Saudi Arabia is pushing to extend the cuts by a further nine months until next March.
Read More »China Successfully Tests Marine Natural Gas Hydrates
The pilot production was carried out in the Shenhu Area of Northern South China Sea.
Read More »Extending Oil Cuts. Adding Small Producers Enough to Drain Stocks
OPEC has been urging other producers to join the supply pact.
Read More »Iraq in favor of Extending any OPEC-Led Oil Output Cut
Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.
Read More »IEA: Global Oil Market Rebalancing Speeds Up
Global oil supply fell by 140.000 bpd in April to 96.17 million bpd.
Read More »Solar Mini-Grids Could Protect the U.S. From Terrorist Strikes
This process would protect against cyberattacks such as the those levied against Ukraine in December 2016.
Read More »American LNG Can Learn from Australia’s Mistakes
There’s a big push to bring more LNG export terminals online.
Read More »US Company Seeks Cooperation with Iran in Oil Industry
US-based Pall Corporation seeks to cooperate with Iran in the oil sphere.
Read More »OPEC Wants `Collective Efforts` to Counter US Oil Output
OPEC members agreed in November to cut production by 1.2 million barrels per day for six months.
Read More »OPEC. Non-OPEC Discuss Extending Supply Cut by Nine Months or More
Saudi Energy Minister Khalid al-Falih said on Monday the OPEC-led production cut could be extended beyond 2017.
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