The OPEC+ group could influence…
Tata Steel workers in Port…
Central Banks are reluctant to…
The US$20-billion Danish fund MP Pension said on Tuesday it is excluding the world’s largest oil companies from its portfolio, looking to secure long-term returns for investors and to…
PetroChina and Sinopec’s daily crude consumption grew further in August 2019, because of more unit restarts, JLC data shows. This increase comes after a modest 1.25% month-on-month
Iranian oil tanker Adrian Darya 1, which the U.S. blacklisted this weekend, went dark on Monday while in the Mediterranean offshore Syria, ship-tracking data shows, suggesting that the tanker may…
A trade deal between Iran and the Eurasian Economic Union will take effect on October 26, Russia’s Energy Minister Alexander Novak said during a meeting with Iran’s Energy Minister, Reza…
Libya’s National Oil Corporation reported $2.1 billion in income in July from its sales of crude oil and corresponding taxes, NOC said in a press release. The figure represents a…
Just a few short days after Saudi Arabia’s Energy Minister lost half of his purview, Saudi Energy Minister Khalid Al Falih has lost his role as chairman of the board…
The U.S. sanctions on the Iranian oil industry have cut a lot of the crude oil exports of the Islamic Republic, but oil product exports—also under U.S. sanctions—have held pace…
France has proposed to extend to Iran a credit line of US$15 billion for oil “pre-purchases” in exchange for full compliance with the nuclear deal, parts of which Iran has…
India’s government plans to sell its entire more than 50-percent stake in one of the largest local refiners, Bharat Petroleum Corporation (BPCL), most likely to state-controlled Indian Oil Corporation, Indian…
The United States will work with Poland and Ukraine to reduce their dependence on Russian gas, media reported after a meeting between U.S. Energy Secretary Rick Perry and Polish and…
China is looking to increase its natural gas production, especially shale gas output, to reduce its import dependence while demand continues to grow in the foreseeable future, a government research…
The notorious Adrian Darya 1, formerly Grace 1, tanker is near Syria, two tanker-tracking service providers have reported, although they differ on the proximity. According to TankerTrackers.com, the Adrian Darya…
Australia’s upstream oil and gas sector is set for a major mergers and acquisitions (M&A) shake-up, with US$32 billion worth of assets potentially changing ownership over the next few years,…
The Chinese economy has come under pressure from the U.S.-China trade war which has made tacking climate change more difficult for Beijing, a senior official said on Friday, noting…
The giant Johan Sverdrup oil field in Norway’s North Sea could start shipping oil in October, a month before the currently expected field production start-up in November, Reuters reported…
Some refineries along the Gulf Coast are keeping a close eye on Hurricane Dorian, which is currently moving towards the Florida coast, where it is expected to make landfall this…
China exported about 1.56million mt of gasoline in July 2019, a surge of about 559,900 mt or 56.1% from June, according to data from the country’s General Administration of Customs (GAC). The jump…
A much anticipated meeting between the presidents of China and the Philippines failed to end in an agreement regarding the South China Sea: a sensitive matter that has pitted China…
Gazprom admitted today that its gas exports to Europe will fall in 2019, Reuters reported on Thursday, meaning that its 200.8 billion cubic meters of gas it shipped…
China and the Philippines are set to join efforts to drill for oil and gas in the disputed South China Sea—a move that could be a short-term…