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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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242019-07

Weak naphtha demand drags Asian clean tanker rates to 2019 low
The Asian Long Range, or LR tanker freight rates are around their lowest levels so far this year, as weak demand to move naphtha impinges on demand, market pa

232019-07

Oil benchmarks decline for fourth straight day
Brent crude oil for September dropped by more than $1.70 to settle under $62/bbl in London on July 18 while the light, sweet crude oil contract for August dropp

222019-07

U.S. LNG exports slip on week
Liquefied natural gas exports from the U.S. decreased over the last week, according to data from the Energy Information Administration (EIA).EIA stated in its w

202019-07

US Oil Exports Reach New All-Time High
U.S. crude oil exports reached a new all-time high of 3.3 million barrels per day (MMbpd) in June. That’s according to the American Petroleum Institute

182019-07

U.S. offshore oil production remains cut by 58%: U.S. government
More than half the daily crude production in the U.S. Gulf of Mexico remained offline on Tuesday in the wake of Hurricane Barry, the U.S. drilling regulator sa

172019-07

First Yamal LNG cargo of year transits North Sea Route to arrive in Asia
The first Yamal LNG cargo of 2019 transited the North Sea Route to arrive in Northeast Asia, data from S&P Global Platts' cFlow trade flow software showed Monda

152019-07

H2 Outlook: Global propylene supply to remain healthy on extra capacity, strong inventories
Global propylene markets will continue to see healthy supply availability in the second half of 2019 as fresh capacity comes online in Asia and US inventory lev

132019-07

OPEC sees lower 2020 demand for its oil, points to surplus
OPEC on Thursday forecast world demand for its crude will decline next year as rivals pump more, pointing to the return of a surplus despite an OPEC-led pac

122019-07

Oil rides to seven-week high on Gulf storm, tightening U.S. supply
Oil rode a tide of bullish news to its highest price in almost two months as a potential hurricane roiled the Gulf of Mexico and U.S. crude inventories dropped.

112019-07

Ukraine wants to reach agreements with Russia on gas transit in September
Neftegaz.RU. Ukraine would like to reach the agreements with the Russian side in the issue of the gas transit in September as 112 Ukraine reported citing Presi
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