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OPEC is acting with ‘noble goal’ of rescuing the oil market, says organization’s president

24/04/2018

The Organization of the Petroleum Exporting Countries is not artificially inflating oil prices but has instead come together with the

Hitting The Gas: Australian Offshore Gas Production

24/04/2018

In the broader context of firm global LNG demand growth, Australian offshore gas mega-projects have been a significant feature of the offshore sector for the last decade, driving innovation (think Prelude FLNG) and yielding rapid production growth. There are also

Egypt aims for $10 bln foreign investment in oil, gas in 2018/19

24/04/2018

Egypt aims for foreign investment in the oil and gas sector to reach about $10 billion in the 2018/19 fiscal

Britain, South Korea in talks to protect crude oil trade

24/04/2018

Britain and South Korea are in talks to protect an arrangement of tax breaks for Korean buyers of North Sea

Question of Azerbaijan joining OPEC not on the agenda-minister

24/04/2018

The question of Azerbaijan joining the Organization of the Petroleum Exporting Countries (OPEC) is not on the agenda and is

UK GAS-Prices rise on falling temperatures

24/04/2018

British wholesale gas prices rose on Monday morning on forecasts of falling temperatures this week.

* The day-ahead contract was 0.50

JGC, Fluor win $14 billion LNG Canada project order – media

24/04/2018

Japan’s JGC Corp (1963.T) and U.S. firm Fluor (FLR.N) have won orders to design and build the LNG Canada liquefied

Oil settles higher; fears of Iran sanctions end early slide

24/04/2018
Oil prices rebounded from an early slide to finish higher and strengthen further in post-settlement trade, as investors feared

UAE says top oil producers committed to supply cuts until year end

23/04/2018

All OPEC and non-OPEC oil producers including Russia are committed to supply cuts until the end of the year, UAE

Hedge-Fund Investors Pour Into Oil as Firms Predict Surge to $80

23/04/2018

Hedge funds investing in oil are luring capital at the fastest pace in more than a year.

With crude climbing to

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