After Gaddafi’s ouster. oil was intended to lubricate the reconciliation process.
Read More »Global Oil Pricing Worries Hit US Energy Shares
Third-quarter profits for oil producers generally should be higher than a year ago.
Read More »Oil Firms Stick with Saudi Through Khashoggi Scandal
The United States will remain a key part of the Saudi economy.
Read More »Saudi Arabia Looks at 30% in Russia’s Arctic LNG
Saudi Arabia plans to acquire a 30% stake in Russia’s USD 21-billion Arctic LNG project.
Read More »China Cuts Iran Oil Purchases Ahead of U.S. Sanctions
Sinopec and CNPC are skipping bookings for November because it is unclear if Chinese buyers could win waivers from the sanctions.
Read More »Oil and Gas Project Spending Needs to Increase by 20%
Annual spending is around £77billion too low to sustain production and ensure future demand growth.
Read More »Qatar will Boost LNG Production Capacity
The expansion will put Qatar well ahead of Australia.
Read More »Oil Addiction Weakness China as a Superpower
In its Gas 2018 annual report. the IEA said Chinese demand for natural gas will rise by almost 60 percent between 2017 and 2023 to 376 bcm.
Read More »Khashoggi’s killing has Put Saudi Arabia in Crisis
Following the incident. the kingdom has been attacked by international governments and leaders.
Read More »North Sea oil and gas `could still be worth £330bn`
Up to £330bn could be spent on extracting oil and gas from UK waters over the next three decades.
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