Tag Archives: International

Wood Mackenzie forecasts 15 billion m3 yr of shale gas production by 2020.

Russian can claim a 20% share in the global LNG market.

The UAE can raise production to 3.5 million barrels per day. only if needed.

Venezuela. plus Iran and Libya. were exempted from making voluntary curbs under the OPEC+ deal.

TAPI is an important linchpin in the realization of the New Silk Road in the arena of energy.

The sudden risk to Libya’s oil supply comes at a time when the broader global oil market is tightening.

Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from US sanctions against the OPEC-member. four sources said.

Iran says Saudi Arabia and Bahrain are habituated to following their extra-regional master the United States. shortly after the two Arab states welcomed a decision by Washington to blacklist an Iranian military force.

Iran’s second largest airline. Mahan Air. has launched direct flights to the Venezuelan capital Caracas. marking a further strengthening of bilateral ties as the US tightens sanctions screws on both countries.

The R&.D center will focus on the development of petrochemical products. materials. and energy efficiency.