U.S. crude oil production has climbed by almost a third since mid-2016 to around 11 million barrels per day.
Read More »OPEC. Allies could Sign ‘Open-Ended’ Cooperation Deal in December
Russia will take leadership for the new secretariat.
Read More »IEA not Worried about Saudi Oil Supply Cuts over Journalist`s death
There’s a strong challenge for the key producers to increase production and comfort the markets.
Read More »Oil Rises on Looming Iran Sanctions
OPEC agreed in June to boost supply to make up for the expected disruption to Iranian exports.
Read More »It will Be Harder for Iran Oil Importers to Get Waivers
Iran’s oil exports could fall by as much as two-thirds due to the sanctions. straining oil markets.
Read More »Total and CNOOC Sign LNG Agreement
The initial long-term LNG SPA was signed in 2008. with an annual contract volume of 1 million tpy for a 15-year period.
Read More »Saudi. Russian Oil Output Unable to Compensate for Iranian Crude
Washington is pushing allies to cut imports of Iranian oil to zero.
Read More »The Future of Liquefied Natural Gas in Asia is Now
The U.S. has undertaken several initiatives to improve the regulatory process for approval of LNG exports.
Read More »$80 Oil Is Unhealthy For the World
Expensive energy is back and it is threatening global economic growth.
Read More »Falling Supplies Tighten Oil Markets
Oil prices have been rising in recent months following the decision of the US president to reimpose sanctions on Iran.
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