International
Crude Oil , Trade , International
Early Data Indicates Strong Month of US Crude Buying by China
Tentative U.S. crude cargo departures towards China currently sits at 840,000 bbl/d for the month, the second highest volume on record, according to data intelligence firm Kpler.
Markets , Trade , International
Iranian Fuel Seized by US to Reportedly Reach Texas Within Days
The U.S. announced in August that it had confiscated 1.1 million barrels of Iranian fuel bound for Venezuela, part of Washington's efforts to disrupt trade between Caracas and Tehran.
Exploration & Production , International
Russia to Build Up Half-Finished Oil Wells to Regain Market Share
DUCs are primed to operate when the OPEC+ deal expires, Russia’s energy minister says.
Liquefied Natural Gas (LNG) , Natural Gas , Trade , International , Midstream
German Chancellor Merkel Doesn’t Rule Out Sanctions on Russian Gas Pipeline
Chancellor Angela Merkel is under mounting pressure from members of her conservative party to suspend the Nord Stream 2 pipeline, a huge project to double Russian gas exports to Germany.
Exploration & Production , International
NATO: Greece, Turkey Agree to Talks over East Med Drilling Activity
NATO allies Turkey and Greece vehemently disagree over claims to natural gas reserves in the eastern Mediterranean and the extent of their continental shelves.
Business , Petrochemicals , Crude Oil , Trade , International
US Blacklists Companies for Helping Facilitate Iran’s Exports of Petroleum, Petrochemicals
The State Department also imposed sanctions on five companies for engaging in transactions related to Iran’s petroleum and petrochemical industry, as well as on three executive officers of the blacklisted companies.
International , Infrastructure , Construction , Pipelines
Navalny Poisoning adds Pressure for Germany to Rethink Nord Stream 2
Germany politicians demand a tough response from Merkel to the attempted murder of the Kremlin critic.
Exploration & Production , Crude Oil , Trade , International
OPEC August Oil Output Rises for Second Month as Supply Cut Eased
OPEC oil output has risen by about 1 million bbl/d in August, a Reuters survey found, as the group and allies eased record oil supply curbs.
Trade , International
Top Envoy: US Preparing Tighter Oil Sanctions on Venezuela
Exemptions for European and Asian companies for diesel would be removed.
Exploration & Production , International
Germany Says Turkey, Greece Ready For Dialogue on East Med Dispute
Turkey and Greece disagree over natural gas reserves off Cyprus and the extent of their continental shelves.