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GE shares were up 0.5 percent in premarket trade. However. the company’s shares have sunk 44 percent this year.
Read More »Troubled GE Slashes 12.000 Energy Jobs
Venezuelan Crude Exports to U.S. Fall To 15-year Lows
Venezuelan crude exports to the U.S. fell last month to their lowest levels since January 2003.
Read More »Wood Mackenzie Comments on Yamal LNG
Despite challenging operating conditions. Yamal LNG was delivered on time and on budget.
Read More »CNPC Warns of China Gas Shortages if Extreme Weather Hits
CNPC recently completed construction of a fourth string on its key Shaanxi-Beijing gas pipeline system.
Read More »Gazprom to Raise Investments in Iraq’s Badra Oilfield
The oilfield is now producing 85.000 barrels per day. according to the Iraqi oil minister.
Read More »Indonesia in Energy Crisis
The country consumes 1.4 million barrels of oil per day.
Read More »Booming of Middle East Tensions
The region is seconds away from a full-blown catastrophe.
Read More »US Eyes Opportunities to Sell LNG to Saudi Arabia
The UAE. which is a net importer of gas. has been looking to diversify its supplies to meet growing demand.
Read More »Russia is Aiding North Korea with Oil Imports. Ignoring U.S. Efforts to Isolate Kim Jong Un
In September. Reuters and The Washington Post both reported that Russia was helping North Korea avoid U.S. sanctions and providing the country with fuel.
Read More »Saudi’s SABIC to Open Office in Iraq
Saudi Arabia and Iraq are respectively the biggest and second biggest producers of OPEC.
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