Kingdom to limit crude oil exports at 6.6 million barrels per day in August. almost 1 million bpd below levels a year ago.
Read More »EU Allows Gazprom to Use an Additional 40% of OPAL Gas Pipeline`s Capacity
Germany is leading a group of countries whose companies are taking part in building the 55bn cubic metre a year (cm y) route.
Read More »American Producers of Shale Oil Ready for Dialogue with OPEC
Oil cartel is going to continue the dialogue with shale producers in Q42017 and extend cooperation with the US companies which have not established the contact with OPEC.
Read More »OPEC Needs More Oil from Libya. Nigeria as Market Re-Balances
Compliance with production cuts by members of the Organization of Petroleum Exporting Countries is excellent.
Read More »Barkindo: Oil Market Rebalancing to Speed Up in Second Half
A rebalancing of the oil market is progressing more slowly than expected. but it will speed up in the second half of the year.
Read More »German Firm Cooperation to Construct Wind Turbines
The project is part of efforts to raise the low share of renewable sources in Iran'.s power industry that mostly uses fossil fuels to generate electricity.
Read More »Can OPEC Get Its Mojo Back in St Petersburg?
Ecuador is doing what other members wish to—ditching a supply deal that has become more painful than gainful.
Read More »Saad Al-Kaabi: `The Blockade Has Made Qatar Stronger`
The blockade has made Qatar stronger. the people of Qatar stronger. their businesses stronger. We will come out of this much stronger than before.
Read More »Key Facts about ExxonMobil and Its Business in Russia
In 2016. ExxonMobil'.s refining amounted to 4.268.000 barrels per day (a decrease of 3.7%).
Read More »Scientists Design Promising New Cathode for Sodium-Based Batteries
The researchers say this study is the first of many that will use the ISS beamline at NSLS-II to advance the study of batteries.
Read More »