Saudi Arabia’s Oil Minister Ali al-Naimi’s comments on the situation in international energy markets from the beginning of this month have left OPEC countries wondering
Category: Energy
Russia and China Sign a Second Gas Deal
Moscow and Beijing have signed the second gas deal for a gas supply although plummeting energy prices are increasing doubts about the overall mutual Russia-China
Asian Economies to Reform to Get Ready for LNG
Asian economies must start with reforms, the International Energy Agency (IEA) has said, in order to see an expansion in the supply of liquefied natural
BHP to Be the First to Sell U.S. Oil without Washington’s Consent
BHP Billiton Ltd, the Anglo-Australian mining company, is going to become the first firm to export lightly processed ultra-light oil from the United States without
Iran Seeks to Double Gas Production
Iran, being the holder of the largest natural gas reserves in the world, is seeking to double gas output to 1 billion cubic meters a
U.S. Secretary Promised to Make a Quick Decision on Keystone XL
U.S. Secretary of State John Kerry promised on Tuesday (28 October) during his official visit to Canada to make a decision soon on Keystone XL
Iraq’s Kurds Increase Capacity of Oil Pipelines
Iraqi Kurds are planning to boost the capacity of oil pipelines via Turkey to 700,000 barrels (bpd) per day. The boost could thus increase the
Saudi Arabia Supplies Less Crude to World Markets
Saudi Arabia, the world’s biggest oil producer, supplied less oil in September than in August despite higher output. The global oil markets are impatiently waiting
Two Libya’s Governments Claim Control of Oil
The rival government controlling Tripoli, Libya’s capital, announced its own policies last week, thus putting itself in the opposition to Prime Minister Abdullah al-Thinni who
Kuwait to Challenge Saudi Arabia in a Battle for Asia’s Oil Market
Kuwait seeks to challenge its traditional Gulf ally and bigger neighbour, Saudi Arabia, in a contest over market share in Asian oil markets. The battle