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The oilfield deep in Libya’s south has been closed since December.
Read More »Libya’s Largest Oilfield still Closed
The Prospect of Turkey-Cyprus Gas Tension
Expected announcement by ExxonMobil of discovery off island’s south coast seen as potential game changer.
Read More »Trump`s Concern about High Oil Prices
Oil prices getting too high. OPEC. please relax and take it easy.
Read More »China`s Massive Oil & Gas Discovery in Bohai Sea
The flow has been discovered in CNOOC’s Bozhong 19-6 gas field.
Read More »US Crude Oil Production Reaches 12 Million bpd
The EIA now sees US crude oil production averaging 12.4 million bpd this year and 13.2 million bpd next year.
Read More »Iran among Top Gas Suppliers by 2040
China and Iran along with Russia and the US would be the top natural gas suppliers in 2040.
Read More »Crown Prince’s Visits to India. China not Only About Oil
The West has sought for decades to secure oil resources for its own energy security.
Read More »Optimism for Oil Prices will End Soon
Prices will drop in the coming months as demand softens.
Read More »IAEA Reiterates Iran Commitment under JCPOA
The IAEA new report is once again a strong reason on Iran’s commitment.
Read More »U.S. Crude Output Hit Record
Analysts say U.S. output will rise further and that oil firms will export more oil to sell off surplus stocks.
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