A decision on the production policy in 2019 can be reached at an OPEC+ ministerial meeting in Vienna on December 6-7.
Read More »Qatar`s Great Trade Prospect amid Embargo
The increase in trade with Turkey and efforts to boost ties with Iraq form part of Qatar’s strategy to diversify its trading partners.
Read More »Saudi Arabia’s Gas Ambitions
Saudi Aramco plans to boost its gas production to 23 billion standard cubic feet (scf) a day from 14 billion scf now.
Read More »Operation Method for AC Grid powered PMSM with Open-End Winding in Dual-Inverter Topology for Power Factor Maximization
As the prototype testing showed. the proposed operation method of the PMSM in dual-inverter topology at a single phase AC grid achieved performances. which are comparable to drive system solutions with an active PFC stage. The benefit of this solution is the displacement of additional PFC inductors. These inductors are …
Read More »Pakistan New Gov’t Wants to Complete Iran-Pakistan Gas Pipeline
Pakistan will do all it can to complete part of the pipeline that passes from Pakistani territory.
Read More »US Influence in the Energy Market to Grow
OPEC and other major producers are considering coordinated output restrictions to stem a further drop in prices.
Read More »Iran Finalize Oil-for-Goods Deal with South Korea
Iran'.s exports to South Korea mostly consist of crude oil and petrochemical products and its imports include household appliances.
Read More »Libya Halts Oil Export due to Bad Weather
Oil production had declined by 150 thousand barrels per day.
Read More »A First in the Industry. 130 LNG Tank Containers are Shipped to Northern China
China has seen an explosive growth of natural gas consumption over the years.
Read More »Oil Price Stable as OPEC. Russia Likely to Agree on Output Cuts Next Week
Crude reserves increased 6.4 billion barrels. or 19.5 percent. to 39.2 billion barrels at year-end 2017.
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