India will work to create a network with other major oil buyers in Asia to negotiate better terms with sellers.
Read More »Decline of US Natural Gas Storage
Some natural gas storage operators have reported net withdrawals from base gas. beginning with the week ending 6 April 2018.
Read More »Another OPEC Member Suffering from Sharp Decline
While plunging output in Venezuela captures the oil world’s attention. problems are quietly festering in another OPEC nation.
Read More »Russian Diplomat Names Conditions for Nord Stream 2 Project Fulfillment
The Nord Stream 2 gas pipeline is scheduled to be put into operation in late 2019.
Read More »Iraq Could Overtake Turkey by Importing More Iranian Gas
Basra. Iraq'.s second largest city. needs Iranian gas to feed its power plant.
Read More »Oil Prices Decrease. but Concerns Persist over Iran Supplies
Surging U.S. production. which rose to 10.59 million bpd last week. has encouraged record-high U.S. exports.
Read More »NOC Discusses with BP and Eni Resumption of Oil Exploration Activities
BP signed a major exploration deal in Libya in 2007 but put its onshore plans on hold in 2014 because of security concerns.
Read More »OPEC. Non-OPEC Oil Ministers to Meet on June 23
Ministers from OPEC and non-OPEC oil-producing countries plan to meet in Vienna on June 23.
Read More »Russia is Ready to Facilitate Cooperation between North. South Korea
Russia is Ready to Facilitate Cooperation between North. South Korea.
Read More »Oil Prices Rise on Iran Sanctions Worries
Trump will decide by May 12 whether to restore the sanctions. which would probably result in a reduction of Iranian oil exports.
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