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Petroleum News

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Lithuanian Railways halts transit of Lukoil products to Kaliningrad under US sanctions
Posted inBreaking News Business News International News

Lithuanian Railways halts transit of Lukoil products to Kaliningrad under US sanctions

VILNIUS — Lithuanian Railways (LTG) said it will stop transporting oil products from Russian energy giant Lukoil to the Kaliningrad region in compliance with new US and UK sanctions targeting…
Posted by John McCarthy November 8, 2025
Crude recovers late in session on hopes over US-Hungary meeting
Posted inBreaking News Business News Caribbean News

Crude recovers late in session on hopes over US-Hungary meeting

HOUSTON (Reuters) — Crude prices recovered from a midday dip on Friday on hopes Hungary can use Russian crude oil as U.S. President Donald Trump met Hungary's Prime Minister Viktor…
Posted by John McCarthy November 8, 2025
Shell has pulled out of offshore gas projects in Colombia’s Caribbean-Ecopetrol
Posted inBreaking News Business News Caribbean News

Shell has pulled out of offshore gas projects in Colombia’s Caribbean-Ecopetrol

BOGOTA (Reuters) — Oil giant Shell has pulled out of three joint offshore gas projects in Colombia's Caribbean, the South American country's state-run oil company said today. The two companies are…
Posted by John McCarthy April 24, 2025
China’s government bristles at growing ties between the US and oil-rich Guyana
Posted inBreaking News Business News Caribbean News

China’s government bristles at growing ties between the US and oil-rich Guyana

GEORGETOWN, Guyana (AP) — China’s government bristled Friday at the strengthening ties between Guyana and the United States in online comments a day after a visit to the South American…
Posted by John McCarthy March 29, 2025
Trinidad Boosts LNG Exports to Europe, Rushes More Gas Output
Posted inAt VIFreep Breaking News Business News

Trinidad Boosts LNG Exports to Europe, Rushes More Gas Output

PORT OF SPAIN — Trinidad and Tobago's sales of liquefied natural gas (LNG) to Europe have doubled so far this year to 40 percent of the total, Energy Minister Stuart…
Posted by John McCarthy June 28, 2022
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