A rebound in crude prices helped the world’s energy supermajors generate higher profits in the second quarter.
Read More »Oil Exploration Falls amid U.S.-China Trade War
Oil output in the U.S. fell by 100.000 barrels a day to 10.9 million last week. according to the Energy Information Administration.
Read More »China`s 25% Tariffs. Risk for U.S. LNG Exports
China accounted for 13% of the exports from Cheniere’s Sabine Pass terminal in Louisiana as of mid-June.
Read More »US to Impose Devastating Set of Sanctions on Russia
The sanctions proposed against Russia’s energy sector could cause more damage. but the details remain unclear.
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 »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 »Poland Buys more LNG. Reduces Reliance on Russian Gas
PGNiG has to buy certain amounts of gas annually from Russia under a long-term deal with Russia’s Gazprom.
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 »U.S. Crude Production Isn`t Growing Quite as Fast as Predicted
U.S. oil production may not be growing quite as fast as everyone thinks.
Read More »US to Help India Unleash Its Own Natural Gas Reserves
The recently established US-India Gas Task Force is designed to help India unleash its own natural gas potential.
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