UPDATED: US To End All Waivers On Iran Oil Imports, Crude Price Jumps

The United States demanded a cut off of Iranian oil exports to major importers like China and India who had been granted exemptions from sanctions, sending crude prices to six-month highs on fears the U.S. action could lead to a supply crunch.

April 22, 2019

Crude Oil , Imports

Japanese Refiners Halt Iran Oil Imports As Waiver Expiry Looms

Japan had cut imports by 33% in first nine months of 2018.

March 29, 2019

Liquefied Natural Gas , Imports

Sinopec Prepares To Buy US LNG If Government Approves

With the U.S. and China close to a deal that would roll back tariffs, Sinopec prepares for an $18 billion deal with Cheniere.

March 5, 2019

Natural Gas , Imports , Construction , Pipelines

EU Gas Pipeline Rules Could Slow Russia’s Nord Stream 2

Draft law would require import pipelines to not be owned directly by suppliers.

February 13, 2019

Liquefied Natural Gas , Natural Gas , Imports , Exports , Storage , Pipelines

Winter Gas Market: So Far, So Normal

The recent Polar Vortex did its damage, but as winter weather goes, say Drillinginfo and Wood Mac, this one is not terribly cold and gas prices are holding steady.

February 11, 2019


IEA Chief: Too Early To Assess Impact Of Latest U.S. Sanctions On Venezuela

The International Energy Agency (IEA) has yet to assess the impact of the latest U.S. sanctions on Venezuelan oil supplies, its executive director said on Jan. 30.

January 30, 2019

Crude Oil , Imports , Heavy Oil , Technology

Venezuelan Oil Exports To US Still A Primary Source Of Cash

Venezuela’s oil exports to the United States remain the primary cash resource for its state-owned oil company, and efforts by the cut off that revenue would likely force it to send crude to China, India or other Asian countries.

January 28, 2019

International , Pipelines , Tankers , Imports , Crude Oil

Traders: Mexican Ports See Bottlenecks As Fuel Distribution Slows

Mexico’s government has ordered pipelines shut to limit losses from fuel theft.

January 10, 2019

Imports , Crude Oil , Technology , Midstream

Turkey Resumes Iranian Oil Imports Under U.S. Sanctions Waiver

Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when U.S. sanctions on Iran were reimposed, trading and shipping sources said.

January 8, 2019

Crude Oil , Imports , Exploration & Production , Midstream

Iran Claims To Have Found ‘Potential’ Oil Buyers Despite US Sanctions

All countries that were granted waivers from the U.S. to continue buying a certain amount of Iranian oil imports are complying with U.S. sanctions, a senior Iranian energy official said, noting that Tehran was hopeful to find new buyers.

January 7, 2019