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South Korea imports most of its LNG through the country’s sole LNG wholesaler KOGAS.
Read More »KOGAS in LNG Arbitration with Australia`s North West Shelf Gas
Iraq Asks BP to Study Developing Kirkuk Oilfields
Iraq in December 2017 earned around US$6.5 billion from crude sales. at US$59.3 per barrel.
Read More »Putin: West Will `Tire` Of Sanctions Soon
The United States. the European Union. and others have imposed sanctions on Russia.
Read More »Russia Sees 2-5 Months to Exit Oil Output Deal
The deal had achieved two thirds of what it was intended to do.
Read More »OPEC Predicts Higher 2018 Oil Demand. but more Rival Supply
The market is only expected to return to balance towards the end of this year.
Read More »Shale Surge Won`t Thwart Plan to Clear Glut
Demand for this year is expected to be good. if not better than 2017.
Read More »Iraq Builds Kirkuk Oil Refinery
The Kirkuk refinery will provide oil derivatives with high quality specifications. such as high octane gasoline and other derivatives.
Read More »Pouyanne Urged Trump to Stick with Iran Nuclear Deal
Total reported higher profits last week. and announced plans for a $5 billion share buyback and a dividend increase.
Read More »Turkish `Warships` Stop Italy’s ENI Rig in Waters off Famagusta
Turkey opposes the drilling. saying it flouts the rights of the breakaway Turkish Cypriots to ethnically-split the conflicted island’s natural resources.
Read More »China will Launch Yuan-Denominated Crude Futures
China'.s State control on foreign exchange flow was a key reason for the repeatedly postponed launch of Shanghai crude futures.
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