Tag Archives: Market

Libya and Nigeria have seen a significant increase in oil production in May and June.

Australia is likely to emerge as the second largest LNG supplier globally in the coming years.

The IEA believes the United States will be able to challenge Australia and Qatar for global leadership among exporters of liquefied natural gas.

Supply and demand now ``show us we are on the right course`` to achieving OPEC’s goal of reducing stockpiles to their five-year average

Aramco plans to invest $300 billion over the next decade. with the focus on gas.

Iran has steadily reconnected with buyers across Europe since sanctions were lifted and NITC expects to play a bigger role.

Currently. Iran’s oil output stands at 3.8 million barrels per day. despite numerous statements that the country reached its pre-sanction production level of 4 million bpd.

Aminex expects that the Ntorya appraisal area includes gross Pmean GIIP of 466 billion cubic ft.

OPEC must increase output cuts aimed at shrinking a global glut with little public announcement in order to jolt investors.

The BP head said that the company would spend $15 billion in projects this year. and in 2018 and 2019.