Russia will drive growth in the Former Soviet Union’s (FSU) planned and announced underground gas storage industry between 2019 and 2023.
Read More »OPEC Risks Gambling Away Success again as US$80 Oil Looms
OPEC and its partners launched a new round of output cuts at the beginning of the year.
Read More »Signs of Recovery for Schlumberger. Halliburton amid Earnings Pain
Oil services were hit hard by the steep sell-off in the oil market that started in 2014.
Read More »Aramco to Buy Stake in Refining Business of India`s Reliance
Aramco is expanding its refining and petrochemical business globally.
Read More »Iran. Turkey to Launch INSTEX-Like Mechanism to Boost Trade Ties
The Turkish government has always disagreed with US-led sanctions on Iran.
Read More »Rick Perry Plans to Leave the Trump Administration
Trump is said to have considered him as a contender to lead the Homeland Security and Veterans Affairs departments.
Read More »Russia Explores $164Bln Worth of Arctic Projects
President Vladimir Putin has promised tax incentives and other benefits to encourage companies to develop the Arctic region.
Read More »Qatar Increase LNG Production
The four LNG trains will expand Qatar’s production from 77 mta to 110 mta of LNG by 2024.
Read More »EU. Iran Discuss Water Resources Management
Energy Ministry has now focused on solving challenges facing Iran’s water and energy sectors in accordance with global advancements in the sectors.
Read More »Chinese Demand will Boost Oil Prices
In China. the economy seems to be reacting to the government’s stimulus measures with purchasing managers.
Read More »