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Since 2014. the spot price of LNG has dropped by two-thirds to $5.4 per million British thermal units as supply swelled.

Iran introduced 49 oil and gas fields to foreign investors based on the IPC.

Russian oil production declined by 254.000 bpd from April 1-26 compared with the reference level of October.

A number of major Middle East crude producers countries reached an initial agreement last week to extend output cuts beyond their June expiry.

Extension of the OPEC deal in May is quite likely. because OPEC and non-OPEC partners will be under pressure to extend it.

Iraq has started work on the third and final phase of the Halfaya oil field expansion.

The oil exporting nation’s goal is to install 3.45 gigawatts of renewable by 2020 and 9.5 gigawatts by 2030.

Saudi Arabia held onto its spot as South Korea'.s top oil supplier for both March and the full quarter.

The project is aimed at developing a comprehensive. multi-dimensional and easy-to-use tool for analysing publicly available oil and gas data.

Total LPG imports stands 23 per cent more at 11 million tonnes in fiscal 2016-17.