Tag Archives: Market

The US became a net exporter of natural gas on an annual basis in 2017.

One major stated purpose of these terms is to make the Ukrainian gas transit system commercially attractive for major European companies.

Venezuelan production will decline by an additional 300.000-500.000 barrels per day (bpd) this year.

The rise in prices thanks to output cuts has brought roughly an additional $110 billion in revenues to Russia.

Kogas is now expanding its business in the global market and is participating in 13 exploration and production projects.

Aramco is a major gas player but much of its production is used domestically.

Dudley believes the oil market is tightening up.

Aramco’s planned acquisition of SABIC is expected to involve buying all or nearly all of the 70 percent stake in the chemicals company.

Total also planning to expand its Nigerian LNG project this year.

On Monday. China reported its lowest annual economic growth since 1990.