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Two Indian refiners declare force majeure to curb Mideast oil supply


Two Indian refiners declared force majeure on crude purchases from the Middle East on Friday after fuel demand plummeted due

India’s HPCL invokes force majeure on Iraqi oil – industry source


Indian refiner Hindustan Petroleum Corp Ltd has issued a force majeure notice to Iraq’s Oil Marketing Company (SOMO) to cancel

Russia’s Yamal LNG resumes loading operations in Norway


Yamal LNG, controlled by Russia’s largest liquefied natural gas (LNG) producer Novatek , is resuming ship-to-ship transfers in Norway, Novatek

China removes import quotas on some tax-free oil and gas drilling equipment


China said it is to remove import quotas on some tax-free onshore and offshore oil and gas drilling equipments used

Falling Latam fuel demand leaves U.S. refiners without favored export customers


Demand for refined products in Latin America is quickly drying up as the coronavirus pandemic worsens, leaving U.S. refiners without

IHS Markit: LNG Deliveries to Europe are Set to Reach an All-Time High in March as Global Surplus Continues to Flow to t


Total LNG deliveries to Europe are expected to reach nearly 11 million metric tons (MMt) -a 14% hike from the

Australia may need LNG imports from 2024 – market operator


Australia will need to import liquefied natural gas (LNG) by 2024 for its southern states to avoid shortfalls, unless more

LNG suppliers flood market with excess spot cargoes as demand crumbles


Liquefied natural gas (LNG) suppliers are flooding the market with excess spot cargoes, generating fresh headwinds for prices, as demand

Saudi struggles to find buyers for extra crude as demand dives -sources


Saudi Arabia is struggling to find customers for its extra oil as demand plummets due to the coronavirus and freight

India’s Reliance seeks to sell MidEast crude cargoes in rare move


India’s Reliance Industries Ltd is seeking to sell some April-loading crude cargoes in a rare move as it plans to

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