consumption
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Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production
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Totalenergies Says Oil Production to Hit High End of Q2 Guidance
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Devon Raises 2024 Projected Production
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Exxon, Chevron Top Q3 Profit Expectations As Us Oil Output Hits Record High
