Gulf states have a joint defense force under the Gulf Cooperation Council (GCC).
Read More »Arab Leaders Summit over Attacks on Oil Assets
Gulf states have a joint defense force under the Gulf Cooperation Council (GCC).
Read More »China`s Gas Pain for the U.S.
The U.S.. even without a 25 percent tariff on its LNG exports to China. would struggle to vie with Qatar as the top global LNG producer.
Read More »Oil Prices Gain on Fall in U.S. Crude Inventories
The market is expecting the EIA to report a 900.000-barrel drop in crude stockpiles for the week ended May 24.
Read More »Russia will Consider Extending Oil Output Cut with OPEC
OPEC. Russia and other producers agreed to cut output by 1.2 million barrels per day (bbl d) from January for six months to boost oil prices by reducing global inventories.
Read More »Falling Europe’s Share in Global Natural Gas Output
Europe is the only region with the decreasing outlook for natural gas production among all regions.
Read More »Energy Dealings with Iran Lawful. must be Respected: China to US
Certain countries may impose unilateral sanctions against certain places on the basis of their own considerations.
Read More »Total Announce the Launch of Innovative Project for the Capture and Storage of CO2 on an Industrial Scale
A consortium of 11 European stakeholders including ArcelorMittal. Axens. IFP Energies nouvelles (IFPEN) and Total. is launching a project today to demonstrate an innovative process for capturing CO2 from industrial activities.
Read More »Oil Slumps as U.S.-China Trade Hostilities Escalate
Oil slumped as escalating trade hostilities between the U.S. and China stoked fears of slowing global growth.
Read More »Norwegian Oil Patch Ramps Up Spending To Counter Decline
Norway’s oil and gas companies plan to spend 17 percent more this year. at about US$21.11 billion as they step up their exploration.
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