China raised its imports of the fuel by 50 percent last year to around 38 million metric tons.
Read More »Rising Asia`s Gas Demand Triggers New LNG Projects
By 2030. Thailand and Indonesia together could import nearly 70 million tonnes of LNG a year.
Read More »Iran. Sinopec in Talks over Yadavaran Oilfield
Production from all oilfields in West Karoun block is close to 300.000 barrels a day.
Read More »Shell Target Opportunities in Power Sector
Shell is to increase the capital allocated to its new energies division. which includes offshore wind. to $1-2 billion a year until 2020.
Read More »Russian Oil Output Flat as Rosneft and Lukoil Declines Offset by PSAs
Natural gas production was at 65.35 billion cubic meters (bcm) last month. or 2.11 bcm a day. versus 63.5 bcm in December.
Read More »Iraq to Boost Majnoon Oilfield Output to 450.000 bpd in 3 Years
Chevron. Total and PetroChina may form a consortium later on to take over the development of the field.
Read More »Shareholders of Nord Stream 2 have Invested about $3 Billion in the Project
The cost of building the gas pipeline is €9.5 billion.
Read More »Iraq Loosens Oil Shackles for Premium Prices
SOMO is expected to announce its March official selling prices for Asia. Europe and U.S.-bound supplies around the 10th of February.
Read More »ExxonMobil Plans Rise Permian Shale Production
ExxonMobil has been building up its position in the Permian Basin with a series of acquisitions.
Read More »Aramco Swaps Oil for Fuel to Tap New Markets
State oil companies like Saudi Aramco are expanding their crude sales and refining capacity to better compete in a market flush with supply.
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