Output is falling. cash is drying up and oil workers have fled the country because of food shortages and violence.
Read More »China Drives Natural Gas Demand Boom
BP sees Chinese demand for oil surging 61 percent. and gas demand soaring 186 percent by 2035.
Read More »Novatek plans LNG reload terminal in Russia’s Far East
Novatek has signed a preliminary agreement with Kamchatka Territorial Government to build the terminal.
Read More »Singapore to Go Green with Gloating Solar. Storage Systems
Singapore is pushing forward with plans to store intermittent solar energy.
Read More »ISIS Driven Out of Syria`s Largest Oil Field
The government lost the al-Omar field to other insurgents in 2013.
Read More »Iraq Sends Reinforcements to Kirkuk Oil Fields
Large police troops were dispatched to Kirkuk oil fields as part of a plan to secure oil facilities there.
Read More »OPEC at Odds with Rosneft Over Oil Outlook
The agreement comes amid tensions over Kurdish claims to sovereignty with reports of armed clashes between Kurdish forces and Iraqi government troops.
Read More »China Is about to Do for Global Gas Demand What It did for Oil
The major risk to future gas demand is the possibility that renewable power sources will take a larger slice of the global energy pie faster than now expected.
Read More »Iraq Appoints New Governor of Oil-Rich Kirkuk Province
Since the 2003 U.S.-led invasion of Iraq. oil-rich Kirkuk has remained the subject of dispute between Baghdad and the Erbil-based KRG.
Read More »S Korea Eager to Invest in Iran’s Oil Industry
The government of South Korea supports S Korean companies willing to invest in Iran.
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