India’s economic development is likely to have a considerable impact on future international energy markets.
Read More »Aramco Plans to Boost Oil Capacity by 550.000bpd in Q4
The capacity of the giant Khurais oil field will be expanded by between 250.000 bpd and 300.000 bpd.
Read More »China Decides to Build First LNG Power Plant
The plant is expected to cost some US$400 million.
Read More »Oil Could Rise To $100 and That’s Bad News
Pouyanne is joining a growing number of industry executives and analysts who have started to predict that $100 is now a real possibility.
Read More »Iran Says Oil Deal with Europe is Close despite U.S. Sanctions
The Islamic Republic is close to a deal with Europe over oil sales.
Read More »Funding for Russian Nord Stream 2 Gas Link to Germany Secure
The Nord Stream 2 project company had intended to go to the market for external financing for up to 70% of the total cost this year.
Read More »Saudi Crown Prince will Discuss Neutral Zone Oil Output during Kuwait Trip
Saudi Arabia is the world’s top oil exporter and OPEC’s de-facto leader.
Read More »Saudi Arabia Plans 10% Increase in Spending to Spur Economic Growth
Despite efforts to expand the economy. growth will remain under 2.5 percent during the next three years.
Read More »US Considers Alternative Oil Supplies for India
The United States is consulting with all of its friends and partners to discuss the implementation of the sanctions after the snapback.
Read More »Iran Sanctions could Send Oil Prices to $100 per Barrel
Sanctions against Iran could contribute to a ``nasty gap`` in the market at year-end.
Read More »