Since July last year crude oil prices have gained 56%.
Read More »Natural Gas. Iran`s Leverage to Hold International Influence
Iran is currently producing roughly 830 mcm d of natural gas of which 45 mcm d is exported to Iraq and Turkey.
Read More »US and Russia will Dominate Global Capital Expenditure on Pipeline to 2022
Analytics firm GlobalData says Canada. China and Nigeria will also make significant investments.
Read More »Big Oil CEOs Warn Trump Tariffs Hurting Oil Sector
The CEOs of the two largest U.S. oil companies said Tuesday that tariffs enacted by the Trump administration would slow growth in the U.S. oil and gas sector.
Read More »OPEC Agreement did not Specify Oil Production Increase
Iran had demanded OPEC reject calls from U.S. President Donald Trump for an increase in oil supply.
Read More »Siemens to Supply Three Large Gas Turbines to Dubai
The commercial commissioning of the three gas turbine trains is scheduled for spring 2020.
Read More »Amin Naser Promise to Meet Oil Demand after OPEC Strikes a Deal
Nasser said oil demand is rising by 1.5 million to 1.7 million barrels a day and will be ``healthy`` next year.
Read More »India and China Set To Form ‘Oil Buyers Club’
India is concerned that the rallying oil prices are hurting its economy.
Read More »Study Reveals US Natural Gas Industry Leaks more Methane
The leak was mostly produced from malfunctioning gas equipment and some of the industry'.s abnormal operating procedures.
Read More »Market Performed Well in Winter 2017
There is statistical evidence that storage is now managed more conservatively than in the past.
Read More »