Russia’s parliament has approved the new profit-based tax on the oil industry on a first reading.
Read More »BP CEO Aims to Keep Carbon Emissions Flat into 2025
BP said it plans to keep net emissions from its operations stable between 2015 and 2025.
Read More »Kuwait Mulls Increasing Gas Output
Approximately 60 percent of Kuwaiti consumption of natural gas is used for the refining and petrochemical sector.
Read More »China Shale Gas Output Significant Increase
China produced 9 bcm of shale gas last year. or 6 percent of its total gas output.
Read More »OPEC Mulling Longer Oil Cuts at June Meeting
OPEC and other suppliers including Russia will discuss continuing the global production limits beyond the end of the year.
Read More »Iran Natural Gas Output Rise 9%
Close to 203 billion cubic meters of gas were burnt in the country in 2017.
Read More »OPEC Oil Production Fell by 200.000 bpd in March
Saudi Arabia’s March production fell 47.000 barrels to 9.934 million barrels a day.
Read More »Rise of Global LNG Demand over 2023-2030
Qatar is the world’s lowest cost major producer of LNG.
Read More »The Bullish Case for Oil
Syria is not the only hot spot that is driving oil prices higher up. but it is certainly the hottest.
Read More »South Korea`s Import of Iranian Crude Down in March
The country’s final data for March crude imports data will be released by state-run Korea National Oil Corp (KNOC) later this month.
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