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Falih said OPEC and its non-OPEC allies would exit from oil production cuts very gradually and smoothly.
Read More »US Shale Won`t Be Oil Market `Spoiler`
Gazprom. Kogas Consider LNG Cooperation
Gazprom and Kogas inked an agreement of cooperation in 2016.
Read More »Russia-OPEC Production Cut Helps Oil Market Rebalance
The existing cuts have been extended till the end of 2018.
Read More »Aramco`s 2018 IPO Schedule Is Wavering
The IPO is the brainchild of Crown Prince Mohammed Bin Salman as the cornerstone of his Vision 2030 program to reform the country’s oil-dependent economy.
Read More »Oil Demand to Peak by 2030
Analysts believe the shift toward electric cars will decrease oil demand.
Read More »IMF Predicts Saudi Arabia Growth Outlook
The IMF’s outlook revision comes as Saudi Arabia and Russia discuss their exit strategy for the oil production cut.
Read More »Khalid Al-Falih: still Anxious about Fragility of Oil Market
There’s an acceptance that the OPEC-led deal should extend beyond 2018. Falih said.
Read More »Natural Gas. Primary Energy Source in US
The EIA expects the cost of natural gas for electricity generation to remain ``relatively competitive`` with coal over the next two years.
Read More »China’s Rush to Replace Coal with Gas Spikes LNG Imports
China’s total exports of refined fuel touched an all-time monthly high of 6.17 million tonnes in December.
Read More »Iran-Turkmenistan Gas Dispute may be Reviewed in Int`l Court
Turkmenistan has asked to receive what it said to be a 1.8-billion-dollar debt from Iran. a claim that is not accepted by the Iranian side.
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