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The world’s biggest LNG producers are Qatar. Australia and Malaysia. which together meet around 60 percent of global demand.
Read More »China becomes World`s No.2 LNG Importer in 2017. behind Japan
2018 Could See the OPEC Deal Collapse
Russian officials voiced some skepticism in the lead-up to the most recent extension.
Read More »Chinese Company to Develop Big Oil Field near Iraqi Capital
'.Super giant'. East Baghdad field has potential to produce 120.000 barrels of oil per day.
Read More »Iraq Aims to Increase Nasiriya Oilfield Output to 200.000 bpd
Discovered in 1973. Nasiriya is Dhi Qar’s largest oilfield.
Read More »Qatar Gas Demand Projected to Grow 1.6% a Year until 2040 to 73 bcm
The demand for natural gas in the domestic sectors for GECF member countries will increase to 178 bcm in 2040.
Read More »The Best and Worst Case Scenarios for Oil
Latest outlook does not fixate on any one situation and that’s no help.
Read More »Oil Markets to Balance Sooner Than Expected
OPEC doesn’t expect significant drawdowns in oil inventories in the first quarter of 2018.
Read More »Malaysia`s Petronas Confirms Exit from Iraq`s Majnoon Field
Petronas confirms its exit from the Majnoon oilfield. Iraq. together with Shell.
Read More »Super Giant Zohr Begins Producing. Netting 7 out 7 for Oil Major BP
The field. operated by Eni. was discoveredAugust 2015 and is estimated to have a total potential of up to 30 trillion cubic feet of gas in place.
Read More »Russia Backs Gradual. Managed Exit from Oil Cuts with OPEC
Russia has been pushing for a timely exit from the cuts to make sure the market doesn’t overheat.
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