The current agreement is due to expire in March but there’s speculation that the group could opt to cut further if Russia agrees.
Read More »OPEC’s Failure to Deepen Oil Cuts may Drive Oil Price to $40
The challenge for OPEC+ is the strong supply growth elsewhere in the world.
Read More »UK Energy Storage Sector Sees Massive Growth
The total capacity of battery storage planning applications has soared from nearly 6.900MW a year ago to more than 10.500MW today.
Read More »ENGIE Unveils Plans for New Eco-Friendly Head Office
It will be powered by renewable energy. in addition to using smart grid as well as blockchain technologies.
Read More »Top Oil Firms Using Drones in Oil Industry
Drone makers are cooperating with oil and gas firms to develop custom drones equipped with data collection technology to obtain real-time insights.
Read More »Saudi Arabia Wants OPEC+ to Deepen Oil Cuts Due to Aramco IPO
The IPO will be priced on Dec. 5. the same day OPEC meets in Vienna. The OPEC+ grouping holds talks on Dec. 6.
Read More »Russia Starts Supplies of Gas to China via Power of Siberia Pipeline
Russia has started gas supplies to China via the Power of Siberia pipeline on December 2.
Read More »Nord Stream 2 Operator Works on Different Deadlines for Project Launch
The Nord Stream 2 gas pipeline is scheduled to be put into operation in late 2019.
Read More »Russia. Ukraine Gas War
The conclusion of a fixed-volume transit agreement would provide Ukraine with a steady and projected income.
Read More »TANAP Overcomes all Obstacles
The initial capacity of TANAP. which is the main segment of the Southern Gas Corridor. is 16 billion cubic meters of gas.
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