Tag Archives: Market

OPEC doesn’t expect significant drawdowns in oil inventories in the first quarter of 2018.

China is by far the world’s largest oil importer. and many producer nations are already more than happy to transact in yuan terms.

The field. operated by Eni. was discoveredAugust 2015 and is estimated to have a total potential of up to 30 trillion cubic feet of gas in place.

Russia has been pushing for a timely exit from the cuts to make sure the market doesn’t overheat.

Novak was a key driver of the push for Libya and Nigeria. whose surging production earlier this year helped to crash oil markets.

Oil prices rose on Monday. although the 2018 outlook points to ample supply despite production cuts led by OPEC.

By expanding infrastructure both upstream and downstream. Kuwait is positioning itself to capitalise on rising global energy demand.

The two most critical forecasts of global oil markets offer contrasting visions for 2018: OPEC and IEA.

BP has paid $200m (£149m) for a 43% stake in Europe’s biggest solar developer. marking its return to the sector from which it withdrew six years ago.

BP has paid $200m (£149m) for a 43% stake in Europe’s biggest solar developer. marking its return to the sector from which it withdrew six years ago.