Trade , International , Construction , Pipelines

EU ‘Highly Concerned’ by US Stance on Nord Stream Pipeline

Sanctions violate international law, 24 members say.

August 14, 2020

Petrochemicals , Crude Oil , Trade , International , Storage

Column: US Petroleum Inventories Show Gradual Rebalancing

U.S. petroleum inventories show clear signs of trending lower as consumption slowly recovers from the epidemic and lockdowns, while Saudi Arabia restricts production and directs volumes away from North America.

August 14, 2020

Crude Oil , Trade , International

Saudi Arabia Cuts September Crude Prices to Asia

Saudi Arabia's state oil producer Aramco has cut the official selling prices for its crude to Asia and Europe, while leaving them unchanged for the U.S., a document obtained by Reuters showed.

August 6, 2020

Trade , International , Infrastructure , Construction , Pipelines

Lobbying for Russian Pipeline Spikes in Washington

Lobbyists have disclosed little information about their activities.

August 4, 2020

Business , Trade , International , Shale Plays

Column: US Shale Supply Chain Will Emerge Smaller from Price War, Pandemic

The slump is putting intense stress on the entire supply chain, the ecosystem of large and small contractors, skilled and semi-skilled labor that underpins oil and gas production.

August 3, 2020

Public Capital , Investment , Liquefied Natural Gas (LNG) , Natural Gas , Trade , Midstream

Tellurian Stock Soars after India’s Petronet Renews Investment Deal

India's top gas importer, Petronet LNG, renewed a deal to give the parties more time to finalize an investment in Tellurian's Driftwood export project in Louisiana.

July 21, 2020

Crude Oil , Trade , International

Iraq Increases Oil Exports in July, Still Pumps above OPEC+ Target

The July figures imply Iraq is still some way from fulfilling its OPEC+ pledges and is exporting far more than a July loading program indicated.

July 21, 2020

Trade , International

US Energy Secretary Signs Initial Deal with India on Emergency Oil Reserves

U.S. Energy Secretary Dan Brouillette said the deal with India could mirror a recent plan with Australia, which in April committed to spending about $60 million to build an emergency oil stockpile.

July 17, 2020

Crude Oil , Trade , International

Column: Oil Diplomacy and the US Presidential Election

The U.S. presidential election in November marks a potential turning point in U.S. policy toward all the big three producers—Russia, the U.S. and Saudi Arabia—with significant implications for the oil market.

July 16, 2020

Crude Oil , Trade , International

OPEC+ Set to Ease Record Oil Production Cuts from August

OPEC and its allies, including Russia, have been cutting output since May by 9.7 million bbl/d, or 10% of global supply, after the virus destroyed a third of global demand.

July 15, 2020