The deal will keep busy CMA CGM’s nine newbuild container ships. scheduled for delivery starting 2020.
Read More »Saudi Oil Minister Says Cuts to Stay Until Market Balanced
U.S. drillers added two oil rigs to reach 749 in the week ended Dec. 1. the highest level since late September. according to Baker Hughes.
Read More »Europe Buys 40% of Iran Oil in November
European companies resumed purchase of oil cargoes from Iran since implementation of the Joint Comprehensive Plan of Action (JCPOA) in 2015.
Read More »OPEC Deal could Produce a Goldilocks Scenario for Saudi Aramci IPO
At $60. the Kingdom and some other Gulf countries (though not Oman and Bahrain) will probably run a current account surplus for 2018.
Read More »Iran. Oman Ink Deal on Gas Export Project
Iran has for long been discussing with Oman to produce LNG in its Qalhat liquefaction plant.
Read More »Russia Warns Denmark on Gas Pipeline
The US earlier this year threatened to impose fines on EU firms that invested in the pipeline.
Read More »China Receives over 200 bcm of Central Asian Gas
The pipeline'.s length is 1.830 kilometers and its total capacity is 55 billion cubic meters a year.
Read More »How Big Oil Is Transforming Shale
The IEA estimates that the wave of energy digitalization could lower the cost of production by 10 to 20 percent.
Read More »Iran Open to Investment from Russia Oil Giants
Iran is eager to attract investment from big Russian oil companies. and is ready to cooperate with Russia in the oil and gas industry.
Read More »Pakistan in LNG Talks with France. Italy and Spain
Pakistan is already one of the fastest-growing LNG markets.
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