China’s LNG imports may surge 70 percent to 65 million tonnes by 2020.
Read More »Rick Perry to Meet Russian. Saudi Counterparts Ahead of Iran Sanctions
Perry will be the most senior U.S. official to visit Russia since Trump met Russian President Vladimir Putin in Helsinki in July.
Read More »RAPID Project Seeks Commitments for US$9.7bil Loan
Refinery operations are set to begin in 2019. with petrochemical operations to follow six to 12 months later.
Read More »Qatar`s Huge Investment in German LNG Capacity
The emirate. which is the world’s top LNG exporter. has already poured US$29 billion (25 billion euro) in various Germany ventures.
Read More »OPEC NOPEC will Discuss 1 Million Bpd Production Boost Next Week
Analysts had expected that Iran would not agree to any specific production boost.
Read More »Aramco Raises Production. Cuts Pricing on most Crudes to Asia
Aramco raised pricing on all grades to Northwest Europe and the Mediterranean region for October.
Read More »Qatar Want to Invest in German LNG Terminal
Germany. Europe’s largest energy consumer. shelved plans for an LNG terminal of its own a few years ago.
Read More »UAE. Russia to Develop Siberian Oil Fields
Oil produced from the fields reached 33.000 barrels per day in 2017.
Read More »Saudi Wealth Fund Plans to Diversify Oil-Based Economy
When the Aramco IPO was proposed in 2016. Saudi officials had expected it would raise up to $100 billion to fund his reform agenda.
Read More »Aramco`s First Delivery of Oil to RAPID Project
RAPID will contain a 300.000-bpd refinery and a petrochemical complex with a capacity of 7.7 million tonnes a year.
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