International

Crude Oil , Trade , International

OPEC ‘Cautiously Optimistic’ Oil Market Will Recover in 2021

Oil prices have rallied to an 11-month high this month, helped by a Jan. 5 decision by most members of OPEC+ to hold production steady in February and a pledge by Saudi Arabia to voluntarily cut output.

January 19, 2021

Crude Oil , Trade , International

IEA Cuts Oil Demand Outlook Due to COVID-19 Resurgence

The emergence of new strains of the virus, renewed lockdowns in China and logistical hurdles facing vaccine roll-outs contributed to the gloomier oil demand outlook by the IEA.

January 19, 2021

International , Infrastructure , Construction , Pipelines

Report: Nord Stream 2 to Resume Work in Danish Waters

US has threatened sanctions on companies involved in the project.

January 14, 2021

Public Capital , International

S&P Dow Jones to Remove Chinese Oil Giant CNOOC Due to US Sanctions

The Trump administration had added China's oil giant CNOOC to a blacklist of alleged Chinese military companies in early December.

January 14, 2021

International , Infrastructure , Construction , Pipelines

US: European Companies Face Sanctions Risk on Nord Stream 2

State Department report is expected to be issued later this week.

January 13, 2021

Crude Oil , Trade , International , Storage

Oil Prices Rally Further after US Inventory Drop

Both crude oil benchmarks are trading at the highest since February 2020, before the coronavirus outbreak in China began spreading across the world and billions of people went into lockdown.

January 13, 2021

Exploration & Production , International

Turkey, Greece to Resume Suspended Talks over Disputed Waters

Turkey and Greece are at odds over the extent of their continental shelves in the Mediterranean, energy rights in the region, air space and the status of some islands in the Aegean Sea.

January 12, 2021

Liquefied Natural Gas (LNG) , Trade , International , Midstream

Taiwan Starts Receiving LNG Cargoes from Cheniere Energy

The U.S. has become a major LNG exporter, mostly due to the ramp up of Cheniere's Sabine Pass terminal in Louisiana.

January 11, 2021

International

UAE to Reopen All Entry Points With Qatar Following Gulf Dispute Thaw

Saudi Arabia announces a breakthrough in talks.

January 8, 2021

Markets , Trade , International

Latest Global Lockdowns Delay Fuel Demand Recovery

Tough restrictions on socializing and businesses continued in California, the most populous U.S. state with about 40 million, and one of the largest driving markets in the world.

January 8, 2021