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China expects that gas demand will rise to between 320 and 360 billion cubic meters per year by 2020.
Read More »US Gas Exporters Rush to Sell LNG to China
A Chilled ‘Thank You’: Russia to Send China First Arctic LNG
Novatek plans to work on another LNG plant once its Yamal capacities are launched.
Read More »Russian Oil Companies Discuss Joint Projects in Iran
Russia’s state-owned Rosgeologia is in talks with Zarubezhneft. Gazprom Neft and Lukoil on joint implementation of projects in Iran.
Read More »Saudis Set $500 Billion Plan to Develop Zone Linked with Jordan and Egypt
Saudi Arabia will need huge financial and technical resources to build NEOM on the scale it envisages.
Read More »BP Eyes Smaller Renewable Investments to Avoid Repeating Losses
Some of those investments failed to pan out and BP in 2011 wrote off its solar business.
Read More »Total`s CEO Says will Try to Move Ahead with Iran Gas Project
Total would wait to see the consequences of Trump’s decision.
Read More »Iraq Wants to Bring Back BP after Regaining Control of Kirkuk Oil
BP has a stake of nearly 20 percent in Rosneft and Dudley said he was very happy with the partnership and future projects.
Read More »New European Company to Acquire Gas from Shah Deniz 2
Edison will acquire 100 percent of Gas Natural Vendita Italia (GNVI).
Read More »Asia Oil Buyers Turn to U.S. in Hunt for Cheap Supply
China remains the largest buyer with four tankers. followed by three to South Korea and two to India. The remaining two could head to Singapore. the data shows.
Read More »Petronas Looks to Exit from Iraq’s Majnoon Field
The field. located near the southern Iraqi city of Basra. pumped its first oil in September 2013.
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