Shell announced that the first shipment of liquefied natural gas has sailed from the company’s Prelude floating liquefied natural gas (FLNG) facility.
Read More »Iran Pledges to Sustain Oil Exports Despite Trump`s Threat
Iran also plans to introduce its new heavy crude grade from the West Karoun oil field as soon as six months from now.
Read More »Baker Hughes Rig Count Falls for Second Time in Three Weeks
The U.S. rig count is up 490 rigs from this time last year when it stood at 464. according to Baker Hughes.
Read More »Oil Traders Await U.S. Reaction to Venezuelan Vote
The U.S. buys about a third of Venezuela’s crude production and is the main buyer that pays in cash.
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