The company had last month halted all its shipments through the route following an attack on two of its very large crude carriers.
Read More »UNIPEC Suspends U.S. Oil Imports amid Growing Trade Dispute
UNIPEC and Sinopec are Asia’s largest refiner and biggest buyer of U.S. oil.
Read More »SOCAR will Begin LNG Shipment to Pakistan in Coming Months
Pakistan is increasing LNG intake amid increasing demand for gas and decline in production.
Read More »Saudi Arabia would Resume Oil Exports through Red Sea Lane
Saudi Arabia halted temporarily oil shipments through the lane on July 26 after attacks on two big oil tankers.
Read More »Asian LNG Prices Climb Again
LNG spot prices for September deliveries in Asia have reached US$10.00 per million Btu.
Read More »China`s Tariffs on US Goods Threatens Trump`s Energy Export Agenda
The trade fight with China hangs over potential long-term progress for U.S. LNG exports.
Read More »India Plans to Establish LNG Import Terminal in Myanmar
India is working with Bangladesh in interconnecting gas grids and supplying diesel through pipelines.
Read More »OPEC Production Rise as Saudi Arabia Pumps more Oil
The Saudi policy appears to be helping cool prices in the way sought by President Trump.
Read More »China Refuse U.S. Ask to Cut Iran Oil Imports
The oil market has been speculating about how much of Iran’s exports could be eroded by the U.S. sanctions.
Read More »Saudi`s July Oil Output at Around 10.290 mln bpd
Saudi Arabia pumped 10.488 million bpd of crude oil in June. an increase of 458.000 bpd from the production figure it submitted for May.
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