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Russian LNG Production Sees Modest Jump in 2020

Russia’s liquefied natural gas production rose by 3.5 percent last year to a total 30.5 million tons, according to data from Rosstat, the country’s official statistics agency. In December alone, Russian producers turned out 2.85 million tons, which was up 1.4 percent on the year and 5.8 percent on November, …

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OPEC Oil Output Rises for 7th Month in January

Oil output of the Organization of the Petroleum Exporting Countries (OPEC) rose for the seventh straight month in January, with Nigeria recording the biggest output decline, according to a Reuters survey. The output increased by 160,000 barrels per day (pbd) to reach 25.75 million in January compared with the previous …

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India Takes Steps to Become Full Member of IEA

Preparatory to becoming a full member of the International Energy Agency (IEA), India has signed a “Framework for Strategic Partnership” with the IEA. India is currently an “Association Country” of the IEA, but it is seeking full membership of the Agency. The framework will “strengthen mutual trust and cooperation and …

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