Annual spending is around £77billion too low to sustain production and ensure future demand growth.
Read More »Korea Gas Corporation to Solidify Its Leadership in Natural Gas
The company plans to invest around 3 trillion won ($2.6 billion) in the global projects between now and 2025.
Read More »Russia Talks New Energy Project with Exxon amid Looming US Sanctions
The US energy giant is currently participating in just one major project – Sakhalin-1.
Read More »India. Russia Cooperation on Russian LNG. Oil Field Development
India has embarked on the path of becoming a gas-based economy.
Read More »Rosneft Allows CNPC to Buy Siberia Project Stakes
This agreement concerns large oil and gas projects in eastern and western Siberia.
Read More »China`s another Chance in Mideast Energy with Total’s Iran Exit
Chinese companies have invested in Iraq. the United Arab Emirates and Iran in recent years.
Read More »China Seeks Investment Opportunities in Iran’s Small-Scale LNG Industry
Production capacities of small-scale LNG plants vary from 2.000 to 500.000 tons a year.
Read More »Total Officially Quits Iran’s South Pars Project
CNPC has now a 30 percent stake. while PetroPars holds the remaining 19.9 percent.
Read More »Trump`s Turkey Tariffs Rise to Hit Kinder Morgan Gas Pipeline Project
Trump cited the devaluation of the Turkish lira in his Friday decision to double the steel tariffs for imports from Turkey.
Read More »Kuwait is Borrowing $1.1 bn for Shale Push
Kuwait has long planned to increase its global capacity to produce oil and gas.
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