Tag Archives: Energy Today

The topics of the meeting. first of all. include cooperation in the field of energy.

With US rig activity stalling and Iran sanctions looming. the oil market outlook is tightening.

Refinery operations are set to begin in 2019. with petrochemical operations to follow six to 12 months later.

Tripoli was shaken by clashes between rival armed groups at the beginning of this month.

The prospective phase is envisaged to produce 12 million liters of Euro-5 gasoline and diesel.

OPEC. Russia and other non-members agreed in June to return to 100 per cent compliance with oil output cuts that began in January 2017.

Russia'.s Yamal LNG plant has offered cargoes for winter delivery to Asia.

The emirate. which is the world’s top LNG exporter. has already poured US$29 billion (25 billion euro) in various Germany ventures.

The US company stated that it would invest billions of dollars.

American oil production remained at its highest level ever at 11 million barrels per day.