Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.
Read More »Global Wind Installations Fall 14 Percent in 2016
Almost every global market beyond China experienced growth in wind development.
Read More »NIOC: IPC Tenders Postponed Due to Elections
The giant South Azadegan Oilfield near the Iraqi border has been singled out as the first field to be tendered under the new terms.
Read More »Pakistan to Overcome Energy Crisis in 6 Months
Pakistan would do away with the deficit gas production by importing 3bcfd by December 2018.
Read More »BP to Supply 16 LNG Cargoes Year to Indonesia`s PLN from 2020
This is one of six natural gas supply agreements worth a combined $5 billion.
Read More »Iran Sets New Terms for Gas Field Award
Farzad-B was discovered by OVL in the Farsi block about 10 years ago.
Read More »Chevron`s Most-Costly Mega Project Hits New Obstacle in Australia
LNG import prices in Japan. the world’s biggest buyer. averaged about $9 per million British thermal units in 2009.
Read More »Samsung Heavy Industries Awards Marine Compressed Air System Contract
Höegh LNG has one of the world’s biggest fleets of TMC compressors for FSRUs.
Read More »Vietnam’s Second Oil Refinery Start-Up Postponed Until 2018
The delay of additional oil product supplies in Asia could be good news for refiners. but could weigh on the crude oil market.
Read More »Aramco Boosts Fuel Trading in Fight for Asia. Africa Sales
Aramco has said the 400.000-bpd Jazan refinery will start next year.
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