The group is ``extremely assured. optimistic`` for oil in the short and medium term. with investments flowing back sooner than later.
Read More »No Change in Iran-Total Contract
Despite the US pressures. western companies are still interested in investment in Iran.
Read More »IEA Chief Sees Oil Markets Tightening toward Second Half of 2018
The global oil market could tighten towards the second half of 2018 if demand remains robust.
Read More »Statoil to Drill 5-6 Wells in Arctic Barents Sea in 2018
Statoil plans to drill between 25 and 30 wells in Norwegian waters in 2018.
Read More »2 Gulf Oil Ministers Mum on Issue of Oil Production Cuts
Both OPEC and non-OPEC members are expected to continue the cuts into 2018 to help keep prices rallying.
Read More »EU Still Giving Gas Projects `Fast-Track` Status
Gas is a fossil fuel that contributes to global warming. but it is often framed by industry as a ".bridge fuel". that will be needed longer than coal and oil.
Read More »Tehran. Yerevan Mull Energy Cooperation
Iran'.s gas supply to Armenia is seasonal and Turkey is the only country that purchases Iranian gas throughout the year under a long-term contract.
Read More »LNG Shipping. Tomorrow’s Challenges
Japan. far from losing its LNG leadership. is positioning itself to supply cargoes to new markets around the world.
Read More »Venezuela`s PDVSA in Talks to Supply Gas to Neighbors
Venezuela injects most of the natural gas it produces back into oilfields to help maintain pressure and crude output.
Read More »JCPOA Promotes Coop. on Peaceful Nuclear Energy
JCPOA reflects a culture of cooperation to ensure the peaceful use of nuclear energy.
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