OPEC and its partners decided to extend its production cuts till the end of 2018 in Vienna on November 30.
Read More »Saudi Arabia Discovers Large Natural Gas Find in Red Sea
Saudi Aramco’s gas development programme is expected to attract as much as $150 billion in investment over the next decade.
Read More »Iran`s Biggest Lead. Copper Plant Inaugurated
The complex also has the capacity to produce 12.000 tons of high-quality copper cathode from mineral.
Read More »Iran Opens Biggest Metal Production Unit in North Country
The private metal unit has the annual capacity of producing 66.000 tons of copper and lead.
Read More »Oil Rises as Investors Focus on Production Cuts
OPEC is likely to push back their decision of whether or not to extend the output cut agreement to June from April.
Read More »Russia Specifies Conditions for Continuing Gas Transit via Ukraine
Russian gas supplies to the European market have been consistently growing in the last several years.
Read More »Slower Earnings for Global E&P Industry in Next 12 to 18 Months
Soft and volatile crude prices at the start of 2019 led most companies to cut capital investment budgets.
Read More »Saudi. Russia Continue to Work within OPEC+ Framework
Both countries agreed to continue coordinating steps on the global oil market in the OPEC+ format.
Read More »Oil Prices Up amid US-China Trade Talks. Supply Cut by OPEC
OPEC exports are off by over 1.5 million barrels per day (bpd) since November.
Read More »2019 will See LNG Oversupply
China’s LNG imports reached a new record-high in January 2019.
Read More »