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Goldman Sachs raised its three-month forecast for Brent to $75 from $62 and its six-month forecast to $82.50 from $75.
Read More »Oil Rises as OPEC Compliance Remains in Place
Iraq to Boost Majnoon Oilfield Output to 450.000 bpd in 3 Years
Chevron. Total and PetroChina may form a consortium later on to take over the development of the field.
Read More »Putin: No Need to Be Afraid to Talk about Shipments of Russian Gas to US
Yamal LNG is located in the Russian Arctic.
Read More »Shareholders of Nord Stream 2 have Invested about $3 Billion in the Project
The cost of building the gas pipeline is €9.5 billion.
Read More »ADNOC Seeks to Boost Petrochemicals. Technology Partnership with China
State-owned oil firm is already a major energy and petrochemical supplier to the Asian country.
Read More »Qatar is Paying the Price for Saudi`s Oil Strategy in Asia
Qatar is suffering from the repercussions of Saudi’s sales strategy.
Read More »Kuwait to Invest in $500B on Oil and Gas Projects by 2040
Around 90 percent of Kuwait'.s state revenues come from oil.
Read More »Iraq Loosens Oil Shackles for Premium Prices
SOMO is expected to announce its March official selling prices for Asia. Europe and U.S.-bound supplies around the 10th of February.
Read More »TAPI Unlikely to Challenge Iran-Pak Pipeline Project
TAPI is a planned 1.800-kilometer stretch of pipeline aimed at transferring natural gas from Turkmenistan to India.
Read More »IEA: End of OPEC Production Cuts in June Would Be Surprise
The U.S. will add about 1 million barrels a day of new supply this year.
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