Storage provides security and flexibility of supply.
Read More »Novak: No Plans for Extraordinary Meeting with OPEC
There are no plans for Russia to have an extraordinary meeting with the Organization of the Petroleum Exporting Countries and U.S. shale producers.
Read More »Oil Market Fundamentals Heading in Right Direction
OPEC members Libya and Nigeria were exempted from the supply cuts because unrest had curbed their output.
Read More »IEA: Carbon Capture Needed in Climate Change Fight
The other project. CarbonNet. is a A$150 million government study in the state of Victoria.
Read More »Qatargas to Deliver Up to 1.1 mln Tones of LNG Per Year to Shell
Qatar. the world'.s biggest exporter of LNG. faces competition from Australian and U.S. producers.
Read More »UAE Energy Minister Sees No Need for Extraordinary OPEC Talks
OPEC holds its next regular meeting in Vienna on Nov. 30.
Read More »India Wants Iran to Reciprocate on Gas Field Award
New Delhi is keen that the gas from the field comes to India to feed the vast energy needs.
Read More »Norway-Poland Gas Pipeline Plan Needs Demand for 75 pct of Capacity
Poland'.s state-run PGNiG. which has indicated it would book most of the pipeline'.s capacity. said it would place bids in the next six weeks.
Read More »European Commission Approves Shell`s $3.8 Billion North Sea Sale
Shell welcomed the ".important milestone". toward the completion of the deal which is expected in the second half of this year.
Read More »Qatar Crisis to Speed Rise of Japan’s Spot LNG Trade
Thirty-nine countries imported LNG in 2016. up by four from the previous year. with 70 percent of world consumption in Asia.
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