COVID-19 TOTAL DAILY
CASES 327,063 847
DEATHS 6,727 12
Bangladesh scraps another LNG import tender over high prices
Energy

Bangladesh scraps another LNG import tender over high prices

*The offer from Vitol to supply 138,000 cubic metres of LNG for Dec. 9-10 delivery was more than $2 per unit higher than the prices that Bangladesh pays under long-term contracts. * "From December, we will import two cargoes each month from the spot market," Rahman said, adding that both the tenders would be reissued.
Updated 23 Oct, 2020 09:10pm
Syria fuel crisis eases as Iran delivers new oil supplies
Energy

Syria fuel crisis eases as Iran delivers new oil supplies

  • A vessel began unloading 38,000 tonnes of gasoline at the Baniyas oil terminal on Monday.
  • Data from TankerTrackers, which tracks shipments and oil storage, showed a spike in Iranian exports last month in defiance of US sanctions.
Published 23 Oct, 2020 05:27pm
Energy

World oil prices fall

NEW YORK: Oil prices settled lower on Wednesday after US inventory figures showed demand weakening for refined...
Published 22 Oct, 2020 02:54am
Energy

OGRA takes action against HPL

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has taken action against Hascol Petroleum Limited (HPL) over...
Published 22 Oct, 2020 02:54am
US natgas edges up on rising LNG exports, cold forecasts
Energy

US natgas edges up on rising LNG exports, cold forecasts

  • Front-month gas futures rose 2.2 cents, or 0.8%, to settle at $2.795 per million British thermal units.
  • As LNG exports rise and the weather turns colder, Refinitiv projected average demand would jump from 89.2 bcfd this week to 98.2 bcfd next week.
Published 20 Oct, 2020 01:34am