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Vietnam and China have long been locked in a maritime disagreement over the resource-rich waters of the South China Sea.
Read More »U.S. Criticizes China`s `Bullying Behavior` over Energy Claims in South China Sea
Saudi Arabia Explores Investment Opportunities in Gas Projects Globally
The company also plans to expand its Tanajib onshore oil facilities and construct a new gas plant.
Read More »OPEC Expects Lower 2020 Demand For Its Oil
OPEC. Russia and other producers have since Jan. 1 implemented a deal to cut output by 1.2 million bbl d.
Read More »IEA Concerned About Impact of Middle East Tensions
Strong growth in the price of U.S. shale oil has also contained stronger increases.
Read More »US Crude Oil Production Records High In March
U.S. monthly output peaked at 11.966 million bbl d in December.
Read More »Russia will Consider Extending Oil Output Cut with OPEC
OPEC. Russia and other producers agreed to cut output by 1.2 million barrels per day (bbl d) from January for six months to boost oil prices by reducing global inventories.
Read More »US Crude Oil Inventories Highest Since July 2017
Crude inventories rose 4.7 million barrels in the week ended May 17. compared with analysts'. expectations for a decrease of 599.000 barrels.
Read More »Sanctions Bill on Nord Stream 2 Coming Soon
The opposition to Nord Stream 2 is still very much alive and well in the United States.
Read More »OPEC In The Dark On Oil Supply
The dearth of information is a headache for OPEC and allies led by Russia.
Read More »OPEC Could Raise Oil Output If Prices Increase
In 2018 OPEC+ decided to increase output at its mid-year meeting. only to return to production cuts in 2019.
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