Saudi Arabia and its OPEC and non-OPEC allies are keen to demonstrate to a skeptical market that output cuts are finally drawing down bloated stocks.
Read More »US to Become Top 3 Liquefied Natural Gas Exporter in 5 Years
The cost of shipping liquefied natural gas from the United States to Europe remains high and requires sizable infrastructure investment.
Read More »Schlumberger Awarded EPCIC Contract for Taqa`s Otter Field in the UK North Sea
OneSubsea and Subsea 7 will deliver a turnkey integrated project from design through supply. installation and commissioning.
Read More »IEA: US to Account for 40% of Global Gas Production in 2022
The IEA believes the United States will be able to challenge Australia and Qatar for global leadership among exporters of liquefied natural gas.
Read More »US Should Revise its Policies Towards JCPOA
Iran’s expectation at the current stage was to see the compliance of all sides of the agreement to the deal. something which has been violated by the US.
Read More »Baker Hughes. McDermott JV Wins Gas Development Study Contract in Tanzania
Aminex expects that the Ntorya appraisal area includes gross Pmean GIIP of 466 billion cubic ft.
Read More »Iran Open to Work with US Companies
The BP head said that the company would spend $15 billion in projects this year. and in 2018 and 2019.
Read More »Saudi Aramco CEO Believes Oil Shortage Coming Despite U.S. Shale Boom
Despite U.S. production records. Saudi Aramco CEO Amin Nasser believes shale oil won’t be enough to prevent a future shortage.
Read More »Tillerson Gets an Oil Industry Award. Says He Misses His Former Colleagues
The former ExxonMobil chief expressed his gratitude and said he misses the oil industry.
Read More »India to Import Crude Oil from US for First Time
A second Indian refiner Bharat Petroleum Corp Ltd also planned to buy its first ever US crude oil cargo and has issued a purchase tender.
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