BP sees Chinese demand for oil surging 61 percent. and gas demand soaring 186 percent by 2035.
Read More »Novatek plans LNG reload terminal in Russia’s Far East
Novatek has signed a preliminary agreement with Kamchatka Territorial Government to build the terminal.
Read More »Iran Aims to Boost Non-Oil Exports to Africa by 2020
The trade exchange volume between two countries is now about $400 million.
Read More »Russia Offers Turkey Memorandum on TurkStream Onshore Construction
It will send Russian gas to Turkey with the first of its two lines. while the second line of the project will carry Russian gas to southern and southeastern Europe.
Read More »Singapore to Go Green with Gloating Solar. Storage Systems
Singapore is pushing forward with plans to store intermittent solar energy.
Read More »Putin: US Sanctions Aimed at Forcing Russia Out of European Energy Market
Putin is confident that in the modern world. strategic gains at the expense of other countries are impossible.
Read More »Saudi Firms Eyeing Solar to Blunt Rising Power Price Risk
Saudi set a record on October 3 in its first solar tender.
Read More »OPEC Seeks Help from U.S. Shale
Each of the U.S. producers acting individually can only impact a fraction of a percentage of the world oil market.
Read More »Iraq`s Kurdistan Oil Exports Still Sharply Reduced
Iraqi oil ministry officials have said they were hoping to bring output back to normal by Sunday but it has not happened yet.
Read More »OPEC Doesn’t Control Oil Market
In December 2016 in Vienna. 11 non-OPEC countries. including Azerbaijan. agreed to curtail oil output jointly by 558.000 barrels per day.
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