Saudis Refuse To Relinquish Grip On Key Asian Market
While it is cutting more than required in the OPEC deal, Saudi Arabia is not ceding its grip on its biggest Asian market—Japan—and is raising market share by selling more Continue Reading
Syrian Army Set To Recapture Oil Field Near Palmyra From ISIS
Syria’s army is advancing against ISIS militants in the central Homs province, and has encircled terrorists in the al-Hael oil field near the ancient city of Palmyra, Syrian state news Continue Reading
Iraqi provincial elections postponed until 2018
Iraq’s most powerful political parties have agreed to delay provincial elections and hold them along with national parliamentary elections next spring. The government has not officially announced the postponement of Continue Reading
Is Saudi Arabia Depending Too Much On The Ghawar Field?
About the only joy Fossil Fuelers have been getting lately is the sweet satisfaction that the ‘Peak Oil’ crowd got it wrong. What the Fossil Fuelers may need to start Continue Reading
Qatari LNG development to extend LNG surplus into mid-2020s
Share Qatar’s announcement Tuesday that it will double the size of its proposed new development on the giant North Field to 4 Bcf/d and use the gas for LNG exports Continue Reading
Qatar Launches Plan to Increase LNG Output Amid Arab Dispute
Qatar Petroleum, the world’s largest producer of liquefied natural gas, said Tuesday it plans to increase natural-gas output by 30% over the next seven years, as the small emirate faces Continue Reading
Qatar shows mettle, offers compromise as Gulf states prepare meeting
Qatar announced plans for a steep rise in Liquified Natural Gas (LNG) production capacity on Tuesday that suggested it was ready for a protracted dispute with Gulf neighbors, but Doha Continue Reading
Iraqi oil minister silent on output, awaiting outcome of OPEC committee meeting
Iraqi oil minister Jabar al-Luaibi said on Monday he would wait for the outcome of OPEC’s upcoming committee meeting before pronouncing on whether or not the group of producers needs Continue Reading
Total marks Iran return with South Pars gas deal
The logo of French oil company Total is seen at a Total gas station in Paris, France, April 19, 2016. France’s Total signed a deal with Tehran on Monday to Continue Reading
Doha ends moratorium on North Field development in face of new competition from Tehran
Qatar’s development of its giant North Field, which began more than 20 years ago, propelled the small Gulf state into the position as the world’s largest exporter of liquefied natural Continue Reading