Latest news
Iraq Ships More Crude Oil Despite OPEC Output Cut Pledge
Iraq has shipped more crude oil abroad so far this month, tanker-tracking data compiled by Bloomberg showed, even though OPEC’s second-largest producer has promised time and again in recent months that it is committed to complying with the OPEC+ production cuts.
read more... 18/09/2020
Iran Boosts Oil Output At Oilfields Shared With Iraq
Iran has raised oil production from the oilfields in its southwest it shares with Iraq to 400,000 barrels per day (bpd) from 70,000 bpd in the past seven years, Shafaq News quoted Iranian Oil Minister Bijan Zangeneh as saying on Tuesday.
read more... 16/09/2020
Middle East to become major LNG supplier as global fossil fuel demand wanes
Coronavirus pandemic and climate policies will leave a lasting effect on global energy demand, says annual report.
read more... 15/09/2020
Zeebrugge LNG marks another first
Fluxys Belgium, the operator of the Zeebrugge LNG terminal, marked a new milestone at the facility.
read more... 14/09/2020
New Tax Rule Could Cost Russian Fuel Oil Exporters $1B Annually
A new export tax rule in Russia could cost domestic exporters of fuel oil as much as US$1 billion in missed sales every year, Reuters has estimated.
read more... 08/09/2020