The most bountiful petroleum plays in the Middle East may no longer be storied gushers from the past but more technical offshore areas. The most recent hydrocarbon production boom is underway in the Middle East, and this time, the race

Asian spot prices for liquefied natural gas (LNG) for the current month fell below $5 per million British thermal units

U.S. oil and gas production growth is slowing, as lower prices force shale firms to reduce new well drilling and

Gazprom Neft, Russia’s third largest oil producer, believes Moscow’s cooperation with OPEC on output will continue into the long term,

In a recently published report, Wood Mackenzie predicts the start of a downcycle in China’s petrochemical industry. A supply overhang has already hit the country’s paraxylene (PX) market, with olefins and polyolefins markets almost certain to face the same.

China is

Norway’s oil production rose in December to a nine-year high 1.76 million barrels per day, beating official forecasts by 12.7%

British prompt wholesale gas prices were mixed on Friday morning as colder temperatures forecast from the weekend pushed up demand

China’s Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review

Oil prices edged higher on Friday but were little changed on the week as sluggish economic growth in China, the