Reacting to the Total’s statement. Iranian Oil Minister Bijan Namdar Zanganeh said Total will lose all of its investment if it pulls out of the deal.
Read More »US Shale Won`t Be Oil Market `Spoiler`
Falih said OPEC and its non-OPEC allies would exit from oil production cuts very gradually and smoothly.
Read More »Gazprom. Kogas Consider LNG Cooperation
Gazprom and Kogas inked an agreement of cooperation in 2016.
Read More »World’s largest hedge fund Considers Brent at $80 on OPEC cuts
With crude inventories down. Goldberg expects Brent to climb about 15% from current levels of $68.50 bbl to about $80 bbl.
Read More »China’s Rush to Replace Coal with Gas Spikes LNG Imports
China’s total exports of refined fuel touched an all-time monthly high of 6.17 million tonnes in December.
Read More »Algeria Considers Shale Gas Development
Algeria ranks third globally after China and Argentina in technically recoverable shale gas reserves.
Read More »OPEC Concerned about US Shale Flooding Market
Oil prices edged higher after the report was released to trade above $69 a barrel and later steadied.
Read More »ADNOC to Expand Use of Carbon Capture Technology
Volume of the greenhouse gas locked away underground will be equivalent to more than 1m vehicles each day.
Read More »Aramco is Ready for IPO as Listing Venues up in Air
The kingdom will decide where the stock will be traded. not the company.
Read More »China will Investigate Sanchi Sinking
China will invite others to jointly conduct an investigation and analyze data from the data recorder.
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