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According to China’s ministry of commerce, China imposed a 10% tariff on LNG imports from the US, describing the measure as a response to the latest US tariffs on USD 200 billion of Chinese goods.

Posted By : Nanda Koijam 16 hours 9 minutes ago
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Reuters reported that sometime in the next few weeks, global oil consumption will reach 100 million barrels per day – more than twice what it was 50 years ago – and it shows no immediate sign of falling.

Posted By : Nanda Koijam 16 hours 12 minutes ago
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Sputnik reported that Mr Donald Trump has made fresh remarks about Russian-German energy ties, saying that while such cooperation was "inappropriate" and a "very bad thing for the people of Germany," the US would not...

Posted By : Nanda Koijam 16 hours 17 minutes ago
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Sputnik reported that OPEC and non-OPEC allies have reportedly agreed to review current oil production as a countermeasure to the lack of Iranian oil caused by the US sanctions.

Posted By : Nanda Koijam 16 hours 19 minutes ago
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Reuters quoted Prospex as saying that European gas trading volumes in 2018 may beat the record 51,000 terawatt hours recorded in 2016 unless unseasonally warm weather prevails for the rest of this year.

Posted By : Nanda Koijam 16 hours 22 minutes ago
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Cyprus and Egypt signed an agreement for the construction of an underwater pipeline to export natural gas to Egypt. Cyprus’ Energy Minister Mr Yiorgos Lakkotrypis and Egypt’s Oil Minister Tarek el-Molla inked the...

Posted By : Nanda Koijam 16 hours 26 minutes ago
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Reuters quoted the European Commission as saying that Romanian state-owned gas pipeline operator Transgaz has offered to increase export capacities at interconnection points with Hungary and Bulgaria in a bid to end an...

Posted By : Nanda Koijam 16 hours 31 minutes ago
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Reuters reported that Britain's biggest labour union Unite the Union said that its members covered by the Offshore Contractors Association would be balloted on industrial action.

Posted By : Nanda Koijam 16 hours 37 minutes ago
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Reuters reported that China may issue an additional 3 million to 4 million tonnes of permits for refined fuel exports for 2018 to prevent state-owned refiners from having to slash throughput rates, according to three...

Posted By : Nanda Koijam 16 hours 43 minutes ago
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According to a recent industry outlook for the third quarter from the American Petroleum Institute, the US has reached a new record for crude oil production of 10.8 million b/d over the past 2 months, but petroleum...

Posted By : Nanda Koijam 16 hours 48 minutes ago
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