Tag Archives: Market

South Korea imported 8.8 million barrels of light sweet WTI Midland and Eagle Ford crude and condensate in October.

The OPEC+ alliance agreed earlier this month to remove 1.2 MMbpd from the market in the first quarter of 2019 to revive prices.

The spike in Chinese gas demand is one of the major factors driving this market tightening.

The U.S.-China trade war would not have an impact on Saudi Arabia’s relationship with China.

Just 18 large-scale carbon capture and storage plants are in operation around the world.

For Exxon. the Permian is still small when placed in the context of its global reach.

Both U.S. crude and Brent have shed more than 30 percent from early October amid swelling global inventories.

NIOC and RIPI signed a contract for the latter to conduct research on gas hydrates in the Sea of Oman.

The focus of the new venture will be on opportunities with significant potential for local value creation.

PRTC was taking steps towards commercialization of the catalysts it produces.