Iraq increased its crude output to a record level in March, ahead of the long-awaited April 17 meeting in Qatar where OPEC members and other producers may agree to cap production to curb a global glut, according to the state-run Oil Marketing Co.
read more... 11/04/2016
U.S. oil prices soared about 6 percent on Wednesday, slashing losses of the past two days after top producers agreed to meet in Qatar to debate an output freeze and U.S. crude inventories increased less than expected. WTI jumped $2.12, or 5.8 percent, to settle at $38.46 a barrel. It had declined 5 percent in the past two sessions. Brent crude hiked $1.59, or 4 percent, to close at $40.33 a barrel.
read more... 17/03/2016
Qatar and Royal Dutch Shell have decided to develop liquefied natural gas (LNG) as a marine fuel for utilization by the world's biggest container shipping firm, A.P. Moller-Maersk, Qatargas declared in a statement on Monday.
read more... 23/02/2016
The Polish LNG Receiving Terminal in Swinoujscie received its first ever delivery of LNG from Qatargas.
read more... 14/12/2015
Britain might obtain more liquefied natural gas (LNG) from the world's major producer Qatar under an agreement inked by utility E.ON on Wednesday, highlighting increasing reliance on the Gulf State since native North Sea reserves disappear.
read more... 29/05/2014