Tag Archives: Energy Business Review (EBR)

Gazprom covers about one-third of European consumption.

Oil traders are looking at the evolution of the category 4 Hurricane Florence. which is expected to make landfall in the USA coast by Friday.

OPEC'.s decision will affect economic outlook in Nigeria if the price drops below $51 or if the country is unable to boost its oil production.

Now Russia and Saudi Arabia are discussing opening the taps by an extra million barrels per day.

Concerns raised by the United States that oil prices were too high also made the exporting group start internal discussions.

Since the fourth quarter of last year. SK Incheon Petrochem has cut its monthly Iranian condensate imports by nearly half to 1.1 million barrels.

The Kirkuk’s fields including Bai Hassan and Avana currently pump 140.000 to 150.000 barrels a day.

The Gulf of Suez wind farm will be operated by Engie which will have an ownership stake of 40%.

The 14 members of the Organization of Petroleum Exporting Countries pumped 32.47 MMbpd.

Under the contract. Siemens will be responsible for the construction of the a 650MW open cycle power plant in Misrata.