International
Crude Oil , Trade , International
Saudi Arabia Cuts Oil Prices for Asia, Sources Say
Top oil exporter Saudi Arabia has cut the June official selling prices (OSPs) of all crude grades it sells to Asia, sources say.
Trade , International , Tankers
Mexico Port Works on US-Sanctioned Cuban Tankers that Carry Venezuelan Oil
Work on the tankers could potentially violate sanctions on Venezuela, lawyers say.
International , Energy Transition , Technology
Germany, Russia Flag Hydrogen Cooperation
Natural gas imports from Russia will be a necessary bridge fuel, a top German official says.
Crude Oil , Trade , International
OPEC+ Sticks to Plan to Ease Oil Output Cuts Beginning in May
A market monitoring panel decided to stick to policies broadly agreed upon at a previous April 1 meeting of OPEC+, Russian Deputy Prime Minister Alexander Novak said after the talks.
Crude Oil , Trade , International
OPEC+ Worried by Surge in COVID-19 Cases, Sources Say
The OPEC+ joint technical committee raised its forecast for global oil demand growth in its most recent monthly oil market report while also expressing concern about rising COVID-19 cases in India and elsewhere.
International , Infrastructure , Health, Safety & Environment , Construction , Pipelines , System Integrity
Frustrated Canada Presses White House to Keep Line 5 Open
Canadians are pushing on several diplomatic fronts against Mich. Gov. Whitmer’s order to shut Enbridge’s Great Lakes oil pipeline.
Field Development , Liquefied Natural Gas (LNG) , International , Midstream
Total Declares Force Majeure on $20 Billion LNG Project in Mozambique
The violence in March has dealt a blow to plans by Total and rival Exxon Mobil, which also has an LNG project in Mozambique, to turn the country into a major LNG producer.
Crude Oil , Trade , International
Fire Extinguished on Oil Tanker Off Syria after Suspected Drone Attack
The identity of the vessel was unclear, with Iran’s al-Alam TV saying it was one of three Iranian oil tankers that had recently arrived at the Syrian oil terminal, while the semi-official news agency Tasnim denied it was Iranian.
Legislation , International
Mexican Congress Approves Changes to Energy Law, Fueling Risks for Private Companies
President López Obrador seeks to reverse liberalization of the energy market to benefit Pemex.
Legislation , International
OPEC Urges Members to Lobby Against US NOPEC Bill
House measure that would allow lawsuits against OPEC could put US interests at risk, Barkindo says.