Egypt to Import LNG With an Eye on Self-Sufficiency in 2018
Egypt plans to import as many as 108 cargoes of liquefied natural gas this year as the country prepares to start producing at two gas fields and move closer to Continue Reading
Saudis To Raise $10 Billion Ahead Of Aramco IPO
Saudi Arabia’s oil giant Saudi Aramco has hired four banks as advisers to its first bond sale, possibly by June this year, ahead of a planned initial public offering next Continue Reading
Singapore Exchange holds talks with Saudi Aramco on secondary listing: sources
Singapore Exchange has held talks with Saudi Aramco on a secondary listing, two sources familiar with the matter said on Monday, after the oil and gas company suggested last week Continue Reading
Iran’s Oil Industry Unshaken By New Sanctions
Days after Iran tested a ballistic missile in a northern desert, newly-inaugurated U.S. President Donald Trump imposed sanctions on individuals associated with the program producing non-nuclear rockets capable of reaching Continue Reading
Iran Reports 15 Billion Barrel Oil Find
Iran has struck new crude oil reserves totaling 15 billion barrels of which 2 billion barrels are recoverable, according to the managing director of the National Iranian Oil Company Ali Continue Reading
Maduro maintains oil supplies to Cuba despite Venezuelan shortages
The price of oil is half of what Venezuela needs to feed its citizens, who for the most part do not manage to eat them three times a day, but Continue Reading
China forex reserves fall below $3tn to hit 5-year low
China’s foreign exchange reserves dipped below $3tn in January for the first time in five years but the decline was the lowest in seven months as tighter capital controls and Continue Reading
Pipeline Companies Struggle to Contend with Reinvigorated Protests
Pipeline companies are bracing for a new round of volatile protests by environmentalists and other activists in the U.S., a sobering reality that is tempering the industry’s excitement over President Continue Reading
EPA Scientists Worry Their New Boss Doesn’t Want Science
Scott Pruitt, Oklahoma’s attorney general, is probably going to be the head of the Environmental Protection Agency. The full Senate will almost certainly vote to confirm him to the cabinet-level Continue Reading
A Primed Pump: Midstream Prepared for the Permian’s Pinch Point
With hundreds of thousands of barrels’ worth of crude oil pipeline announced during recent weeks, the midstream sector proves it’s planned ahead for the Permian Basin’s production recovery. This is Continue Reading