Non-oil trade between Beijing and the Gulf Cooperation Council (GCC) has grown from just several billion dollars two decades ago to nearly $200 billion last year.
Read More »Gazprom Enters New Era with Pledge for more Generous Dividends
To mitigate potential market risks. Gazprom has set aside 676.5bn roubles ($10.7bn) in its budget for this year.
Read More »OPEC Cuts 2020 Oil Demand Outlook amid Coronavirus Uncertainty
Global benchmark Brent crude has fallen to around $55 a barrel this year. alarming producers.
Read More »Russia`s Lukoil Support Further OPEC+ Cuts
OPEC+ is still waiting for Russia to clarify its position on deeper oil output cuts.
Read More »IEA works on Global Roadmap to Cut Emissions by 2030
The IEA is set to host a clean energy transition event in Paris on July 9.
Read More »Qatar Ready to Re-Route Oil. Gas Cargoes to China due to Spread of Virus
Qatar Ready to Re-Route Oil. Gas Cargoes to China due to Spread of Virus.
Read More »US Extends Iran Sanctions Waiver for Iraq for 45 Days
This will be the sixth waiver the US has issued for Iraq since US sanctions on Iran energy exports snapped back in November 2018.
Read More »Europe’s Southern Gas Corridor almost ready
The total cost for the entire Southern gas corridor is close to $40 billion.
Read More »BP Acquires Fiber Optics Developer Fotech
Fiber optic sensing solutions have proven themselves invaluable in protecting pipelines. perimeters and borders around the world.
Read More »Rystad Energy Revises Global Oil Demand Growth Outlook due to Coronavirus
Chinese oil demand accounted for 13% of the global total in 2019.
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