Tag Archives: Market

Shell welcomed the ".important milestone". toward the completion of the deal which is expected in the second half of this year.

Iran produced 50.61 million tons of petrochemicals in fiscal year 2016-17 that ended in March.

Qatar pumps just over 600.000 barrels a day of crude and exports some 500.000 barrels a day. almost exclusively to Asia.

Thirty-nine countries imported LNG in 2016. up by four from the previous year. with 70 percent of world consumption in Asia.

As natural gas prices rebound from last year’s historic lows. output from the Marcellus shale basin in the U.S. East and the Permian reservoir in Texas is driving a rebound in America’s production of the fuel.

More than half of the growth in renewable power came from wind. which rose 16 per cent. while solar energy grew by 30 per cent as costs continued to fall sharply.

Turkey occupies a strategic location and acts as a bridge between Europe. the Middle East and Central Asia.

Saudi Arabia is reducing its oil exports to Asia by around 7 million barrels this month.

The U.S. is expected to ‘dethrone’ Qatar. the biggest global LNG exporter. with its 30 planned LNG terminals and with six more under construction.

Over 1.100 kilometers the gas pipeline to be completed by late 2017.