Turkey agreed only to pave one thread of ``flow`` on its territory for 15.75 billion cubic meters per year.
Read More »Algeria to Attract Oil Companies with Tax Incentives
Oil and gas together account for 95 percent of Algeria’s export revenues and contribute 60 percent to its annual budget.
Read More »Blocking Saudi Nuclear Plant Opens Door to China
A US failure to build civilian nuclear reactors in Saudi Arabia may allow countries that lack nuclear proliferation standards to step in.
Read More »The Next Natural Gas Hotspot
Gas production in Egypt went into steep decline several years ago due to price controls and lower investment from international companies.
Read More »East Med Gas could Supply Europe
ExxonMobil and partner Qatar Petroleum are also scheduled to drill southwest of Cyprus in the second half of this year.
Read More »Trade War could Hurt US LNG Exports as US Makes Stupid Move
China is in the urgent process to expand its consumption of natural gas.
Read More »Iraq to Increase Oil Income. Decrease KRG`s Share
The first international flight landed at Erbil airport on Monday morning.
Read More »China becomes Number Two Importer of U.S. Crude
Energy Outlook forecasts U.S. crude oil production to increase by 1.4 million b d in 2018 and the Brent-WTI spread to average $3.96 b.
Read More »US Crude Exports Becoming Significant Presence in Global Oil
The US cannot become completely independent of foreign oil.
Read More »Gazprom Intends to Move Traders Back To Russia
Gazprom employs around 2.000 people at its overseas trading and export divisions. including some 1.000 staff in London.
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