Freezing weather in the United States has spurred short-term demand. especially for heating oil.
Read More »China Surpasses Japan as World`s Biggest Natural Gas Importer
China’s surging demand already pushed it past South Korea in 2017 as the world’s number 2 LNG importer.
Read More »China’s Chongqing Gas Exchange Aims to Be Asian Standard
Chongqing'.s move is China'.s second attempt to develop a traded gas market.
Read More »The First Energy Conflict In 2018
In 2018. Turkey will have its first brand-new drilling vessel. the Deepsea Metro II.
Read More »Transition from Coal to Natural Gas Uneven in Practice
China'.s natural gas consumption has surged in the first 11 months of 2017 due to strong demand from industry and winter heating.
Read More »Russia’s Oil Production in Highest Level since 1999
Russia implemented its pledged 300.000 barrel-a-day supply cut gradually.
Read More »With China`s Second Pipeline. Russia Tightens Oil Grip
Russia pipped Saudi Arabia most of last year as the top crude supplier to China. the world’s biggest buyer.
Read More »U.S. Shale Can’t Offset Decreased Oil Discoveries
WoodMac expects 2018 to be a third consecutive year of increase in the number of project sanctions from the 2015 low.
Read More »Iran Unrest Pushes Up Crude
The higher prices are expected to stoke U.S. shale output.
Read More »OPEC`s Biggest Challenge in 2018: An oil Deal Exit
The exporters group will look to keep prices within the so-called ‘shale band’.
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