Tag Archives: Development

Sanctions against Iran could contribute to a ``nasty gap`` in the market at year-end.

Iraq has continued to flare some of the gas extracted alongside crude oil at its fields because of lacks of facility.

One of the reasons behind the shift of Qatar’s gas strategy is the ongoing Saudi-led embargo.

India. Iran’s second-biggest oil client behind China. has already reduced its intake of Iranian oil.

Shell said in 2014 that the project could cost as much as C$40 billion ($31 billion).

Russia. a major oil and gas producer. pumps around 11 million barrels of crude per day.

Some traders are forecasting that the sanctions could remove up to 1.5 million barrels per day of crude from the market.

An Edinburgh-based tidal energy firm will sit down with G7 ministers today to discuss the future of the offshore renewable energy sector.

OPEC and its non-OPEC allies will gather in Algeria over the weekend to review compliance with existing cuts.

Crude oil exports from southern Iraq are close to a record-high so far in September.