Producers in the Middle East. most of which are OPEC members. have supplies that are relatively less expensive to produce.
Read More »Russia Skirts U.S. Sanctions with $27 Billion Arctic Gas Plant
The Yamal project is an important step in Moscow’s efforts to build ties to China.
Read More »CNOOC Spends Big on FLNG
The Asian spot LNG curve. however. is in backwardation. meaning future prices are lower than prompt market levels.
Read More »Russia is Developing its Own Subsea Production Technology
Russian pipe companies are also introducing pipes. associated equipment and structural materials for natural gas liquefaction and offshore development projects.
Read More »The 4 Climate Projects Ernest Moniz Says We Must Do Right Now
Excess atmospheric carbon could serve as a raw material for all sorts of products and processes.
Read More »Tehran Calls on Turkish Private Sector for Cooperation in Energy Projects
The experts attending the conference highlighted that Turkey and Iran are about to start significant energy cooperation.
Read More »World`s Largest Oil Consumer Needs a Lot Less Oil. Thanks to Its Own Output
U.S. net oil imports. including crude and refined products. last week dropped to just 1.77 MMbpd.
Read More »Saudi Oil Minister Says Cuts to Stay Until Market Balanced
U.S. drillers added two oil rigs to reach 749 in the week ended Dec. 1. the highest level since late September. according to Baker Hughes.
Read More »OPEC Nations must Speed up Reforms to Break from Dependence on Oil
U.S. shale oil producers could increase production if oil prices rise.
Read More »Qatar. other Major Players to Continue Long-Term LNG Deals
Projections of LNG demand reveal growth of over 3%-5% per year until 2030.
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