- Petrol price down by 20%, crude by 33% in 3 months
January 04, 2019
Petrol and diesel prices, which had peaked on this day three months ago, have now fallen by about 20% while crude oil rates are down by nearly a third during the period.
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- Adnoc to extract more from downstream and gas in 2019
December 28, 2018
For Abu Dhabi National Oil Company, the new year would chart the same course adopted in 2018 by most national oil companies in the Arabian Gulf, which is a significant pivot towards two streams viewed as more valuable than crude –gas and...
- LNG imports into Northeast Asia climb to record high in December
December 27, 2018
Shipments of liquefied natural gas (LNG) into Northeast Asia have risen to a record in December, mainly driven by China’s continued gasification push, and as the region faces colder-than-usual temperatures this week.
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- World's largest floating LNG platform starts production in Australia
December 26, 2018
Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world’s largest floating production structure and the last of a wave of eight LNG projects built in t...
- Indian Diesel Armada Heads Toward Europe as Asia Proves Glutted
December 24, 2018
A diesel glut in Asia is encouraging traders of the fuel to ramp up cargoes from India to Europe, where stockpiles were ravaged by refinery halts and unusual weather earlier this year.
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