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Geopolitical consequences aside. market experts believe that the situation around Qatar may serve to become a positive factor for rising oil prices.
Read More »Qatar`s Fall from Grace a Blessing for Oil-Dominated Economies
Qatar Diplomatic Row Unlikely to Affect Vienna Agreement
Russia does not expect the latest regional diplomatic crisis with Qatar to affect an agreement among major producers to cut oil output.
Read More »Algeria Completes New Natural Gas Pipeline
Algeria has announced plans to increase gas output to 141.3 billion cubic meters (bcm) this year and 143.9 bcm in 2018. from 132.2 bcm in 2016.
Read More »Oil Slumps to 3-Week Low
Traders covered short positions ahead of OPEC and some of these have now been re-established.
Read More »Libya Biggest Oil Field Recovery Boosts OPEC Country`s Output
Production at Sharara had dropped earlier this month due to technical problems.
Read More »OPEC Considers How to Coexist with U.S. Shale Oil
For all OPEC members. $55 [per barrel] and a maximum of $60 is the goal at this stage.
Read More »Iran will Host Int`l Gas Research Conference
More than 140 members of IGU are associations and corporations representing over 95% of the global gas market.
Read More »OPEC`s Decision May Support Oil Prices within $50-55
Non-shale non-OPEC production. which has been resilient so far. is likely to require material reinvestment in new and existing projects over the coming years.
Read More »Iranian Navy to Dispatch 47th Fleet to High Seas
The Iranian Navy has been conducting anti-piracy patrols in the Gulf of Aden since November 2008.
Read More »Yemen Joins the Club of Gas Exporters
The LPG project is the largest project in the history of modern Yemen.
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