According to the report. world natural gas reserves rose 0.2% to 199.044.000.000.000 cubic meters.
Read More »US Oil Request Will Not Stop Stockpiles Dwindling
Surging oil demand. particularly in the case of China. is likely to surprise the market to the upside.
Read More »Iran to Increase Oil Production by 460 Million Barrels in Three Years
More than 75 percent of the equipment for developing the output is Iranian.
Read More »OPEC Believes World Crude Oil Reserves Now 1483Bn
The total proven crude oil reserves in member countries decreased by 0.3 per cent to 1.214 billion at the end of 2017.
Read More »Naftogaz Invites Gazprom for Transit Talks
Ukraine and the European Union have already agreed to begin tripartite negotiations on the transit of gas to European consumers from Russia.
Read More »Iran`s First Crude Shipment to Chile in 16 Years
The European Union sent a letter to the US Treasury on June 4 asking for exemptions from sanctions.
Read More »Saudis Start to Rise Oil Output. Ahead of OPEC Meeting
Saudi Arabia and some other Persian Gulf producers recently favored the idea of increasing overall output by 300.000 to 400.000 barrels a day.
Read More »Nord Stream 2 Threatens European Cohesion
Nord Stream 2 is a pipeline for both Russian gas and Russian influence.
Read More »OPEC Charges Extra price. India Loses Billions of Dollars
India has been urging the OPEC to end Asian Premium with Prime Minister Narendra Modi.
Read More »Kuwait will Ship its First Light Crude Grade by End-June
Kuwait is planning a new heavy crude grade later this year. with a gravity of 16 API and 4.9% sulfur content.
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