International

China'.s State control on foreign exchange flow was a key reason for the repeatedly postponed launch of Shanghai crude futures.

Hungary sent some of its gas reserves to Serbia. which was even more acutely affected by the crisis.

Turkey has already increased its daily send-out capacity from 190 million cubic meters in 2015 to 288 million cubic meters by the end of 2017.

Daily production at Kashagan makes 300 000 barrels per day with application of advanced technology of gas burning.

The governments were analysing the possible effects that these measures would have on Venezuelan citizens.

Venezuela’s crude oil sales to the United States in 2017 were the lowest since 1991.

Iraqi forces expelled Daesh from oil-rich Kirkuk in October.

The Russians and Americans are going head-to-head in a global oil and gas market.

China has struggled for two years with President Xi Jinping’s drive to reform the country’s coal industry and use cleaner fuels.

SOMO is expected to announce its March official selling prices for Asia. Europe and U.S.-bound supplies around the 10th of February.