- Iran to launch 50 new oil projects
October 08, 2015
Iran is to introduce over 50 new oil exploration and production contracts in the near future, the head of the country´s oil contracts re-negotiation team told a conference in London on Tuesday.
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- Buyers market for LNG turns tables on producers amid supply glut
October 06, 2015
Encouraged by the plunge in commodity prices, the world’s biggest buyers of liquefied natural gas are demanding more say in negotiations with their suppliers.
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- Energy consultant says U.S. LNG expectation is ‘irrational exuberance’
September 25, 2015
The United States’ foray into the liquefied natural gas (LNG) market is expected to result in billions of dollars — and jobs — for the country. But declining oil prices cast some doubt onto the potential for success.
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- Huge purchases by Chinese oil trader raise prices, confusion
September 01, 2015
A Chinese oil-trading company bought record volumes of oil on a regional cash market for Middle Eastern crude last month, pushing up benchmark prices and causing confusion among crude buyers and sellers in Asia about the company’s motives.
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- Post Sanctions Iran: a 5 MMBOPD reality check
July 30, 2015
A sanctions regime was put in place against Iran starting in 2005 when the international community found that the Middle Eastern country was not in compliance with its obligations regarding its nuclear program. The sanctions, which were spearheade...