Tag Archives: International News Agency

The 5-year average is close to balance because of OPEC-led efforts to drain the surplus.

Qatar aims to have boosted its LNG export capacity from the current 77 million tons to 100 million tons annually.

OPEC on Tuesday said that the oil market outlook in the second-half of 2018 is highly uncertain and warned of downside risks to demand.

Saudi Arabia has enjoyed diplomatic ties with the US for decades.

Crude oil production in Venezuela is practically falling at an average of 10% every quarter and has been since mid-2017.

Power generation from natural gas is estimated at 34% in 2018 and 34.1% in 2019. up from 30.1% in 2017.

Kim Jong Un pledged at a historic summit on Tuesday to move towards complete denuclearisation.

The next meeting of the parties to the deal will be held on June 23 in Vienna.

Yerevan Thermal Power Plant is willing to import more gas to deliver more power to Iran in peak demand hours.

The chemicals business is Aramco’s key strategy.