The OPEC leader has lost ground to rivals selling in some of its key Asian export markets. most particularly China and India.
Read More »The Next Big Offshore Boom Is About to Happen in Brazil
Exxon will now join these fellow supermajors in the Brazilian shelf. partnering with Petrobras on six of the ten licenses it won.
Read More »US Sanctions Against Iran Would See Grudging International Compliance
If a new deal never materializes. the Trump administration or Congress could reimpose Iranian sanctions immediately.
Read More »Ukraine State Company Wants in on Development of Azerbaijan`s Biggest Oil&Gas Fields
The company is ready to supply gas turbine equipment with the capacity of 6. 15 and 25 MW for the needs of oil and gas companies of Azerbaijan and for regional power supply and power supply of factories.
Read More »Erdogan`s Visit to Tehran Very Important Due to Regional Developments
The two countries'. cooperation will form stability in the region.
Read More »Iran. Japan Sign MoU to Reduce Air Pollution in Tehran
In recent years. Air pollution has tuned into a major challenge to the Iranian government.
Read More »Robust Chinese Demand Ensures Asian LNG Rally Has Legs
French nuclear regulator ASN ordered Electricite de France on Thursday to shut four nuclear units. sending power prices spiking.
Read More »Aramco IPO Could End OPEC Status Quo
In the meantime. the Saudis have lost some of their market share. both to Russia and Iraq.
Read More »Shale Drillers to Lose at Sub-$50 Oil
Over the first eight months of the year. WTI averaged US$49.34 a barrel. while the Henry Hub price per MMBtu of natural gas was US$3.
Read More »Saudi Arabia Produces 44% of GCC’s Natural Gas
Saudi Arabia’s fertilizer products portfolio consists of ammonia (26 percent). urea (28 percent). and diammonium phosphate (DAP) MAP (22 percent).
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