Wood Mac notes growing worry about a global economic downturn in its report.
Read More »2019. A Record Breaking Year For LNG
Political factors are one of the reasons that Novatek’s Arctic-2 LNG project in Russia has a high chance of succeeding.
Read More »BP Approves Development of Oil Field in Gulf of Mexico
BP and Shell hold equal stakes in the Manuel discovery.
Read More »Saudi Aramco to Build Oil Refinery in Pakistan
The oil refinery project will be the biggest Saudi investment in Pakistan.
Read More »Goldman Cuts Oil Price Forecasts for 2019
A surge in OPEC production in late 2018 means the market started this year better supplied than the last.
Read More »SOCAR Looks At Increasing Investments in Turkey
SOCAR also plans to purchase Turkish assets of the German energy giant EWE.
Read More »2019 will See a Record Amount of LNG capacity
60 million tpy of LNG capacity could receive a final investment decision (FID) this year.
Read More »Gas Flow from Russia Puts Pressure on Market
Europe’s LNG imports are expected to increase by 14% to 56 Bcm.
Read More »No Barrier to Record Russian Oil Output in 2018
The country expects its total oil output to hold steady over the full year.
Read More »Iran may Still Invest in Chennai Petroleum Expansion
The exemption will allow Indian refiners to settle about $1.5 billion of outstanding payments to NIOC through direct rupee payments.
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