The country has a nameplate capacity of 88 million tonnes.
Read More »Putin Says to Respond to US Sanctions on Nord Stream 2
The U.S. sanctions over the pipeline would affect bilateral relations between Moscow and Washington.
Read More »Aramco to Be Worth more than $2T
Aramco shares will begin to be trade publicly on Saudi stock exchange Tadawul next week.
Read More »OPEC Asks Settlement To Tensions Between US And Iran. Venezuela
Both Iran’s and Venezuela'.s production woes have contributed significantly to the cartel’s over compliance to the group’s production cut quota.
Read More »Global Gas Consumption will Grow 1.6% Per Year
Eurasian demand is impacted by efficiency gains in the gas-fired power generation fleet.
Read More »UN Chief Urges Investigation into Gulf of Oman Attacks
UN Chief urged Friday an independent probe to investigate recent attacks on two oil tankers in the Gulf of Oman.
Read More »Oil Prices Rebound on Friday from Two-Month Low
Commercial crude oil inventories in the U.S. increased by 4.7 million barrels. or 1%. to 476.8 million barrels for the week ending May 17.
Read More »Oil Gains with OPEC Signaling Output Cut Extension
Tensions in the Middle East continue to risk secure supply of oil from the region to the global market.
Read More »Mediterranean Gas and Turkey-EU Ties
Turkey wants to diversify its energy sources.
Read More »Oil Prices Gain as China Set for Trade Talks with US
The U.S. goods and services trade deficit with China was $378.6 billion in 2018.
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