Effects of the U.S. decision to renew sanctions on OPEC member Iran are already spreading beyond the world of crude to some corners of the oil market.   Read Article    +

The appointment of Pakistan LNG Limited (PLL) Chief Executive Officer M Adnan Gilani is not being investigated by the National Accountability Bureau (NAB), emphasised an official of the Petroleum Division.   Read Article    +

Abu Dhabi National Oil Company’s strategic shift in developing its upstream segment and repositioning as a downstream entity this year brings it closer to its ambition to become an integrated international oil company.   Read Article ...  +

India’s imports of Iranian oil may be hit from the end of August after the State Bank of India informed refiners it would not handle payments for the crude from November, the finance chief of Indian Oil Corp (IOC) said on Friday.   Rea...  +

LONDON (June 13, 2018) - FGE is pleased to announce that Dr. Fereidun Fesharaki, Founder and Chairman of FGE, has been invited to serve as a member of the National Petroleum Council for the 2018/19 term.   The invitation, which comes fro...  +

Suggestions that Santos has turned an acquisitive eye back to Western Australia's biggest gas producer Quadrant Energy have raised questions on what the oil and gas producer has in store to justify its comprehensive rejection of Harbour ...  +

Global oil demand has outdone dire predictions of an early end but is in its "last gasp" of growth as fuel efficiency and the rise of electric vehicles look set to bring growth in gasoline use to a standstill by 2030, according to energy...  +

Asian refining margins for fuel oil are set to hold near their current strong levels through the summer as increased use of the fuel by utilities to power air conditioners for cooling and disruptions to trade flows shrink global supplies...  +

Global liquefied natural gas (LNG) markets in Asia are convulsing, undergoing yet another fundamental shift amid increased demand for the super-cooled fuel.   Read Article    +

Asian liquefied natural gas (LNG) prices have risen to their highest since 2014 for this time of the year as demand from China, India and South Korea has surged at the same time several production issues are curbing spot supply.   Read...  +