In 2016. Daewoo Shipbuilding delivered an LNG ship with the PRS system to a client for the first time in the market.
Read More »Nigeria’s Crude. Second Highest Valued in 2017 Reference Basket
An average of 692.600bd of the country’s crude oil went to Europe in 2017.
Read More »Russia will Develop Two Joint Fields between Iran.Iraq
Iran is negotiating with Russia’s Gazprom Company for the development of Azar and Changooleh oilfields shared between Iran and Iraq.
Read More »Asian Markets in Negative Territory
In the currency market. the U.S. dollar is trading in the mid 110 yen-range on Monday.
Read More »ExxonMobil Mulls Importing LNG to Australia
The facility could open by 2022.
Read More »Nord Stream-2 Project is Purely Commercial. not Political
In Germany and Finland. Nord Stream 2 AG has already received a full set of permits for the construction and operation of the gas pipeline.
Read More »Venezuela Oil Production Dramatic Decline
IEA forecasts that Venezuela’s oil production could drop to Just 800.000 bpd or even lower next year.
Read More »Norway Looks to Build Its First Offshore Floating Wind Farms
Norway is pushing to potentially construct its first offshore floating wind farms.
Read More »Unipec`s Uncertainty as Beijing Threatens 25% Tariff on US Crude Imports
All crude oil imports into China are currently exempt from tariffs.
Read More »Russian Gas Giant Gazprom Cut Off from International Capital Markets
The litigation between Gazprom and Naftogaz at the Stockholm Arbitration Institute was related to the terms of a contract on gas transit through Ukraine made eight years ago.
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