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Saudi Arabia ".clearly sees Asia as its backyard and as a center of growth and long-term source of demand.
Read More »Saudi Arabia Tightens Its Grip on Japan. Its Biggest Asian Oil Market
Russia`s Novatek Aims Topple Qatar from LNG Top Spot
Qatar and Russia have long been rivals in global gas markets.
Read More »S. Korea`s May Iranian Crude Oil Imports Fall to 8-mth Low
South Korea imported 4.23 million tonnes of crude oil. or 999.680 bpd. from the world'.s top crude exporter in May.
Read More »Shale Gas Giants Battle for Dominance as U.S. Supplies Surge
As natural gas prices rebound from last year’s historic lows. output from the Marcellus shale basin in the U.S. East and the Permian reservoir in Texas is driving a rebound in America’s production of the fuel.
Read More »Saudis Cut Back Oil Supply to Asia. Slash Exports to U.S.
Saudi Arabia is reducing its oil exports to Asia by around 7 million barrels this month.
Read More »Iran Raises Oil Exports to West. Almost on Par with Asia
Iran'.s exports to Asia last month were the lowest since February 2016. Reuters'. calculations showed.
Read More »Aramco Raises Crude Pricing to U.S. and Asia on Increased Demand
Saudi Aramco had cut Arab Light pricing to Asia for the past three months as the kingdom fought to defend sales.
Read More »4 Asian Countries Rise Oil Imports from Iran by 23 Percent
In the first four months of 2017. the four Asian countries imported 1.8 million bpd. a 40 percent rise from the same period last year.
Read More »Saudi Petrochem Expansion. a Growing Challenge for NPC
The state-owned NPC is the top regulatory body of the petrochemical industry.
Read More »OPEC`s Decision May Support Oil Prices within $50-55
Non-shale non-OPEC production. which has been resilient so far. is likely to require material reinvestment in new and existing projects over the coming years.
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