Royal Dutch Shell will pile fresh investment into a new North Sea project for the first time in six years.
Read More »Al Sada: Qatar will Continue to Support Oil Output Cut
During the years 2015 and 2016. Qatar had made great efforts to coordinate positions and bring together views.
Read More »IEA: $65-70 Oil Could Cause Surge in U.S. Shale Production
The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.
Read More »Oil Min: OPEC doesn`t Like Oil over $60 as It Nears $70
OPEC and its partners are seeking to bring the amount of oil in storage worldwide down to its five-year moving average.
Read More »Kuwait Energy Eyes London Listing with Soco Merger Talks
Soco holds mature oil and gas assets in Vietnam. Congo and Angola with no interests to the low-cost fields in the Middle East.
Read More »Markets are Preparing for OPEC Output Cuts
New projects in Brazil and Canada could add as much as rising U.S. exports.
Read More »Oil Market Key Indicator Displays Market Tightest in Three Years
The market is tightening and it’s tightening very quickly.
Read More »China Surpasses Japan as World`s Biggest Natural Gas Importer
China’s surging demand already pushed it past South Korea in 2017 as the world’s number 2 LNG importer.
Read More »U.S. Shale Can’t Offset Decreased Oil Discoveries
WoodMac expects 2018 to be a third consecutive year of increase in the number of project sanctions from the 2015 low.
Read More »Libya`s Damaged Pipeline Will Come Back Online In January
It is estimated that the repair will take about one week from today.
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