Western sanctions against Russia are driving the BRICS grouping of countries closer together in addition to curbing Moscow's oil revenue, some executives at a major Asia energy conference said. Read Article  +

When Russia invaded Ukraine last year, and European demand for natural gas skyrocketed, Egypt saw an opportunity. Riding high on the discovery of a massive offshore field in 2015, and desperate for foreign cash, the government ramped up ...  +

When Russia invaded Ukraine last year, and European demand for natural gas skyrocketed, Egypt saw an opportunity. Riding high on the discovery of a massive offshore field in 2015, and desperate for foreign cash, the government ramped up ...  +

Chinese refiners are poised to boost diesel exports in September to more than 1 million metric tons, drawn by lucrative margins from selling overseas and as they expect to receive more export quotas from Beijing, traders and analysts sai...  +

Chinese refiners are poised to boost diesel exports in September to more than 1 million metric tons, drawn by lucrative margins from selling overseas and as they expect to receive more export quotas from Beijing, traders and analysts sai...  +

Qatar has a lot of catching up to do to sell all of its 48 million mt/year of new LNG production capacity that it's currently building as buyers look for more flexible contract terms, according to analysts. Read Article  +

Qatar has a lot of catching up to do to sell all of its 48 million mt/year of new LNG production capacity that it's currently building as buyers look for more flexible contract terms, according to analysts. Read Article  +

India's diesel exports to Singapore are set to hit a 19-month high in August and exceed 330,000 metric tons, boosted by cheaper freight costs and low inventories in the Asian oil hub, traders and analysts said. Read Article  +

India's diesel exports to Singapore are set to hit a 19-month high in August and exceed 330,000 metric tons, boosted by cheaper freight costs and low inventories in the Asian oil hub, traders and analysts said. Read Article  +

Despite the economic slowdown in the U.S. and Europe and a failed strong rebound in China, the diesel market globally is tight and set to enter the crop and heating seasons with lower-than-average inventories. Read Article  +