America'.s most prolific oil field is now its worst market for natural gas.
Read More »Saudi Arabia. SoftBank Sign Deal on $200bn Solar Project
Project will create as many as 100.000 jobs and shave $40 billion off power costs. according to SoftBank founder Masayoshi Son.
Read More »Some Oil Exporting Countries Suggest Six-Month Supply Cut Extension
Luaibi did not say which countries have suggested a six- month extension of the agreement.
Read More »Iraq’s Oil production not Affected by War against IS
Iraq’s oil exports for February exceeded 95.940 million barrels.
Read More »OPEC. Russia Discuss 10-20 Year Oil Cooperation
Crude prices has recovered to $70 per barrel but fast-growing oil exports from the United States (US)’s producers have restricted prices.
Read More »Germany Approves Nord Stream 2 Gas Pipeline
Poland. the Baltic states and Ukraine all oppose the project.
Read More »China Oil Futures may Threaten Primacy of U.S. Dollar
China surpassed the United States in 2017 to become the world’s largest oil importer.
Read More »Algeria to Attract Oil Companies with Tax Incentives
Oil and gas together account for 95 percent of Algeria’s export revenues and contribute 60 percent to its annual budget.
Read More »Blocking Saudi Nuclear Plant Opens Door to China
A US failure to build civilian nuclear reactors in Saudi Arabia may allow countries that lack nuclear proliferation standards to step in.
Read More »The Next Natural Gas Hotspot
Gas production in Egypt went into steep decline several years ago due to price controls and lower investment from international companies.
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