Russia produced 11.22 million b d in July. basically erasing its 300.000 b d pledged cut.
Read More »Petrobras Posts Biggest Profit since 2011 as Oil Price Rise
Sales rose in the second quarter to 84.4 billion reais. more than the 83.12 billion-real estimate of six analysts compiled by Bloomberg.
Read More »LNG to Become the Fuel of Choice for Shipping
The marginal cost of gas in transport is lower than that of oil-related fuels.
Read More »14 Experts to Speak on `The Power of Tomorrow` At CEPSI 2018
TNB is hosting the biennial event on behalf of the Association of the Electricity Supply Industry of East Asia and Western Pacific (AESIEAP).
Read More »Russian Gas is Cheaper than US LNG
LNG from the United States for Europe is at least 30-40% more expensive than the pipeline gas from Russia.
Read More »Saudi`s $500 Billion Futuristic Mega City NEOM
NEOM was announced by Saudi Crown Prince Mohammad bin Salman at the Future Investment Initiative conference in Riyadh on October 24. 2017.
Read More »Former IAEA Chief Criticize Trump`s Policy Towards Iran
The hostile actions of the United States against Iran nullified any possibility of talks between Iran and that country.
Read More »Kuwait is Borrowing $1.1 bn for Shale Push
Kuwait has long planned to increase its global capacity to produce oil and gas.
Read More »SABIC CEO Says Aramco Acquisition Talks are Only with PIF
JPMorgan and Morgan Stanley have been picked to advise on Aramco’s plan to buy up to a 70 percent stake in the petrochemical maker.
Read More »Rick Perry: America Is the Global Energy Leader
Trump intends to take some market share from Russia. which is the largest supplier of LNG to Europe.
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