Nigeria would support an output cap for itself at 1.8 million b d and would continue to be responsible with its production.
Read More »IEA: China`s Gas Demand to Triple to over 600 Bcm by 2040
The IEA projected China'.s gas imports at 280 Bcm in 2040. second only to the European Union. making China a ".linchpin of global gas trade.
Read More »Novatek `Won`t Waste Time` Lobbying for End to Russia Natural Gas Export Monopoly
Analysts see more likelihood of a shift in policy with regards to Gazprom'.s planned 38 Bcm year exports to China via the Power of Siberia pipeline.
Read More »OPEC Oil Output Cuts `Working` but Need to Run to End-2018: Total CEO
Global oil stocks are likely to have fallen in Q3 for just the second time since oil prices started collapsing in 2014.
Read More »Venezuela Has Plan B to Sell Its Oil If U.S. Imposes Sanctions
PDVSA owes some US$3.5 billion to the U.S. in the next five or six weeks. according to Platts.
Read More »US Sanctions Against Iran Would See Grudging International Compliance
If a new deal never materializes. the Trump administration or Congress could reimpose Iranian sanctions immediately.
Read More »OPEC Invites Libya. Nigeria to Committee Meeting Sep 22
Libyan output had also recovered to reach an average of 990.000 b d in July. its highest level in three years. up 180.000 b d in June. according to the latest S&.P Global Platts OPEC survey.
Read More »Iraq Faces Resistance from Asian Buyers on `Ambitious` Oil Price Change
Iraq may change the benchmark but keep timing for lifting oil at a one-month gap.
Read More »India Says LNG Import Deal with Qatar Remains in Place. New Deal Unlikely
Petronet runs LNG receiving and regasification terminals at Dahej in Gujarat and Kochi in Kerala. and is building a third in Andhra Pradesh.
Read More »Saudi Arabia Set to Slash Exports to Asia in September
Asia is a key market for every exporter of crude oil.
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