China’s energy consumption is growing rapidly.
Read More »Oil Stable amid Cautious Optimism over Trump. Kim Summit in Singapore
OPEC and its partners are due to meet at its headquarters in Vienna. Austria. to discuss policy.
Read More »OPEC Predicts Sizable Uncertainty in Global Oil Market
Iran'.s share of OPEC production increased slightly last month.
Read More »Russia`s Gazprom Neft Wants Flexible Quotas in OPEC-Led Deal
Russia'.s largest crude producer Rosneft was also in a position to be able to add 100.000 b d to production in a few days.
Read More »Erdogan to Inaugurate TANAP Pipeline in Central Turkey
Opening ceremony for Trans Anatolian Natural Gas Pipeline project to be held in Eskisehir province on June.
Read More »Trump’s Tariffs on EU will Boost Russia-EU Ties
While the EU and the U.S. bicker over tariffs. Russia is boosting its gas trade with Europe.
Read More »SOMO Raises Asia-Bound Jul Crude OSPs by 40-70 cents b from Jun
Europe-bound Kirkuk crude was lowered by 50 cents b to a discount of $3.90 b to Dated Brent.
Read More »Microsoft Submerges Second Subsea Data Center
The experimental data center is as large as a shipping container. at 12.2 m in length and a diameter of 3.18 m and contains 12 racks with a total 864 servers.
Read More »Oil Prices Decline on Rising Supplies from U.S.. Russia
Russian output hit 11.1 million bpd in early June.
Read More »Baltic Pipe Gas Project will be Completed by 2022
The deadline of 2022 is based on the expiration dates of contracts with PGNiG and Gazprom.
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