Kazakhstan. US conclude a number of commercial contracts. including in the oil and gas sector.
Read More »Russia Tries to Comply with OPEC Balancing Effort Based on Market
The next meeting for the monitoring committee. with Saudi Arabia and Russia as co-chairs. is January 21 in Oman.
Read More »Chinese Oil Demand to Grow 5% to 12 million b d in 2018
Domestic gas production is forecast to rise 8.8% year on year to 160.6 Bcm in 2018.
Read More »UAE Is Considering to Remove Energy Subsidies
Ministry wants to remove all forms of subsidies in gas and electricity to reflect real price.
Read More »Shell`s Investment in North Sea for the First Time in Six Years
Royal Dutch Shell will pile fresh investment into a new North Sea project for the first time in six years.
Read More »Despite Bid to Diversify Gas Source. EU more dependent on Russia
Strong European demand has allowed Gazprom to increase production after weak results in recent years.
Read More »NIOC-Total Deal being Executed
Total is the operator of the SP11 project with a 50.1% interest alongside the Chinese state-owned oil and gas company CNPC (30%). and Petropars (19.9%). a wholly owned subsidiary of NIOC.
Read More »China`s Oil Product Export Surge could Hamper OPEC`s Gains
In some ways China’s independent refiners have become the single most important driver of overall global crude demand growth.
Read More »Geopolitical Highlights Could Rise Oil Beyond $70
When oil goes up inflationary expectations go up as well.
Read More »Deal for First EV Pilot Signed in Saudi Arabia
Such a move is part of the company’s strategy to reduce reliance on oil and cut emissions.
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