By December 2017. the volume of active rigs was less than half of what it was two years earlier.
Read More »Bankless Trade
If the stage is set. German companies will make a comeback to Iran for investment.
Read More »China Initiates Survey for Gas Hydrates in South China Sea
Along with China. Japan. the U.S. and India also have research underway on the fuel.
Read More »Petronas Signs First Term LNG Supply Deal in India
etronas has signed a sale and purchase agreement to supply LNG to H-Energy Mideast DMCC (HEMD).
Read More »World will Remain Thirsty for Oil for Decades
BP predicts that there will be two billion cars worldwide by 2040 but that internal combustion engine will continue to dominate.
Read More »Putin Thinks Nord Stream 2 Project to Be Implemented
Several countries. including Ukraine and Poland. have stepped out against Nord Stream 2.
Read More »Oil Industry Needs to Invest $10 Trillion
There’s speculation OPEC is willing to make official Russia’s involvement with the group.
Read More »Oil Demand to Peak Around Within 20 Years
BP'.s views on peak-oil demand aren'.t universally accepted in the industry.
Read More »S. Korea. Russia Agree to Advance Energy Cooperation
Russia is the world'.s second-largest LNG exporter. while South Korea is the world'.s No. 2 LNG importer.
Read More »OPEC Member Hopes for Prolong Alliance with Russia
OPEC-led alliance can help avoid future oil gluts. shortages.
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