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Goldman Sachs raised its three-month forecast for Brent to $75 from $62 and its six-month forecast to $82.50 from $75.
Read More »Oil Rises as OPEC Compliance Remains in Place
Iraq to Boost Majnoon Oilfield Output to 450.000 bpd in 3 Years
Chevron. Total and PetroChina may form a consortium later on to take over the development of the field.
Read More »Putin: No Need to Be Afraid to Talk about Shipments of Russian Gas to US
Yamal LNG is located in the Russian Arctic.
Read More »Shareholders of Nord Stream 2 have Invested about $3 Billion in the Project
The cost of building the gas pipeline is €9.5 billion.
Read More »ADNOC Seeks to Boost Petrochemicals. Technology Partnership with China
State-owned oil firm is already a major energy and petrochemical supplier to the Asian country.
Read More »Germany Approves Construction of Nord Stream 2
Gazprom recently said that construction of the pipeline was on course to be completed in 2019.
Read More »Qatar is Paying the Price for Saudi`s Oil Strategy in Asia
Qatar is suffering from the repercussions of Saudi’s sales strategy.
Read More »Kuwait to Invest in $500B on Oil and Gas Projects by 2040
Around 90 percent of Kuwait'.s state revenues come from oil.
Read More »China’s coal-to-gas Transmission Leads to big problems
China has struggled for two years with President Xi Jinping’s drive to reform the country’s coal industry and use cleaner fuels.
Read More »Iraq Loosens Oil Shackles for Premium Prices
SOMO is expected to announce its March official selling prices for Asia. Europe and U.S.-bound supplies around the 10th of February.
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