With OPEC and its allies planning to roll back production quotas over the next few months in anticipation of greater global demand for crude oil, Iraq's quota will rise to 4.016 million b/d in July, having been at 3.954 million b/d in June and 3.905 million b/d in May.

Aramco and an international investor consortium, including EIG and Mubadala, today announced the successful closing of the share sale and purchase agreement, in which the consortium has acquired a 49% stake in Aramco Oil Pipelines Company, a subsidiary of Aramco, for $12.4 billion.

The world's fifth-largest crude importer received 1.227 million mt, or 8.99 million barrels, of US oil in May, up from 7.41 million barrels a year earlier,

Of the utility's total LNG sales in May, purchases by power generators surged 79.1% year on year to 1.168 million mt and to retail gas companies for households and businesses rose 17% to 1.147 million mt.

These brought the country's throughput in the first five months to average at 14.21 million b/d with a 12.7% year-on-year jump.

U.S. commercial crude oil inventories decreased by 7.4 million barrels from the previous week to 466.7 million barrels.

The EU plans to introduce mandatory sustainability criteria for all projects and to end support for new natural gas and oil projects.

In Asia, net-zero carbon ambitions will likely require US LNG to arrive in the form of certified low- or carbon-neutral cargoes,

U.S. commercial crude oil inventories decreased by 5.2 million barrels from the previous week to 474.0 million barrels.

TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project (the Project).

В создание морского перегрузочного комплекса сжиженного природного газа в бухте Бечевинской (Камчатский край) будет проинвестировано более 21 млрд рублей.

S Korea's LNG demand has been on the rise on hopes of a postpandemic economic recovery as well as the shutdown of a few nuclear reactors.

"Japanese refiners will buy Iranian crude. Iranian crude is impossible to replace by other grades and are unique,"

U.S. commercial crude oil inventories decreased by 5.1 million barrels from the previous week to 479.3 million barrels.

«Строительство газопровода «Пакистанский поток» остаётся флагманским проектом двустороннего сотрудничества России и Пакистана в энергетике, обе страны придают проекту первостепенное значение.