Latest news
US oil production is set to soar past 12 million barrels per day
Rising shale production is putting the United States on track to hit the 12 million bpd oil production mark sooner than previously forecast, the Energy Information Administration said in its November Short-Term Energy Outlook.
read more... 08/11/2018
Japan set to prepare for resuming Iran oil imports - trade minister
TOKYO (Reuters) - Japanese buyers of Iranian crude are expected to prepare for resuming oil imports from the Islamic Republic after the country was granted a waiver from U.S. sanctions, trade minister Hiroshige Seko said on Tuesday.
read more... 06/11/2018
France's Total and Sempra Energy sign north America LNG deal
PARIS, Nov 5 (Reuters) - French energy group Total and Sempra Energy have signed a memorandum of understanding on the north American liquefied natural gas (LNG) market, which could see Total acquire a further stake in the sector.
read more... 05/11/2018
Azerbaijan’s SOCAR in talks to develop oil field in Russia: VP
Azerbaijan’s state oil company SOCAR is in talks with Russia’s Rosneft, Gazprom and Novatek over the development of an oil field in Russia, SOCAR Vice President Elshad Nasirov told reporters Nov. 1 in Minsk, Reuters reported.
read more... 02/11/2018
Azerbaijan, Kazakhstan may build plant for production of liquefied gas
Kazakhstan and Azerbaijan are discussing the possibility of building a plant for the production of liquefied natural gas in western Kazakhstan, Kazakh Energy Minister Kanat Bozumbayev told reporters, Interfax-Kazakhstan reported.
read more... 01/11/2018