Companies

Qatar is in talks with German energy groups Uniper and RWE about a partnership for a potential local LNG terminal.

The oilfield is one of the three major offshore expansion projects in Saudi Arabia.

The deal will include telecommunications sector and financial services.

Two sides established a joint working group and launched joint research with the participation of specialists from the two companies.

LNG is playing an increasingly important role in China'.s energy security.

Over the last year Equinor has actively participated in new offshore licensing rounds.

Venezuelan crude oil production averaged about 1.500.000 barrels per day during the first semester of 2018.

Sinopec expects its crude oil output to remain stable over next three years.

South Korean refiners and petrochemical producers suspended shipments of Iranian crude and condensate in July.

Adnoc began a wide-ranging shake-up in 2016 to tackle competition from new producers such as US shale firms.