Tag Archives: International Companies

Egypt is becoming an important gas and electricity hub that can provide energy security for the EU.

China’s LNG imports may surge 70 percent to 65 million tonnes by 2020.

The country’s refining capacity is currently at more than 700.000 barrels a day.

With US rig activity stalling and Iran sanctions looming. the oil market outlook is tightening.

Refinery operations are set to begin in 2019. with petrochemical operations to follow six to 12 months later.

Russia'.s Yamal LNG plant has offered cargoes for winter delivery to Asia.

The emirate. which is the world’s top LNG exporter. has already poured US$29 billion (25 billion euro) in various Germany ventures.

The US company stated that it would invest billions of dollars.

American oil production remained at its highest level ever at 11 million barrels per day.

Total signed a contract in 2017 to develop phase 11 of the field with an initial investment of $1 billion.