- China's U.S. ethane imports to surge in 2025 in drive to cut costs
February 06, 2025
"The bottle neck is U.S. exports right now," said Armaan Ashraf, head of natural gas liquids at consultancy FGE.
...
Along with plant upgrades, new shipping capacity is required. For every one-million tons per year in crackin...
- Oil markets brace for US policy indications on Iran and Russia
February 06, 2025
While the decision by OPEC+ members on 3 February to press ahead with plans to increase oil production quotas from April has offered a measure of certainty on future oil volumes, other geopolitical factors, such as potential US...
- Iran: Trump Talks or Export Crackdown
February 05, 2025
Total Iranian oil production — comprising crude, condensate and NGLs — in 2024 and into 2025 “hit a 40-year record high despite sanctions” at nearly 5 million barrels per day, according to Iman Nasseri of consultancy FGE, speak...
- An overview of Iran's energy industry and infrastructure
February 04, 2025
FGE consultancy says Iran refines about 2.6 million bpd of crude and condensate and exports 2.6 million bpd of crude oil, condensate and refined products.
The country also produces 34 billion cubic feet of gas per day, accord...
- China tariff retaliation targets its modest US energy imports
February 03, 2025
Mia Geng, an analyst at FGE, said that when China imposed 25% tariffs on U.S. crude during the trade war in Trump's first administration, China stopped its purchases of 300,000-400,000 barrels per day of U.S. crude and turned t...