Romania currently produces about 10.5 billion cubic metres of gas each year.
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The United States has been increasingly critical of China-backed infrastructure projects.
Read More »IEA Welcomes Return of Oil Surplus after OPEC Output Surge
The IEA reduced its forecast for growth in emerging-market demand next year.
Read More »Total. Exxon Sign MOU with the State of Papua New Guinea
The MoU was signed during the Asia Pacific Economic Conference (APEC) in Port Moresby.
Read More »Global Oil Supply Growing. Sending Prices Lower
lower prices are clearly a benefit to consumers.
Read More »Gazprom Boosts Gas Supplies to Germany
Offshore pipe laying is currently underway in German territorial waters and in the exclusive economic zone of Finland.
Read More »Trump Warns Oil Cartel OPEC to not Cut Production
Iran is the third-largest producer of the oil cartel OPEC. providing more than 2 percent of global oil output.
Read More »Wind. EU`s Largest Power Source by 2027
Clean energy sources could also account for more than 40% of total generation in the global power mix by this date.
Read More »Saudis Study Potential OPEC Collapse
Demand for oil will one day peak and Saudi Arabia needs to prepare for that day.
Read More »OPEC Output Cuts Likely Next Year
Oil prices have come under downward pressure from rising supplies.
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