The companies announced the project in July 2016. and aim to make a final investment decision after all necessary permits are secured.
Read More »IEA: Demand for Oil in World to Increase by 2023
IEA expects an increase in shale oil production and exports to Europe and Asia in the long term.
Read More »Ice-Breaking LNG Carrier Vladimir Rusanov Loads First Cargo
Constructions of the second and the third vessels is underway. and they are expected to be delivered at the end of September 2018 and September 2019 respectively.
Read More »Libya Manages to Export Oil To Europe and The U.S.
Libya was initially exempt from the OPEC production cuts together with Nigeria because of the violence in the two countries.
Read More »Yamal LNG Ships First Million Tons of Exports
The ships are designed to enable the delivery of LNG eastbound along the Northern Sea Route to Asia.
Read More »Chevron said Will Survive Under Any Climate Change Scenario
Fossil fuels’ share in the global energy mix falling from 54 percent to 48 percent by 2040.
Read More »OPEC Basket Price Rised $64 bbl
The price for April futures of the North Sea Brent oil mix has increased by 0.01 percent to $67.32 per barrel.
Read More »China Initiates Survey for Gas Hydrates in South China Sea
Along with China. Japan. the U.S. and India also have research underway on the fuel.
Read More »Rosneft Not Allowed to Export LNG
Competition between the Russian companies for the lucrative European energy market would not be in Gazprom’s best interests.
Read More »Total Enters Exploration Block Close to Lebanon-Israeli Border Dispute
Total controls 40% as well as ENI. The remaining 20% is Novatek’s.
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