Australia is likely to emerge as the second largest LNG supplier globally in the coming years.
Read More »IEA: US to Account for 40% of Global Gas Production in 2022
The IEA believes the United States will be able to challenge Australia and Qatar for global leadership among exporters of liquefied natural gas.
Read More »Russia May Have Own Technology of Underwater Oil Production by 2021-2022
It was planned to provide oil production by Russian rotor-controlled systems by 2019 on the basis of already created prototypes.
Read More »IAEA: Safety at Nuclear Energy Facilities in Russia at High Level
The IAEA chairman added that both nuclear security and safety at the nuclear facilities in Russia is at a very high level.
Read More »Shell Consider LNG-Hub Network
Shell sees opportunities in LNG and next-generation biofuels for shipping. heavy freight and air travel.
Read More »OPEC Can Absorb ‘Orderly’ Oil Recovery from Libya. Nigeria. Iran
Supply and demand now ``show us we are on the right course`` to achieving OPEC’s goal of reducing stockpiles to their five-year average
Read More »Yamal LNG to Scale Up Russian Gas Exports
The Yamal LNG terminal. which plans to have an output capacity of around 16.5 million tons per year. is expected to be operational by 2018.
Read More »As Qatar Row Smolders. World Markets Tot up Dependence on Gulf Petrodollars
Qatari banks. whose $50 billion external liabilities dwarf central bank reserves. may need more aid if the crisis deepens.
Read More »Iran Decreases Oil. Gas Dependence in 4 Years
Sanctions promoted corruption in Iran in oil and gas business in order to circumvent sanctions.
Read More »Saudi Aramco IPO Likely in 2018. Says CEO
Aramco plans to invest $300 billion over the next decade. with the focus on gas.
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