Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting in Libya as well as strong U.S. jobs data.   Read Article  +

The diverging fortunes of fuel products derived from crude are influencing two oil benchmarks more than the state of supplies in the market.   Read Article    +

Asia is no longer the premium market for liquefied natural gas.   Read Article    +

Oil refining margins will recover from their current slump and the sector will then enjoy an extended rosy patch, but it could be its last as improving fuel efficiency and the aggressive shift to electric vehicles in the huge Chinese mar...  +

Oil refining margins will recover from their current slump and the sector will then enjoy an extended rosy patch, but it could be its last as improving fuel efficiency and the aggressive shift to electric vehicles in the huge Chinese mar...  +

PNG needs to be at the frontline to supply the LNG market between 2022 and 2025 due a predicted shortage   Read Article    +

The US may continue extending waivers to five of Iran’s crude buyers for another six months, with the administration likely to consider market scenarios even as it looks to tighten the noose on Tehran’s oil industry.   Read Article  +

The US may continue extending waivers to five of Iran’s crude buyers for another six months, with the administration likely to consider market scenarios even as it looks to tighten the noose on Tehran’s oil industry.   Read Article  +

Papua New Guinea is on the right track in receiving more final investment decisions coming from resource projects, Facts Global Energy chairman Fereidun Fesharaki said yesterday while commending the government for agreeing to sign the ga...  +

India’s demand for liquefied natural gas (LNG) is set to rise by about 10 percent this year even as the country adds import capacity at a faster clip, because infrastructure constraints keep gas from getting to consumers and hinder growt...  +