WoodMac expects 2018 to be a third consecutive year of increase in the number of project sanctions from the 2015 low.
Read More »New Line of China-Russian Oil Pipeline Begins Operation
The second line was built in parallel to the first line between Mohe and Daqing.
Read More »Iran Unrest Pushes Up Crude
The higher prices are expected to stoke U.S. shale output.
Read More »OPEC`s Biggest Challenge in 2018: An oil Deal Exit
The exporters group will look to keep prices within the so-called ‘shale band’.
Read More »China`s war on smog lifts LNG Price
China is making huge investments into renewable power generation.
Read More »IEA: Global coal demand to hit 5.534bn tonnes by 2022
Coal consumption fell last year by 1.9 percent to 5.357 billion tonnes from a year earlier as lower gas prices.
Read More »Big Oil`s Exit Urges Norway Tending to Its Own Petroleum Future
Norway'.s oil production has been halved since a 2000 peak.
Read More »Libya Oil Production Is Back to Normal
The damaged parts had been replaced and flows would start returning to previous levels.
Read More »TANAP Contributes to Bring Azerbaijan`s Gas Resources to Europe
The length of TANAP is 1.850 kilometers. with an initial capacity of 16 billion cubic meters of gas.
Read More »Soaring Oil Prices Decline China’s Crude Stockpiling
The rate of the stockpiling eased in the second half of 2017.
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