Saudi Aramco has announced that it will be pumping $110 billion over the next couple of years to develop the Jafurah gas field.
Read More »Saudi Arabia`s Jafurah Project to Make the Country a Gas Exporter
Saudi Aramco has already completed a number of gas processing projects.
Read More »Global LNG Glut Drives Cancellations at Key U.S. Shale Terminals
A buyer of liquefied natural gas has canceled two cargoes from Cheniere Energy Inc.. the biggest U.S. exporter. as a global glut pummels prices for the fuel and threatens to shut a key outlet for shale production.
Read More »LNG Market Rout Offers Glimmer of Hope
The hit to Chinese demand for LNG due to coronavirus has exacerbated the already weak market.
Read More »Romania’s Transgaz Joins US-Led LNG Network Project in Eastern Europe
Industry sources claim that Transgaz would also like to participate in this project.
Read More »2019 Oil Market Hotbeds
It is not popular for a pro-OPEC oil analyst to start analyzing the market focusing on demand side.
Read More »Cheap Natural Gas Helps Europe`s Shift away from Coal
Cheaper natural gas prices this year are likely to cement Europe’s shift away from coal as a fuel for producing power.
Read More »Brazil Stays out of OPEC to Maximize Its Output Expansion
Petrobras has a lot of oil and lot of areas to exploit. but it doesn’t have enough funds to prospect all these areas.
Read More »Global Oversupply Sets Up LNG for a Year of Record Low Prices
Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.
Read More »Brazil to Stay Out of OPEC to Make the Most of Output Expansion
Brazil. which became a net oil exporter last year. wants to expand its footprint in global energy markets without joining OPEC.
Read More »