Global crude inventories have not fallen as fast as OPEC or the hedge funds anticipated.
Read More »OPEC. Non-OPEC Discuss Extending Supply Cut by Nine Months or More
Saudi Energy Minister Khalid al-Falih said on Monday the OPEC-led production cut could be extended beyond 2017.
Read More »Sanctions Aren’t Slowing Russian Oil Industry One Bit
Russian crude output is at historic highs. European firms are still investing.
Read More »Japan`s Successful Gas Output Test from Methane Hydrate
Japan is the world'.s top importer of liquefied natural gas (LNG).
Read More »Turkmenistan on Schedule with TAPI Construction
The total length of the TAPI pipeline will be 1.814 kilometers.
Read More »Iran’s largest Solar Project Completed in Isfahan
A 20-year power purchase agreement (PPA) was signed with a guarantee from SATBA.
Read More »JCPOA Decrease Oil Equipment Import Costs to 1/3
Iran has now become an exporter of gasoil and is exporting 13 million liters of the item on a daily basis.
Read More »Saudis to Decline Exports
OPEC'.s combined water-borne shipments of nearly 24 million barrels a day in March were up slightly from October levels.
Read More »Qatar Joins Race to Win Karachi-Lahore LNG Pipeline
Qatar has joined the race to tap the growing energy market of Pakistan as it expresses interest in the $1.5 billion pipeline project for the supply of imported liquefied natural gas (LNG) to provide consumers in Punjab. Qatar has already taken the lead in LNG supplies and signed a multibillion-dollar …
Read More »Ministry Denies Obstruction in Export Payments
Oil ministry is in talks with oil and gas giants for $70 billion worth of development projects.
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