As Saudi Arabia raised its production. the number of rigs drilling for oil in the US fell by 80%.
Read More »China Eyes Russia LNG amid Trade Tension
China'.s imports of LNG from the US have also grown very fast recently.
Read More »Yamal LNG Is among the most Competitive Projects in the World
During the first part of the route. through the Laptev Sea. the vessels had to sail in up to two meters thick very close drift ice.
Read More »Egypt Rise Natural Gas Prices in IMF-Backed Austerity Plan
In recent months. Egypt introduced its latest wave of price hikes for fuel. drinking water and electricity.
Read More »MAPNA Ready to Replace Total in South Pars Project
CNPC has now a 30 percent stake. while Iranian company PetroPars holds the remaining 19.9 percent.
Read More »Global Peak Oil Demand Expected in 2036
The global oil and gas industry has significantly increased the pace at which new projects are brought to peak production levels.
Read More »Meat and Dairy Companies to Surpass Oil Industry as World`s Biggest Polluters
A handful of nations are collectively responsible for 60 per cent of global meat and dairy emissions.
Read More »India Must Resist US Pressure. Buy Oil from Iran
Efforts now need to be made on devising a financial mechanism to overcome the US sanctions.
Read More »First Shipment of Gas from Yamal LNG Project Arrives in China
The Yamal LNG project operated by JSC Yamal LNG is a joint-venture with Russia'.s largest independent natural gas producer NOVATEK.
Read More »China Is Set to Become the Top Natural Gas Importer by 2019
China and India have the fastest growth of liquid natural gas consumption.
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