The emirate. which is the world’s top LNG exporter. has already poured US$29 billion (25 billion euro) in various Germany ventures.
Read More »Oil Demand to Hit 100 mmbpd
The trade disputes among some of the leading partners in the world will eventually hurt global economic growth.
Read More »Iran will Refund Total when Phase 11 of South Pars Gas Project Operational
Total signed a contract in 2017 to develop phase 11 of the field with an initial investment of $1 billion.
Read More »US Rig Count Holds Steady as Oil Prices Slip
The oil and gas rig count is now 104 up from this time last year.
Read More »OPEC NOPEC will Discuss 1 Million Bpd Production Boost Next Week
Analysts had expected that Iran would not agree to any specific production boost.
Read More »Qatar Want to Invest in German LNG Terminal
Germany. Europe’s largest energy consumer. shelved plans for an LNG terminal of its own a few years ago.
Read More »Oil Prices Decline on Emerging Market Woes. but Looming Iran Sanctions Support
U.S. crude stockpiles fell last week as refineries boosted output amid strong consumption.
Read More »Oil Consumption to Hit 100 Million bpd `Much Sooner` than Projected
World oil consumption would hit 100 million barrels per day later this year. ``much sooner`` than earlier projected.
Read More »Gazprom to Lay Nord Stream 2 Pipes in Finland
The Nord Stream 2 project involves the construction of two strings of a gas pipeline running from the Russian coast via the Baltic Sea to Germany.
Read More »Schlumberger CEO: Transport Restrictions to Slow Shale Gains
The Permian produced about 3.4 million barrels of oil per day in August.
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