North African country aims to reach a target of 1.6 million barrels a day from 1.25 million barrels currently.
Read More »Oil Addiction Weakness China as a Superpower
In its Gas 2018 annual report. the IEA said Chinese demand for natural gas will rise by almost 60 percent between 2017 and 2023 to 376 bcm.
Read More »US. Russia will Benefit from Sanctions on Iran
The US has increased its own oil production and exports.
Read More »Germany Sees Russia as Stable Energy Partner
Russia’s natural gas is more competitive. according to the chairman of the Energy Committee of the Russian parliament. Pavel Zavalny.
Read More »Saudi Aramco Acquires Major Stake in Chinese Refinery
Since 2006 to date. no one delivered more oil to China than Saudi Aramco.
Read More »EU to Find Ways to Buy Iranian Crude
US President Donald Trump has pledged to bring Iran'.s oil imports down to zero.
Read More »Oil. a Weapon for Saudi Arabia
Global oil supplies had already become tight even before the decisions to cut production and embargo the United States.
Read More »Washington shouldn`t Interfere in European Energy Policy
The German government said last week it continues to regard the Nord Stream 2 pipeline as a useful project.
Read More »Abu Dhabi Invites Indian Companies to Expand Investment in It`s Downstream Sector
India is the world’s third-largest consumer of oil.
Read More »Libya’s NOC to Close Refinery if Security Violations Continue
Libya is currently producing 1 million bpd of oil on average and plans to increase output.
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