Tag Archives: Asia

The UAE played a behind-the-scenes role in helping Ethiopia and Eritrea end a two-decade state of war last month.

Qatar aims to boost its LNG export capacity from the current 77 million tons to 100 million tons annually by 2024.

Total signed a contract in 2017 to develop Phase II of South Pars field with an initial investment of $1 billion.

The price for LNG shipment into key Asian markets is hovering around $10 per million British thermal units.

The two European companies are expected to proceed with drillings on plot 8 next autumn.

In the short term. supply is not seriously impacted. given that Saudi Arabia. Russia ramped up their oil production.

The United States hasn'.t been able to persuade China—Iran’s biggest oil customer—to reduce Iranian oil purchases.

The company appears to have begun negotiations with multiple companies to sell the project.

The two leading non-OECD oil markets. China and India. both remain on course to grow solidly this year.

At the last OPEC meeting in Vienna. the agreement was again extended until the end of 2018.