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Iraq’s Oil Exports to the US Rose to 226,000 bpd

The US Energy Information Administration (EIA) announced, on Sunday, that Iraq’s oil exports to the United States rose last week to 226,000 bpd last week. The EIA mentioned that the average US imports of crude oil during the past week from nine major countries reached 5.642 million bpd, increasing by …

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Shell Earned $2.4 Billion from LNG Trading in Q4

Shell earned $2.4 billion from LNG trading in the fourth quarter amid strong demand for the fuel ahead of the winter, with LNG trades contributing to almost a third of its Q4 adjusted earnings, Reuters reported on Friday, quoting sources close to the UK-based supermajor. The LNG trading profit for …

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Red Sea Chaos to have Limited Effect on LNG Prices

Europe and Asia are set to finish the winter without significant disruptions to liquefied natural gas (LNG) supply and without price spikes, despite the ongoing chaos in global commodity shipping due to the Houthi attacks on commercial vessels in the Red Sea. Weaker demand than historical averages and higher gas …

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Kazakhstan’s Astana to Host Discussion on Central Asia, Caspian Regions’ Hydro-Economy Prospects

Prospects of ‘green’ hydrogen production in the countries of Central Asia and the Caspian region will be discussed in Kazakhstan’s Astana on September 17, Trend reports via Globuc International Company. “This is a unique business event dedicated to considering the prospects of ‘hydrogen economy’ in the region. It will be …

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