Tag Archives: Economy

Tthis country is the biggest in terms of crude oil reserves.

Brent crude prices stabilized on Wednesday after heavy losses the day before. with looming U.S. sanctions against Iran back in focus.

In its Gas 2018 annual report. the IEA said Chinese demand for natural gas will rise by almost 60 percent between 2017 and 2023 to 376 bcm.

``Davos in the Desert`` has more than 150 speakers from 140 different organizations and 17 global partner entities.

There’s a strong challenge for the key producers to increase production and comfort the markets.

Global supply next year could be helped by Brazil. Kazakhstan and the United States.

Iran’s oil exports could fall by as much as two-thirds due to the sanctions. straining oil markets.

Washington is pushing allies to cut imports of Iranian oil to zero.

The U.S. has undertaken several initiatives to improve the regulatory process for approval of LNG exports.

Both firms were roped in by the Iraqi government to help reduce gas flaring. which the oil ministry hopes to snuff out by 2021.