Demand from new buyers is also supporting LNG prices in the region.
Read More »Oil will Remain At Current Prices In 2018
Fifteen of the 25 analysts polled by International Business Times expect Iran’s sanctions to drive oil prices up.
Read More »Iran. Russia Restart Talks to Build New Nuclear Power Plant
Russia has already built a power plant in Bushehr in southern Iran.
Read More »Azerbaijan is Important in Diversifying Europe`s Energy Security
Azerbaijan is one of the key countries that partake in the SGC project.
Read More »Netherlands Phase Out Gas Production at Groningen by 2030
The Netherlands is building a conversion plant to make high-calorific foreign gas suitable for use in Dutch systems.
Read More »UAE`s ADNOC in Advanced Talks to Sell Refinery Stakes
Adnoc began a wide-ranging shake-up in 2016 to tackle competition from new producers such as US shale firms.
Read More »China Continues Exploration Oil Resources in East China Sea
China’s and Japan’s Economic Exclusive Zones (EEZ) in the area overlap and about 40.000 square kilometers of ocean territory is in dispute.
Read More »IMF Urges Saudi Arabia to Contain Spending Despite Oil Price Rise
A rise in spending would expose the Saudi budget if there was an unexpected drop in oil prices.
Read More »UNIPEC to Resume US Oil Purchases
UNIPEC. the trading arm of Asia´s biggest refiner Sinopec is one of the largest buyers of U.S. oil.
Read More »US Invests $20m to Bring ‘Promising’ Energy Tech to Market
DOE said the projects will strengthen partnerships between its national labs and private companies.
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