Tag Archives: International

The U.S. has undertaken several initiatives to improve the regulatory process for approval of LNG exports.

Expensive energy is back and it is threatening global economic growth.

Russia’s natural gas is more competitive. according to the chairman of the Energy Committee of the Russian parliament. Pavel Zavalny.

The northern refinery of Baiji was brought back online and is producing 70.000 bpd.

OOCEP holds a 40 percent stake in the block. while Britain’s BP holds the remaining 60 percent.

Oil prices have been rising in recent months following the decision of the US president to reimpose sanctions on Iran.

Russian-Saudi-OPEC collusion reduced the slack in oil markets. and led to lower stockpiling of crude oil and petroleum products in 2017.

The new method can also react to visible light unlike existing photosynthesis. overcoming the limitation of hydrogen production.

Both firms were roped in by the Iraqi government to help reduce gas flaring. which the oil ministry hopes to snuff out by 2021.

The project will be completed by 2020 and the Russian company will operate it for 25 years.