China’s surging demand already pushed it past South Korea in 2017 as the world’s number 2 LNG importer.
Read More »Gazprom Increases Gas Production by 12.4%. Exports by 8.1% in 2017
2017 was the year of Gazprom’s new records of exports. the company’s CEO Alexei Miller told.
Read More »Qatar Petroleum Becomes Exclusive Marketer of Crude Oil Exports
The regulation of crude oil exports is expected to deliver significant synergies in marketing and logistics.
Read More »Schlumberger to Build Land Rigs at King Salman Energy Park
The new center will manufacture products for drilling. exploration and production. as well as midstream.
Read More »Russia’s Oil Production in Highest Level since 1999
Russia implemented its pledged 300.000 barrel-a-day supply cut gradually.
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 »Iran Unrest Pushes Up Crude
The higher prices are expected to stoke U.S. shale output.
Read More »OPEC`s Biggest Challenge in 2018: An oil Deal Exit
The exporters group will look to keep prices within the so-called ‘shale band’.
Read More »Big Oil`s Exit Urges Norway Tending to Its Own Petroleum Future
Norway'.s oil production has been halved since a 2000 peak.
Read More »Libya Oil Production Is Back to Normal
The damaged parts had been replaced and flows would start returning to previous levels.
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