Liquefied Natural Gas , Trade , International

India's Petronet Seeks More LNG Under Long-term Qatar Deal

"We are seeking an additional 0.75 to 1 mtpa on top of existing 8.5 mtpa contact," Petronet LNG CEO A.K. Singh said.

February 7, 2023

Crude Oil , Trade , International

Russia Fuel Oil Heading East as EU Embargo Takes Hold

Traders have diverted oil cargoes to Asia and the Middle East in the wake of the EU's full embargo of Russian oil products, which went into effect on Feb. 5.

February 6, 2023

Crude Oil , Trade

Iraq's January Production Falls 100,000 bbl/d Below OPEC+ Quota, SOMO Says

Iraq plans to temporarily shut its West Qurna 2 oilfield for maintenance, but it is not expected to affect the country's oil exports.

February 6, 2023

Crude Oil , Trade , International

Western Sanctions Push Russia's Energy Revenues to Lowest Level Since 2020

The west was previously Russia's largest energy market but has sanctioned its energy exports since the country's invasion of Ukraine.

February 3, 2023

Liquefied Natural Gas , Exports

Freeport LNG Seeks US Approval to Restart Loading at Texas Export Plant

"Reinstatement of Dock 1 LNG loading services will allow Freeport to recommence normal LNG ship dockage and loading operations," according to the company's U.S. Federal Energy Regulatory Commission filing.

February 3, 2023

Liquefied Natural Gas , Exports

Russia Boosts LNG Exports to Europe by 20% in 2022

According to Refinitiv data, Russian gas exports to Europe dropped to a new post-Soviet low in 2022, but its total LNG exports rose to approximately 33 million tonnes, with more than half of it going to Europe.

January 31, 2023

Crude Oil , Trade , International

What's Affecting Oil Prices This Week? (Jan. 30, 2023)

Imposition of Russian oil exports is set to take effect on Feb. 5, which is expected to negatively affect Europe's diesel market due to the region's dependence on diesel fuel imported from Russia.

January 30, 2023

Liquefied Natural Gas , Exports , Pipelines

Freeport LNG Says Texas Plant Repairs Completed, Seeks to Restart Some Operations

According to the U.S. Federal Energy Regulatory Commission, Freeport LNG asked for permission to begin introducing LNG into its Texas plant's piping system.

January 24, 2023

Liquefied Natural Gas , Trade

Germany Receives Third Floating LNG Terminal

The Hoegh Gannet floating storage and regasification unit arrived at the Elbehafen port in Brunsbuettel, Germany, on Jan. 20.

January 20, 2023

Liquefied Natural Gas , Exports

NextDecade, Itochu Corp. Execute LNG Sale and Purchase Agreement

NextDecade Corp. anticipates reaching final investment decision on the first three trains of LNG in the first quarter of 2023.

January 19, 2023