Aramco’s gas expansion strategy needs $150 billion of investment over the next decade.
Read More »Global Energy Demand Hits Fastest Pace This Decade
Energy consumption worldwide grew by 2.3 percent in 2018.
Read More »Big Oil Turning into Big Electricity
Like Total. Shell is growing through acquisitions in the power generation and distribution sector as well as in EV charging.
Read More »Iran’s Oil Exports Drop Ahead of US Waivers Decision
Japanese refiners are unlikely to continue buying Iranian crude from April onwards.
Read More »Russia is China’s Largest Crude Oil Source
Last year. China'.s crude oil imports surged 10.1 percent year-on-year to 460 million tons.
Read More »Saudi Arabia will Tender Solar Plant in Makkah
Saudi Arabia earlier this year awarded a contract to develop its first wind project.
Read More »US may Renew Waivers to Five of Iran`s Importers
Iran’s production has declined by 860.000 bpd since the third quarter of 2018.
Read More »Asian Coal and Gas Prices Decline. A Reminder To Oil Markets
The liquefied natural gas spot prices decreased by more than half since September.
Read More »Gazprom Ready to Continue Gas Transit Contract with Ukraine
Gazprom is ready to enter negotiations for making a new contract on direct delivery of the Russian gas to the Ukrainian market.
Read More »ExxonMobil Faces European Parliament Ban after No Show at Climate Hearing
ExxonMobil would become only the second multinational to lose access to MEPs.
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