India’s economic development is likely to have a considerable impact on future international energy markets.
Read More »Aramco Plans to Boost Oil Capacity by 550.000bpd in Q4
The capacity of the giant Khurais oil field will be expanded by between 250.000 bpd and 300.000 bpd.
Read More »China Decides to Build First LNG Power Plant
The plant is expected to cost some US$400 million.
Read More »Saudi Crown Prince will Discuss Neutral Zone Oil Output during Kuwait Trip
Saudi Arabia is the world’s top oil exporter and OPEC’s de-facto leader.
Read More »Saudi Arabia Plans 10% Increase in Spending to Spur Economic Growth
Despite efforts to expand the economy. growth will remain under 2.5 percent during the next three years.
Read More »US Considers Alternative Oil Supplies for India
The United States is consulting with all of its friends and partners to discuss the implementation of the sanctions after the snapback.
Read More »Sinopec Stops Iran Oil Loadings under U.S. Pressure
Beijing has repeatedly defended its energy trade with Tehran. worth about $1.5 billion a month.
Read More »Iraq Aims to Ramp Up Production at Newly Restarted Oil Field
The Qayara oil field was shut-in for years until last year. due to the war with Islamic State.
Read More »Erdogan. Merkel Confront Trump to Choose Gas Supplier
American LNG is facing strong competition from Russian pipeline gas.
Read More »Iraq Begins Producing Gas from Nasiriya Oilfield
Iraq has continued to flare some of the gas extracted alongside crude oil at its fields because of lacks of facility.
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