For China the demand for electricity and the supply mismatch presents an opportunity to help ASEAN.
Read More »IMF Urges Saudi Arabia to Accelerate Privatization Reforms Amid Oil Price Recovery
Economy to grow 1.9% in 2018. boosted by economic reforms and oil output increases.
Read More »Algeria in Talks with Oil Majors to Start Trading Venture
One of the aims of Sonatrach’s new venture would be to supply crude to the Italian refinery.
Read More »NIOC Considers Gazprom Proposal for Development of North Pars Field
Gazprom had recently submitted proposals to the NIOC to study Changuleh and Cheshmekhosh fields.
Read More »Argentina will Export Natural Gas to Chile
In 2016 and 2017. Chile exported excess electricity to Argentina through the single power line that currently connects the two countries.
Read More »An OPEC-Free World
As Saudi Arabia raised its production. the number of rigs drilling for oil in the US fell by 80%.
Read More »China Eyes Russia LNG amid Trade Tension
China'.s imports of LNG from the US have also grown very fast recently.
Read More »Iran. Russia Consider Oil Cooperation
The two sides exchanged views on Tehran-Moscow energy cooperation roadmap.
Read More »Global Climate Goals Threatened by Decline in Renewable Energy Investments
Following the Paris climate agreement in 2015 more than 170 countries agreed to try limiting global warming to well below 2C.
Read More »Kazakhstan may Increase Oil Production in 2019
According to OPEC+ deal Kazakhstan must lower oil production by 20 000 barrels per day to the level of November 2016.
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