Saudi Arabia, the world's top crude exporter, will supply full contracted volumes of crude oil to at least one Asian term buyer in June, unchanged from May, an industry source familiar with the matter said on Friday.
The OPEC kingpin has supplied full contractual volumes to most Asian buyers since late 2009.
(Reporting by James Topham; Editing by Paul Tait)
Oil prices rose more than 2% on Tuesday as Israel threatened to attack the Lebanese state if its truce with Hezbollah collapses…
In support of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030…
Australia's Woodside Energy WDS.AX expects the global market for liquefied natural gas (LNG) to grow by 50% in the coming decade…
Turkish officials said that Turkey was in talks with both the United States of America and Russia to try and secure a waiver from U.S.
The fears that Europe will face a shortage of natural gas this winter are exaggerated. The liquefied gas (LNG), market has…
The price of Malaysian palm oils futures rose on Monday due to stronger oil prices and the expectation that Indonesia may…
The U.S. data company announced on Sunday that former BP CEO Bernard Looney will chair Prometheus Hyperscale. Prometheus…
Eni, the Italian energy company, announced on Saturday that it had launched in the shipyard of Wison Heavy Industry in Nantong…
The Moldovan energy minister announced on Friday that he will meet with Russian gas giant Gazprom in St. Petersburg, Russia…
The U.S. Department of Energy's loans office said on Friday it has finalized a loan of $1.3 billion to ENTEK Lithium Separators…
ArcelorMittal is the second largest steelmaker in the world. It announced on Friday that it was delaying green investments…
Oil prices edged up about 1% to a two-week high on Friday as the intensifying war in Ukraine this week boosted the market's…
World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.
Subscribe to World Energy News Alerts.