The first export cargoes of Libya’s Sharara crude since the lifting of force majeure will be lifted this weekend, according to trading sources and shipping reports. The Aframax vessel Balla Continue Reading
India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day (bpd), as it negotiates with Washington about extending a sanctions waiver past early Continue Reading
Mr Mohammed Sidi, Director, Weights and Measures Department, Federal Ministry of Industry, Trade and Investment, has disclosed that oil dealers have been cheating Nigerians of N198,500 per truck sold. Sidi Continue Reading
Nicolas Maduro’s staunchest international ally—Russia—reaffirmed last week its full support to the Socialist leader’s regime and his efforts to prevent what Moscow sees as interference in Venezuela’s domestic affairs. At Continue Reading
Plans by the German operator of a portion of the Venezuelan state oil company’s tanker fleet to return 10 vessels because of unpaid fees caused the maritime unit of the Continue Reading
Vietnam can’t seem to get a break. The country lies just beneath China, its giant neighbor to the north, and shares many of the same socialist ideals that Beijing promulgates. Continue Reading
China’s state energy giant CNPC plans to increase its oil and gas exploration budget five times this year as the country’s dependence on foreign-sourced energy commodities deepens to nearly 70 Continue Reading
China’s economy is around 12 percent smaller than official figures indicate, and its real growth has been overstated by around 2 percentage points annually in recent years, according to new Continue Reading
The U.S. and China are closing in on a trade deal, and the result could be a lot more U.S. LNG heading east. Reports suggest that Trump is eager to Continue Reading
US-based LNG exporter Cheniere Energy is in talks with China’s state-run Sinopec about a long-term LNG supply agreement, with the parties awaiting further instructions from government authorities, a source with Continue Reading
