Brent Crude prices have been holding above $80 a barrel.
Read More »U.S. Drillers Add 11 Rigs
The oil and gas rig count is now 135 up from this time last year.
Read More »Finland Grants Funding for Wind Power Projects in Developing Countries
The new cooperation agreement is an extension of the original 114 million euros climate fund that Finland established in collaboration with the IFC last year.
Read More »Russia will Export Electricity to Iran as of 2019
The first trial electricity supplies from Russia to Iran via the Russia-Azerbaijan-Iran energy corridor may start as early as 2019.
Read More »Gazprom. SOCAR Consider Gas Supply to Azerbaijan
Gazprom Export LLC and SOCAR signed a contract on gas supply to Azerbaijan on Nov. 21. 2017.
Read More »Iraqi Oil Company Considers Rising Output
The BOC-operated fields will add 700.000 bpd to overall production by 2024.
Read More »Total Chief Executive does not Deny Merger with ENI
France’s Total has been seeking a merger with ENI for decades .
Read More »World’s Biggest Traders Predicts Oil at $65-$100 a Barrel Next Year
Emerging-market crises and trade disputes could dent global demand.
Read More »OPEC Oil Output to Average 32.46 Million b d in 2018. 32.14 Million b d in 2019
Total OPEC oil production is expected to average 32.46 million b d in 2018. down 220.000 b d from 2017.
Read More »China Cuts U.S. LPG Imports amid Trade War
The United States last year accounted for about 20 percent of China’s total LPG imports.
Read More »