The world’s biggest oil producer is finally moving to grab a piece of the booming natural gas market, the latest proof that the industry expects the fuel to play a significant part in the energy […]
When western nations rolled out a grand plan to throttle Russian oil imports and impose sanctions on Kremlin energy exports, we – and many others – laughed: after all, we have repeatedly seen how toothless […]
The Chinese government has told the country’s major oil refiners not to expect any more fuel export quotas this year, according to people with knowledge of the matter. The state-owned processors and fuel suppliers understand […]
(Bloomberg) — Saudi Aramco agreed to buy a stake in MidOcean Energy for $500 million, its first investment in liquefied natural gas as the company seeks to diversify beyond its core oil business. Aramco is […]
Moscow is proposing a number of additional measures to resolve the crisis on the domestic oil products market on top of the gasoline and diesel export ban introduced last week. Russian Deputy Prime Minister Alexander Novak, at […]
LNG inventory held by Japan’s major power utilities stood at 1.56 million mt Sept. 24, down 1.9% from 1.59 million mt a week ago, data released by the Ministry of Economy, Trade and Industry showed […]
NewsEnergy Israel’s energy minister and the chief executive of UAE’s renewable energy firm Masdar have met to advance a water-for-energy deal with Jordan, according to the Israeli energy ministry. The aim of the meeting on […]
Data source: Kpler tanker tracking data (accessed August 2023) Kuwait’s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in our recently updated Country Analysis […]
Russia has temporarily banned the export of gasoline and diesel to all countries outside a group of four ex-Soviet states, aiming to stabilize its domestic fuel market, as supplies of diesel to the military surge. […]
Russia stunned global oil markets Thursday by announcing a temporary ban on exports of gasoline and diesel starting Sep. 21, in a bid by Moscow to stabilize volatile prices and supplies on the domestic market. […]
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