Tag Archives: Gulf News

The global agreement to limit production is making progress in re-balancing supply and demand for oil.

OPEC and allied oil producers should extend their production cuts beyond March to help rebalance the market.

The US began its first major international LNG shipments in 2016.

Short term improvement in oil prices may slowdown fiscal reforms.

GE will lead the consortium. which includes Spain’s TSK. which will build 13 turbines.

Aramco. which is leading construction of the shipyard. did not reveal the value of the contract.

It may be a challenge for Libya to maintain its current rate of exports.

Libya and Nigeria have seen a significant increase in oil production in May and June.

Gulf states accounted for 11.8 per cent of natural gas production in the world.

Nearly a third of the UK’s gas imports are from the tiny Gulf state.