Power generation from natural gas is estimated at 34% in 2018 and 34.1% in 2019. up from 30.1% in 2017.
Read More »Russia to Seek Oil-Cuts Rollback for most OPEC+ Nations
Russia and Saudi Arabia are set to discuss oil policy on Thursday.
Read More »Japan would Help with Initial Costs of North Korea Denuclearisation only after IAEA Inspections
Kim Jong Un pledged at a historic summit on Tuesday to move towards complete denuclearisation.
Read More »Trump Blames OPEC for High Oil Prices
The next meeting of the parties to the deal will be held on June 23 in Vienna.
Read More »Armenia Plans to Boost Gas-Electricity Transition with Iran
Yerevan Thermal Power Plant is willing to import more gas to deliver more power to Iran in peak demand hours.
Read More »ExxonMobil to Start Drilling Off Shore in Guyana
ExxonMobil spent about US$24 million with more than 300 local suppliers in 2017.
Read More »Renewable Energy Investments to Grow Rapidly
Renewable energy investments are expected to continue gaining momentum well into the future.
Read More »Saudi Aramco`s Huge Investment to Double Refining Capacity
The chemicals business is Aramco’s key strategy.
Read More »OPEC Predicts Sizable Uncertainty in Global Oil Market
OPEC'.s own oil production rose slightly in May. the monthly report showed.
Read More »Equinor Moves to Power More Platforms from Shore
Last year Equinor reached its goal of reducing annual CO2 emissions from the NCS by 1.2 million tons from 2008 to 2020.
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