The next JMMC meeting is scheduled to be held in Vienna. on 29 November 2017.
Read More »OPEC Says Winning Battle to End Oil Glut
Russia’s energy minister said no decision was expected before January.
Read More »Rosneft to Finalize Pipeline Project in Iraqi Kurdistan
Rosneft and Kurdistan Regional Government are negotiating implementation of the project for construction of gas pipeline system on a fast track basis.
Read More »Iran Swaps 720k Oil Barrels
Existing pipelines and facilities enjoyed the capacity to displace more than 370.000 barrels per day though the volume could be upgraded to 500 thousand barrels of crude oil.
Read More »Iran Looks to Ramp Up Production
Iran plans to increase its condensate production to reach 864.000 bpd within five years.
Read More »The World’s Largest Offshore Oil Field Is Back in Action
Whatever the outcome. after several years of stagnation since 2010. Kazakh crude output will rise in both mid- and long-term.
Read More »UK`s Oil Industry `Entering Final Decade of Production`
The UK urgently needs a bold energy transition plan. instead of trusting to dwindling fossil fuel reserves and possible fracking.
Read More »OPEC`s Rebalancing Strategy Shifts as US Oil Imports Drop
The global oversupply and competition from US Shale are persistently challenging the oil cartel'.s plans.
Read More »Sub-$50 Oil Could Kill Shale
There are a few reasons to be skeptical that the momentum will carry crude prices higher than current levels.
Read More »China`s Oil Demand Is Growing at More Than Double Last Year`s Pace
China may indeed join the ranks of countries banning fossil fuel vehicles.
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