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Five Major Challenges Facing The Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
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102019-08

Expert: Uncertainty in oil market to remain till late 2019
The oil market will be continuously changing till the end of 2019, Abhishek Kumar, head of analytics department at Interfax Global Energy, told Trend.The expert

082019-08

Demand for Nigerian oil "dire" as competition ramps up
Nigerian oil has suffered its slowest sales of the year in August, traders said, as U.S. exports of competing light, sweet grades flood traditional markets in E

062019-08

UK businesses urged to review EU contracts
Adam Johnson, director of Leeds-based Tudor International Freight, has urged businesses to review contracts they have in place with companies in the EU urgently

052019-08

Market watchers warn about risks of oil price plunge in 2020
Russia's oil market may face the supply glut in 2020 despite the OPEC+ deal participants’ efforts to constrain the supply growth, the International Energy

032019-08

Indian LPG demand recovers as high stockpiles being drawn down: sources
India's LPG demand has been recovering since July, as inventories are drawn down from the highs seen after the pre-election stocking up in April and May, which

312019-07

India's June naphtha exports slide 43% on month, but rapid rebound seen likely
India's naphtha exports slid 43% month on month in June, but a larger volume being offered via tender in July and a fall in freight costs point to a likely rebo

302019-07

Neptune Energy to acquire interests in German fields from Wintershall Dea
Neptune Energy has agreed to acquire interests in certain oil and gas fields in Emsland and the Grafschaft Bentheim region in Germany from Wintershall Dea. The

292019-07

Ukraine's gas reserves in underground storage facilities exceed 15 bcm
As of July 26, Ukraine pumped 15.3 billion cubic meters of natural gas into its underground gas storage facilities, the press service of NJSC Naftogaz of Uk

272019-07

Wintershall Dea committed to development in Egypt
In early 2018, Wintershall Dea announced the start of an extensive work programme in all own-operated Egyptian assets. The company is currently investing more t

262019-07

Oman expects to discover more gas amid $20 billion of projects
Oman, the biggest Middle Eastern oil producer outside OPEC, expects to discover and explore for more gas northeast of the sultanate in the area where the giant
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