Fixation on timing of peak oil is ‘misguided’
January 18, 2018The electric car revolution and stricter global rules on emissions have focused debate in the energy sector on when decades of growth in oil demand will eventually peak. But Spencer Dale, chief economist at energy major BP and former Bank of Engla...
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Tanker’s sinking puts spotlight on role of tracking systems
January 15, 2018The sinking of the Iranian oil tanker Sanchi in the East China Sea and the loss of 32 lives, has raised questions over how such a collision could happen, with analysts and traders focusing on its navigation and satellite tracking systems.
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India's 2017 oil demand growth posts lowest gain since 2013
January 11, 2018Indian oil consumption in 2017 grew at its slowest in four years, according to government statistics, hit by the government’s demonetisation move and a tax increase that knocked the gain in fuel use back to a modest 2.3 percent.
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Europe Becomes Victim of Russia’s Newest Oil Strategy
January 07, 2018Higher shipments of Russian crude oil to China may saddle European importers with a fatter bill, an industry consultancy warned at the end of last year, noting the latest stage of Russia’s Eastern pivot: the launch of the expanded East Siberia-Pac...
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Middle East LNG demand forecast to dip as Egypt becomes self sufficient
January 06, 2018Middle East imports of liquefied natural gas are set to decrease as Egypt becomes more self sufficient, but the Arabian Gulf region will need more of the fuel amid a gas deficiency in several states.
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This Is How to Sneak Oil Into North Korea
January 03, 2018Donald Trump’s desire to squeeze Kim Jong Un’s regime risks being undermined by the furtive maneuvers of oil tankers at sea.
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Wall Street's Venezuela Bet Rests in Hands of These Seven People
January 03, 2018Venezuela bond investors had a rough 2017, with their holdings posting the world’s worst losses amid economic and political turmoil that culminated in U.S. sanctions against the country and President Nicolas Maduro’s plan to restructure the debt.
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Russia's Oil Friendship With China Makes Crude Costly for Europe
January 02, 2018Europe’s set to be stuck with a higher oil bill as Russia shifts more of its supply to the Chinese oil market. As the world’s second-biggest economy buys more, crude shipments from Primorsk port in the Baltic region will be cut, according to indus...
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China's Chongqing gas exchange aims to be Asia price benchmark
December 29, 2017China plans to launch a natural gas exchange in Chongqing in early 2018, aiming to create an Asian price benchmark as the nation’s use of the fuel surges amid its shift away from coal.
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China's Winter Misery Brings LNG Traders Gift of Volatility
December 22, 2017China’s self-inflicted heating crisis this winter signals deeper seasonal price swings that may be a boon for liquefied natural gas traders.
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