Over the next two months. the UAE will cut another 278000 bpd. demonstrating its compliance with its quota under the agreement.
Read More »Iran likely to Back Longer OPEC-Led Oil Cut If All on Board
Saudi Arabia and Russia. the world'.s top two oil producers. agreed on Monday on the need to extend output cuts for nine months until March 2018.
Read More »Aramco Plans at Least 10 Energy Deals During Trump Visit
Aramco plans to sign an additional agreement with Jacobs Engineering to form a joint venture for project management.
Read More »Pakistan Favors LNG to Generate Electricity
KE should seek approvals from the National Electric Power Regulatory Authority and others to make use of water that drained into the sea.
Read More »Brent Crude Oil to Rise
Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.
Read More »Global Wind Installations Fall 14 Percent in 2016
Almost every global market beyond China experienced growth in wind development.
Read More »Iraq in favor of Extending any OPEC-Led Oil Output Cut
Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.
Read More »LNG Global Supply Glut May Persist Until 2020
Like its competitors across the upstream sector. PTT has been cutting the costs of production.
Read More »Pakistan to Overcome Energy Crisis in 6 Months
Pakistan would do away with the deficit gas production by importing 3bcfd by December 2018.
Read More »BP to Supply 16 LNG Cargoes Year to Indonesia`s PLN from 2020
This is one of six natural gas supply agreements worth a combined $5 billion.
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