Tag Archives: Bloomberg News Agency

The Trump administration is supporting the LNG export industry further.

Iran currently produces about 3.8 million barrels per day (mb d) and exports about 2.2 mb d. plus 400.000 bpd of condensate.

The world economy is ``almost as good as it gets.`` with one of the best performances since the global financial crisis of 2008-09.

Adnoc plans to merge ADMA-OPCO with the Zakum Development Co.. or Zadco. of which it also owns 60 percent. by the end of the year.

There are some 25 companies that have been studying and preparing—at various stages—to develop water pipelines for shipping away this produced water.

Further delays to cuts in government subsidies will not come as a surprise as security officials in the country deal with low level unrest.

There are still not enough signs of investment beginning to return. and that raises the risk of tightening of the market in the next five years and a risk to the stability of oil prices.

Smuggling is causing major headaches right now with regard to the fresh round of sanctions the UN imposed on North Korea.

China. the world’s biggest oil consumer after the U.S.. has sought a foothold in crude production everywhere from Africa to Canada.

If the US$2-trillion valuation becomes a reality. the IPO could bring in US$100 billion. which would make Aramco’s IPO the biggest in history.