ADNOC signs 15-year LNG supply deal with IndianOil
ADNOC announced a 15-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India’s largest integrated…
Santos Shares Rise as First-Half Earnings Beat Estimates
(Bloomberg) — Santos Ltd. shares rose after the Australian oil and gas producer reported earnings that beat expectations,…
The Middle East Oil Refining Boom Has Created A New Pricing Mechanism
Since the 1950s, the Middle East has established itself as the world’s most prolific oil producing region, typically…
Why South Korea’s Pledge to Buy More US Oil May Be Mission Impossible
South Korea, one of America’s top-10 trading partners, has become one of the most high-profile targets of Washington’s…
Macquarie Hires Equinor’s Ravelli as Global Head of LNG
(Bloomberg) — Macquarie Group Ltd. has hired Samuele Ravelli to lead its global LNG trading business as the…
EU Fails in Bid to Add Joint Debt to Key Sovereign Index
(Bloomberg) — Intercontinental Exchange Inc. will not add European Union joint debt to its sovereign bond indexes in…
Treasuries Edge Higher, Asian Shares Rise on Japan: Markets
(Bloomberg) — Treasuries edged up to recover some of their losses from a higher US inflation print, which…
U.S. Crude Stocks Rise Against Forecasted Draw
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose this week, adding…
Australia Urged to Rein In Gas Exports as Supply Crunch
(Bloomberg) — A new report linking Australia’s liquefied natural gas export boom to surging local energy prices is…
Woodside takes over operatorship of Bass Strait assets from
Woodside Energy has formally taken over as operator of the key Bass Strait oil and gas assets previously…
Oil Extends Gain on US Trade Deal Optimism, Diesel Tightness
(Bloomberg) — Oil fell as the dollar strengthened and conviction waned that the US will reach agreements with…
Maine’s reliance on Canadian energy as trade deadline looms
As construction continues on the CMP corridor, Maine’s Total Coverage is asking how tensions between the United States…