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Goldman Sachs believes that the price of oil and other commodities are set for a rebound next year.
Read More »Oil Prices Set For Rebound In 2019
Saudi Aramco to Invest $500 bln for Expansion Strategy
The spending would be in addition to the oil giant'.s proposed purchase of a majority stake in SABIC.
Read More »Sonatrach Suspends Oil Operations in Libya
Sonatrach has transported its equipment on the Libyan territory to Algeria through the crossing border of Ghadames.
Read More »Shell Discovers over 1trn Cubic Feet of Gas in Eastern Nigeria
The company encountered 1.5Trillion cubic feet of gas and 42 Million barrels of condensate. in shallow and deep reservoirs.
Read More »GE and Two Banks to Fund Iraq`s Power Sector
The financing will help deliver and secure more than two gigawatts of new power.
Read More »India will Double Natural Gas Usage
The Indian government has not yet disclosed the price tag for making this significant switch away from crude and toward natural gas.
Read More »Venezuela Reaches $1.4 Billion Deal to Avoid Losing Control of Citgo
Venezuela has struck a $1.4 billion deal to retain control of Citgo Petroleum Corp.
Read More »CNPC Replaces France`s Total in South Pars Gas Project
CNPC already holds a 30 percent stake in the giant field.
Read More »Argentina to Start 1st-Ever LNG Exports in 2019
The FLNG unit will be redeployed as Tango FLNG to produce and export LNG from Vaca Muerta. one of the few shale gas plays in production outside the U.S.
Read More »Turkey Accelerates Its Efforts to Become Energy Trading Hub
TurkStream is one of the vital energy projects for Turkey to become an energy trading hub.
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