The Trump administration welcomes competition with Russia. but Moscow can no longer use energy as economic weapon.
Read More »Iran will Contribute more than 50% of Middle East’s Oil and Gas Pipeline Additions to 2022
Iran has new build capital expenditure (Capex) of around US$22.3 billion for the forecast period.
Read More »Russian Oil Output Jump to a New Record before OPEC Talks
Russia’s output increase comes just days before it meets in Algeria with other members of the group known as OPEC+.
Read More »Exxon Mobil. Chevron Join Global Coalition to Address Climate Change
Exxon. Chevron and Occidental are now the first U.S. energy companies to join the Oil and Gas Climate Initiative.
Read More »Iraq’s Oil Production Challenges
Iraq had oil reserves of 153 billion barrels as of last year.
Read More »Crude Oil Futures Stable amid Higher US Rig Count. US-China Tension
In the Permian Basin. the US'. most active oil and gas producing area. the rig count fell by one to 483.
Read More »Shell Plans to Limit Methane Emissions from Oil and Gas Operations
Methane is released into the atmosphere mostly through leaks in gas infrastructure such as pumps and pipelines.
Read More »U.S. to Begin LNG Deliveries to Germany in Four Years
Qatar has expressed interest in selling LNG to Germany.
Read More »Egypt Signs Two New Oil Drilling Agreements
The oil sector managed from June 2014 until now to sign 63 new oil and gas exploration deals.
Read More »New Yamal LNG Carrier Named
MOL highlights that the Arctic is a rich repository of natural resources.
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