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GLOBAL LNG-Asian prices slip but traders expect demand to pick up for winter


Asian spot prices for liquefied natural gas (LNG) slipped this week tracking a fall in European gas prices though traders

Oil Prices Cool As Tensions In The Persian Gulf Heat Up


A dangerous escalation is unfolding in the Strait of Hormuz, with Iran and the United States exchanging fire and taking

Libya Oil Output at Lowest in Five Months as Some Exports Halted


Libyan oil production dropped to about 1 million barrels a day, its lowest in about five months, after an unidentified

About 40% Of Resources Planned To Be Sanctioned In 2019 Have Been Given The Green Light


Sanctioning volumes year-to-date have reached 40% of resources planned to be sanctioned in 2019, driven by the $18 billion worth of awards surrounding the Berri and Marjan expansion projects in Saudi Arabia. Elsewhere, large projects such as the Area 1

Brazil’s Petrobras confirms Trident’s winning $1 billion bid for oil fields


Brazil’s state-controlled oil company Petróleo Brasileiro SA confirmed on Friday that Trident Energy presented the highest bid to acquire the

Top two oil and gas companies report output growth


The nation’s two major oil and gas companies reported growth in oil and natural gas production during the first half

Iran’s refining capacity grows nearly 40% since March 2017


Head of National Iranian Oil Refining and Distribution Company (NIORDC) said Iran’s crude oil and gas condensate refining capacity has

China-Myanmar oil pipeline carries 5 mln tonnes crude in H1


China imported 5 million tonnes of crude oil via the China-Myanmar oil and gas pipeline in the first half (H1),

Turkey advances gas drilling in east Mediterranean to get upper hand in gas rivalry


Turkey has been advancing its presence in the eastern Mediterranean for drilling activities of oil and natural gas as Egypt,

Gulf tensions keep crude prices contained


This entire week, geopolitics continued to dominate the crude world and its dynamics. Yet, despite all the drama, oil prices

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