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Oil & Gas
Iran Says U.S. Fails to Halt Iran's Oil Industry Development
Iranian Petroleum Minister Bijan Namdar Zanganeh said the United States has failed to exert pressures on Iran through sanctions against the country's oil indust
Oil & Gas
U.S. Oil Major Chevron Says Hopeful About Maintaining Venezuela Presence
U.S. oil major Chevron Corp said late on Friday it is optimistic about maintaining a presence in Venezuela even amid U.S. sanctions on the country and state oi
Oil & Gas
South Korean LNG Imports Hit 2-year Low in September
South Korean LNG imports fell to their lowest monthly level since 2017 in September, tumbling 25% year on year, latest customs data showed.
Oil & Gas
Russia: OPEC+ Deal Will Not Be Revised
OPEC and its Russia-led non-OPEC partners in the production cut pact are currently not discussing changing the terms of their agreement, Russian Energy Minister
Oil & Gas
Russia & Saudi Arabia Seal Major Deals & Sign OPEC+ Long-Term Cooperation Charter
Agreements include the charter for long-term cooperation between the Organization of the Petroleum Exporting Countries (OPEC) and non-cartel oil producers. Alon
Oil & Gas
Iran Works to Reroute Oil Exports Away from Strait of Hormuz
The oil terminal project would allow Iranian tankers to bypass the Strait of Hormuz and load their oil cargoes at the Jask port terminal, east of the strait.
Oil & Gas
Iran Accuses Saudi Arabia of Attack on Oil Tanker in Red Sea
Iran said missiles that struck one of its oil tankers in the Red Sea probably came from Saudi Arabia, marking the latest escalation in a tit-for-tat conflict be
Oil & Gas
EU New Climate Goals Mean Tougher Rules for The Gas Industry
Incoming commission president Ursula von der Leyen is expected to make a legally binding European goal to become carbon neutral by mid-century the centre piece
Oil & Gas
"Huge Fears" About Demand — Not Middle East Tensions — Are Weighing on Oil Markets
Global trade tensions and their potential impact on crude demand are more significant for oil markets than recent attacks on energy infrastructure in the Middle
Oil & Gas
European Gas Market May Be Unable to Absorb The Ongoing Surplus of LNG
European gas prices are set to remain “weak” this winter with the market unable to absorb the ongoing surplus of LNG, which has led to an unprecedented number
Oil & Gas
Exxon Mobil Bars Use of Oil Tankers Linked to Venezuela -Sources
Exxon Mobil Corp this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the matter, put
Oil & Gas
British Tanker Docks in Dubai After Detention by Iran
A British-flagged tanker that was detained by Iran for 10 weeks, docked in Dubai on Saturday, after a standoff that has stoked tensions along a vital global shi
Oil & Gas
Canada's Heavy Oil Exports To Asia From US Surge
Shipments of Canadian crude from the U.S. Gulf Coast since May have more than doubled all of 2018's exports as Asian refiners scramble for heavy sour oil, accor
Oil & Gas
Turkey will Continue Oil, Natural Gas Trade with Iran
Turkish President Tayyip Erdogan said on Friday it was impossible for Turkey to stop buying oil and natural gas from Iran, despite the threat of U.S. sanctions,
Oil & Gas
Curbs on Iran and Inflating US Oil Exports
The most hawkish of Trump’s aide and staunch advocate of pre-emptive strikes on Iran, former national security adviser John Bolton, was ousted from the White H
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Iran Plans to Raise Oil Output to 4 Million Barrels per Day, Tasnim Reports
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OPEC+ Extends Deep Oil Production Cuts Into 2025
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Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production
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Brazil's Petrobras First Quarter Oil Production Rises by 4.4%