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EnergyAustralia, Australia's third-largest energy retailer, reached a preliminary agreement to buy gas from a liquefied natural gas import terminal planned by Australian Industrial Energy. EnergyAustralia is the first...

Posted By : Sanju Moirangthem 2 days 2 hours 21 minutes ago
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Trade sources said that the Asian spot price for liquefied natural gas (LNG) has dropped to below USD 5 per million British thermal units this week as sellers flooded the market with spot cargoes. The price is at its...

Posted By : Sanju Moirangthem 2 days 2 hours 15 minutes ago
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Reuters quoted Angolan state oil company Sonangol as saying that it had awarded its refined products buy tender for the next 12 months to Total and Trafigura. Total will supply Angola with gasoline while Trafigura will...

Posted By : Sanju Moirangthem 2 days 2 hours 17 minutes ago
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According to data published by the oil ministry, India’s crude oil imports jumped 14 per cent to 19.7 million tonne last month. In value terms, the country’s oil import bill rose 18 per cent to USD 9.8 billion in...

Posted By : Sanju Moirangthem 2 days 2 hours 19 minutes ago
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Hungarian refining company MOL said that it will it start taking clean Russian oil later this week via a major pipeline after agreeing to store 100,000 tonnes of contaminated crude. Russian crude flows to Europe through...

Posted By : Sanju Moirangthem 2 days 2 hours 23 minutes ago
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Russian news agencies citing, Russia's Energy Ministry, as saying that clean crude oil was moving via the Druzhba pipeline towards the border of Hungary and Slovakia and was expected to reach the metering stations there...

Posted By : Sanju Moirangthem 2 days 2 hours 26 minutes ago
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AFP reported that the European Union recently called on Turkey to show restraint and respect the sovereign rights of Cyprus in a dispute over exploiting energy wealth off the Mediterranean island.

Posted By : Rabi Wangkhem 3 days 2 hours 58 minutes ago
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CNBC reported that major oil-producing nations are leaning toward keeping a lid on production throughout 2019, defying President Mr Donald Trump’s calls to open the taps and cut the cost of crude.

Posted By : Rabi Wangkhem 3 days 3 hours ago
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Reuters citing, Malaysia's state oil and gas company Petroliam Nasional Bhd as saying that it has shut the Sabah-Sarawak gas pipeline that feeds gas to its liquefied natural gas complex at Bintulu in the state of...

Posted By : Rabi Wangkhem 3 days 3 hours 1 minute ago
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Reuters citing, Russia's largest private gas producer Novatek, as saying that its JV Arctic LNG 2 and TechnipFMC have agreed construction of a liquefied natural gas plant.

Posted By : Rabi Wangkhem 3 days 3 hours 3 minutes ago
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