Thirty-nine countries imported LNG in 2016. up by four from the previous year. with 70 percent of world consumption in Asia.
Read More »Vitol Closes Deal for Purchase of Petrol Ofisi Filling Station Network in Turkey
The total value of the transaction is 1.368 billion euros.
Read More »BP: Russia Kept Leadership in Global Oil. Gas Exports in 2016
The export of Russian oil grew by 2.1 percent. to 8.6 million barrels per day last year.
Read More »Moscow – Ankara Gas Pipeline to Strengthen Russia in European Market
Turkey occupies a strategic location and acts as a bridge between Europe. the Middle East and Central Asia.
Read More »Russia Moves to Finance Arctic LNG Projects
Yamal LNG has raised additional finance with several European banks.
Read More »BP: Global Gas Consumption Slows Down
EU gas consumption increased sharply by 30 bcm. or 7.1 percent - the fastest growth since 2010. Russia saw the largest drop in consumption of any country (-12 bcm).
Read More »BP`s Decision about Future Role in Southern Ahvaz Oilfield
BP said last week that it will announce the result of its evaluation of NISOC'.s customized model soon.
Read More »Saudis Cut Back Oil Supply to Asia. Slash Exports to U.S.
Saudi Arabia is reducing its oil exports to Asia by around 7 million barrels this month.
Read More »Qatar Crisis to Boost LNG Spot Trade
The U.S. is expected to ‘dethrone’ Qatar. the biggest global LNG exporter. with its 30 planned LNG terminals and with six more under construction.
Read More »Will GE Chief`s Retirement Derail Baker Hughes Merger?
The European Union'.s regulatory body signed off on the merger last month. The company is still waiting approval from the U.S. Justice Department.
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