ADNOC is weighing the possibility of dropping restrictions on destinations for all its crude oil.
Read More »U.S.. China will Become World`s Biggest LNG Exporter and Importer in 2024
World LNG demand reached a record 432 bcm in 2018.
Read More »Oil Markets Wary of Impending Non-OPEC Supply Glut
It is always hard to predict the future and a lot will depend on how the global economy will perform.
Read More »Russia. Saudi Arabia in Talks on New Oil. Gas. Petchems. Nuclear Cooperation
The two sides previously discussed construction of three or more nuclear power plants with VVER-1200 reactors.
Read More »EU will Freeze Flow of Funds to Turkey as Drilling Dispute Escalates
The European Commission says Turkey has been drifting further away from the prospect of eventual EU membership.
Read More »China Greenhouse Gas Emissions Soar 50% during 2005-2014
The decline in CO2 from 2014-2016 came as a result of falling energy consumption. but it has since rebounded.
Read More »UK Says It will Release Seized Iranian Oil Tanker if Iran Guarantees the Vessel won`t Breach European Sanctions
Police in Gibraltar said Friday they arrested four crewmen of the Iranian ship. including its captain and chief officer.
Read More »Iran Urges Europe to Take `Effective` Steps to Save Nuclear Deal
US President Donald Trump in 2018 announced Washington was pulling out of the deal. to the dismay of its European allies.
Read More »Iran Committed to Nuclear Deal as Long as other Parties Stay Committed
Iran expected Europe to take operational steps to fulfill the deal.
Read More »Huge Oil Glut Coming In 2020
The extension of the OPEC+ cuts through the first quarter of 2020 removes a major uncertainty.
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