Tag Archives: Energy Today

The investments required to build the complex will be shared equally by both companies.

Iran is the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC).

Washington had escalated its willingness to threaten sanctions in pursuit of its foreign policy goals in recent months.

Fears of a global economic slowdown could be behind the rare move.

The 15 countries in OPEC produced an average 33.31 million barrels per day in October.

A month later. Russia’s production alone hit another post-Soviet record of 11.41 million bpd.

OPEC agreed in June to pump more oil after pressure from U.S. President Donald Trump to curb rising prices.

There are ongoing transformations at the level of OPEC’s member countries.

The number of LNG bunkering vessels has grown from one at the beginning of 2017 to six in early 2018.

There is a great need for oil and gas nations to diversify their economy.