Nawaz Sharif'.s government is working to raise energy production by building plants to mitigate the sector'.s severe deficit. which causes long blackouts in many areas.
Read More »Japan`s JGC Joins US Groups to Build LNG Terminal on West Coast
The LNG market is expected to tighten in the mid-2020s on greater demand from China and India.
Read More »Oil Slides as Russia Speaks Out Against Deeper Output Cuts
Deeper cuts could help prices. but the question remains: how many of the parties to the deal could afford deeper production cuts?
Read More »New Saudi Crown Prince Hopes to Diversify Away from Oil
Mohammed bin Salman battles against time to implement ambitious economic reforms.
Read More »Russia Opposes Any Move to Deepen OPEC Cuts at Talks
Russia plans to host a meeting of some ministers from the Organization of Petroleum Exporting Countries and several non-members in St. Petersburg on July 24.
Read More »Iran Considers to Develop More Oil. Gas Deposits
Top priority has been assigned to developing joint oil and gas fields because our neighbors are drawing from the underground resources at a rapid pace.
Read More »Schlumberger. Halliburton Lose ONGC Deals
Oilfield services providers would be expected to invest in the fields in exchange for payment for every barrel of oil or Btu produced over an established baseline. the report added.
Read More »Saudi Arabia Tightens Its Grip on Japan. Its Biggest Asian Oil Market
Saudi Arabia ".clearly sees Asia as its backyard and as a center of growth and long-term source of demand.
Read More »Al-Luaibi Awaiting Outcome of OPEC Committee Meeting
Iraq is the second-largest member of OPEC after Saudi Arabia.
Read More »Russia`s Gazprom Neft to Create Joint Venture with Spain`s Repsol
Gazprom Neft acquired a 25.02 percent stake with the right to increase it to 50 percent in Evrotek-Yugra.
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