OPEC meets at the end of this month and has been widely expected to extend the deal.
Read More »U.S. EIA Lifts 2018 World Oil Demand Growth Forecast
In its monthly forecast. the agency cut its oil demand growth estimate for 2017 by 40.000 bpd to 1.31 million bpd.
Read More »Surge in Car Ownership to Drive Oil Demand Growth – OPEC
OPEC noted that advances in internal combustion engines has also made them more efficient.
Read More »IEA Welcomes Greece`s Progress with Energy Sector Reform
Greece'.s economy is decoupling economic growth from increases in CO2 emissions but at a slower rate than the average for IEA member countries.
Read More »Iran. Serbia Seeking to Boost Tourism. Energy Cooperation
A surge in Iran-Serbia trade and economic and technical collaboration will benefit both nations.
Read More »Iran`s NDC. French Firm Sign Drilling Agreement
North Drilling Company specializes in drilling oil and gas wells in the Persian Gulf. Caspian Sea. Turkmenistan and the Iranian provinces of Khuzestan. Ilam and Bushehr.
Read More »Is This The Cure To Saudi Arabia’s Oil Curse?
The country hopes to double the number of tourists by 2020 from the 8 million expected this year.
Read More »Trump’s China Trip To Reap Billions In Energy Deals
The potential Sinopec investment in U.S. energy assets and creation of jobs in hurricane-hit areas will not be President Trump’s only mission on his Chinese visit.
Read More »Total’s Delay on Gas Project Raises Doubts in Iran Parliament
Total has a 50.1 percent share in the 20-year deal. The state-owned China National Petroleum Corp. has a 30 percent stake and Iran’s Petropars has 19.9 percent.
Read More »Exxon Exit Deals Blow to Pakistan Plans for LNG Imports
The new project would include a FSRU. where LNG would be converted back into gas for feeding into the country’s grid.
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