The most crucial difference between Goldman and some other forecasters is the confidence in emerging market demand.
Read More »UAE Plans to Increase Oil Production
The United Arab Emirates (UAE) is seeking to increase its oil output by 5 million barrels per day by 2030.
Read More »Erdogan Warns Oil Companies against Drilling Near Cyprus
ExxonMobil. ENI and Total have all said they are committed to energy drilling near Cyprus.
Read More »Qatar Rearranges Cabinet
It was the first government reshuffle in Qatar. the world’s top liquefied natural gas producer.
Read More »Russian Crude Production ahead of OPEC Meet
Russian oil output peaked during the Soviet era. averaging 11.416 million bpd in 1987. according to BP data.
Read More »Iran Sanctions could Bring Biggest Oil Disruption in Years
In Asia. America’s closest allies Japan and South Korea have followed suit for now.
Read More »Saudi Aramco. SABIC Choose Yandu as Site for Crude-to-Chemicals Complex
The investments required to build the complex will be shared equally by both companies.
Read More »Egyptian Intel Is Big Gainer From Israeli Gas Deal. Report Says
The Egyptian intelligence service is slated to receive 80 percent of the income from East Gas.
Read More »World`s Largest LNG Bunkering Vessel Delivered
The number of LNG bunkering vessels has grown from one at the beginning of 2017 to six in early 2018.
Read More »Schneider Electric Wins $5.2M Deal to Build a Microgrid at California’s Port of Long Beach
Schneider Electric has won a $5.2 million contract to provide a microgrid for the nation’s second busiest port.
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