China remained the largest destination of energy investment. taking 21% of the global total.
Read More »Iraq Turns into 2nd Largest Gas Importer from Iran
Iran has inked two separate contracts to export the product to Iraqi cities of Basra and Baghdad.
Read More »Oil Markets in ‘Wait-and-See’ Mode Ahead of OPEC Meeting
Baker Hughes reported on Friday that the number of U.S. rigs drilling for oil was unchanged at 738. having risen by nine the previous week.
Read More »Saudi Aramco Converts Jeddah Refinery to Products Distribution Hub
Saudi Aramco has been building refineries integrated with chemicals to boost their economics by adding high value products to the supply chain.
Read More »Iran. Algeria Oil Cooperation will Improve
Holding first meeting of Joint Energy Meeting is a major step for working out cooperation framework.
Read More »Russia to Waver on Length of OPEC Output Cuts Extension
OPEC and allied oil producers should extend their production cuts beyond March to help rebalance the market.
Read More »Russia and OPEC on Collision Course over Oil Supply Pact
OPEC and Russia are likely to apply a supply curb deal beyond its March 2018 expiry.
Read More »Statoil Seeks Partnership with Adnoc
The Norwegian government supports R&.D with financial incentives.
Read More »Saudi Aramco Shuts Jeddah Refinery Indefinitely
One source said the facility would be mothballed.
Read More »Low-Cost LNG Base Is Qatar’s Unique Advantage
The US began its first major international LNG shipments in 2016.
Read More »