EIA sees America'.s output at 10.3 million barrels a day this year. the highest annual average on record.
Read More »Oil Industry Wants Pipelines to be Part of Trump’s Infrastructure Push
The oil industry is having more difficulty than it has before in developing its infrastructure.
Read More »US has to Buy Russian Natural Gas as Consumer Prices Soar
US sanctions against the Russian energy sector do not directly ban supplies of LNG to America from Moscow.
Read More »Saudi to Ease Foreign Investment Regulation
Saudi Arabia opened its market to direct investment by foreign institutional investors in mid-2015.
Read More »Iran. Turkmenistan gas dispute Continues
Turkistan claims Iran owes it $1.5 to 1.8 billion from sales between 2007 and 2008.
Read More »EU leaders must Restore their Ambition to Achieve their Climate Goals
European investors are urging EU decision-makers to back a long-term objective for the EU to be carbon neutral by 2050.
Read More »Gazprom will Drive Russian Gas Production in 2021
Russia is expected to spend $55.7 bln as capex on conventional gas projects from 2018 to 2021. with spending topping in 2021 at $15.1 bln.
Read More »U.S. Turn to Europe for Siberian Cargo
U.S. domestic demand climbed to a record last week as snow and winds bombarded Americans on the East Coast.
Read More »Germans Build First LNG Research Ship
The 83m Helgoland was described as Europe’s first of kind to get LNG dual fuel propulsion capability.
Read More »OPEC won`t React to Small. Short-Lived Oil Supply Disruptions
Saudi Arabia. OPEC’s de-facto leader. wants to see oil prices above $60 a barrel.
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