OPEC is expected to stick to its current policy of output cuts in the second half of 2018.
Read More »Iran: Oil Swap Deal with Iraq Imminent
The oil can be transferred both to Iran’s northern refineries and the southern export terminals.
Read More »Qatar. other Major Players to Continue Long-Term LNG Deals
Projections of LNG demand reveal growth of over 3%-5% per year until 2030.
Read More »U.S Shale Oil as a Political and Geo-Technical Weapon for Sabotage of JCPOA
The history of U.S and her partners in energy policy shows oil has been applying as a political weapon in many cases.
Read More »How Big Oil Is Transforming Shale
The IEA estimates that the wave of energy digitalization could lower the cost of production by 10 to 20 percent.
Read More »As OPEC Extends Output Cuts. Asia Turns to North America for more Oil
The U.S.-Asia route is at least twice as long as that from the Middle East to the main Asian trading hubs in China. Japan. South Korea. Taiwan and Singapore.
Read More »Lukoil CEO: Oil Markets won`t Overheat
Moscow agreed to contribute around 0.3 million bpd to the cuts and Russian state and private companies are sharing the burden on a pro-rata basis.
Read More »OPEC Deal Calls on Libya. Nigeria to Produce below 2.8 mil b d Combined
Nigeria would support an output cap for itself at 1.8 million b d and would continue to be responsible with its production.
Read More »Putin Is Calling The Shots in Global Oil
Russia is the producer everyone is watching ahead of the OPEC meeting.
Read More »No Change in Iran-Total Contract
Despite the US pressures. western companies are still interested in investment in Iran.
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