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Oil & Gas
US extends LNG Export Term to 2050
The Department of Energy is issuing a final policy statement that allows for US LNG exports to non-free trade agreement countries to be extended through the yea
Oil & Gas
Shell Swings to Loss on $16bn Impairment Charge but Pays Dividend
Royal Dutch Shell swung to a heavy net first-half loss, but paid a dividend as the Covid-19 crisis hammered oil and gas prices.
Oil & Gas
Total Takes US$7-Billion Hit on Exposure to Canada's Oil Sands
Total SE announced an US$8.1 billion writedown after the push to curb carbon emissions and the coronavirus pandemic challenged assumptions about the viability o
Oil & Gas
Jet Fuel Crisis Will Hurt Oil Demand For Years To Come
A full recovery in jet fuel demand will probably have to wait until 2023, Bank of America (BofA) said in a recent commodities research report cited by The Natio
Oil & Gas
In the First Half of 2020, Uzbekistan's Natural Gas Production Fell by 17.1%
The National Statistics Committee of Uzbekistan said on Monday that from January to June this year.
Oil & Gas
OnTurtle Makes Major Expansion With 88 Fuel Service Stations
OnTurtle, as part of its expansion plan developed together with its German supplier, BAYWA, has expanded its presence in Germany with 88 new fuel service statio
Energy Economy
Sinopec Unit Sells Gas Pipeline Asset to PipeChina
China's new oil and gas pipeline company PipeChina has made its first purchase of gas infrastructure assets.
Oil & Gas
Kuwait Heavy Oil Output to Hit 75,000 b/d by September
State-owned KPC's upstream arm KOC has been ramping up production from the South Ratqa heavy oil field and expects to reach its phase one plateau target of 60,0
Oil & Gas
Indonesia’s August Gasoline Imports Likely to Stay Low
Indonesia's gasoline imports are expected to remain low in August despite increasing driving activity in the southeast Asian country.
Oil & Gas
US Crude Floating Storage Shifts Toward Asia
Adds US crude export pricing context.
Oil & Gas
Saudi Oil Exports Down by Nearly $12 billion Year-on-year in May
The value of Saudi Arabia’s oil exports dropped by 65% year-on-year in May, or a fall of nearly $12 billion, official data showed on Thursday.
Oil & Gas
What’s Next For Oil And Gas?
Oil demand has been decimated by Covid-19, bottoming in April at 76 million barrels per day, down 25% from 102 million barrels per day in December 2019.
Video
Chevron CEO Michael Wirth on Why Noble Energy Deal is Good for Shareholders
Chevron will buy Noble Energy in a $5 billion stock-swap deal, valuing Noble at 7.6 percent above its Friday close.
Oil & Gas
Texas Oil Regulator Accuses Saudi Arabia and Russia of Dumping Crude on U.S. Markets
Urge the federal government to investigate and take appropriate action against Saudi Arabia and Russia for excessive crude dumping.
Oil & Gas
Russia Delivers First Arctic Oil To Key Ally China
Ensuring a leading position in the exploration and development of the Arctic's huge gas deposits has long been a key part of President Vladimir Putin’s overall
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Most views from Oil & Gas Trade
1
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
4
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