So far this winter, Europe has been the biggest buyer of US liquefied natural gas, and despite the fact that the key reason has been profit rather than politics, US LNG has increased its share of a market dominated by pipeline supplies from Russia and Norway.
News ID: 3446 Publish Date : 2019/01/28
Russia ’s government approved on Thursday a ten-year modernization program for Russia n power plants, expected to attract $28.8 billion in private investments in the sector, Energy Minister Alexander Novak said.
News ID: 3425 Publish Date : 2019/01/26
Russia 's economy ministry will evaluate the possibility of a temporary ban on ferrous scrap exports following a complaint submitted by the country's steel pipemakers in late December.
News ID: 3402 Publish Date : 2019/01/25
World’s top diamond producer by output Alrosa (MCX:ALRS) and China’s Anjin have been chosen by Zimbabwe's government to partner with the state-owned diamond miner in exploring and digging for precious stones in the country.
News ID: 3385 Publish Date : 2019/01/24
The International Monetary Fund Monday cut its forecast for average oil prices to just below $60 per barrel in 2019 from close to $70 per barrel in its last World Economic Outlook in October on concerns about global economic growth.
News ID: 3373 Publish Date : 2019/01/23
In its first monthly report since Opec and partners agreed a new supply restraint deal, the organisation said the deal was "essential" to maintaining market balance, given monetary policies that "could provide further support to ongoing increases in non-Opec supply."
News ID: 3312 Publish Date : 2019/01/17
Russia ’s Alrosa (MCX:ALRS), the world’s top diamond producer by output, is returning to Zimbabwe after almost two years, as the company continues to expand in Eurasia.
News ID: 3266 Publish Date : 2019/01/15
An Iranian official said the country’s nuclear power plant near the southern port city of Bushehr has supplied around 5.5 billion kilowatt-hours (kWh) of electricity to the national grid over the past eight months.
News ID: 3234 Publish Date : 2019/01/13
The OPEC 175th ministerial meeting was held in Vienna at a time some member states were unhappy with unilateral decisions adopted by some fellow members without having won OPEC consensus.
News ID: 3179 Publish Date : 2019/01/06
Iran is currently exporting 36.24 million cubic meters of gas on a daily basis, which marks a 45% rise in comparison with the figures of the last calendar year (March 21, 2017- March 20, 2018).
News ID: 3134 Publish Date : 2019/01/01
Base oil prices in the Baltic and Black Sea markets held in a relatively narrow range throughout 2018.
News ID: 3103 Publish Date : 2018/12/28
Exports of Russia n ESPO Blend crude to China will continue to rise in 2019 as other Asia-Pacific refiners turn to alternative light crudes.
News ID: 3100 Publish Date : 2018/12/28
Russia 's state-owned nuclear power company Rosatom has offered Chile's government technology it says can boost output of lithium, a key ingredient in electric vehicle batteries, according to lobbyist transparency filings reviewed by Reuters.
News ID: 3097 Publish Date : 2018/12/28
Russia n Energy Minister Alexander Novak said on Wednesday that oil prices, which fell by more than a third this quarter, would become more stable in the first half of 2019.
News ID: 3085 Publish Date : 2018/12/27
The non-oil exports from Iran’s Northern Province of Mazandaran in the first 3 quarters of the current Iranian year (started on March 21, 2018) has surpassed $339 million which indicates a 12% increase in comparison with the corresponding period last year.
News ID: 3073 Publish Date : 2018/12/25
Oil ministers from leading OPEC nations said Sunday they expect prices will arrest their recent slide and rebalance early next year when a deal on new production cuts takes effect.
News ID: 3067 Publish Date : 2018/12/25
About 420,000 tons of agricultural products cultivated in greenhouses worth 10 trillion rials ($98 million) are exported from Iran’s central Yazd Province every year.
News ID: 3060 Publish Date : 2018/12/24
OPEC and its allies have formalized their production quotas under their new supply deal, with Saudi Arabia, the world's largest crude exporter, committing to a 322,000 bpd cut from its October level.
News ID: 3058 Publish Date : 2018/12/24
Contrary to initial reports that OPEC will not make public the country quotas in the new production cut deal, the organization now plans to publish a table of each OPEC and non-OPEC individual quotas in an attempt to inject some positive sentiment in a crashing oil market, OPEC’s Secretary General Mohammad Barkindo wrote in a letter seen by Reuters.
News ID: 3038 Publish Date : 2018/12/23
Russia n energy minister Alexander Novak expects his country's crude oil output in 2019 to be around 555-556 million tons (11.145-11.165 million barrel per day) but said this figure could be revised downwards due to OPEC+ agreements to cut production.
News ID: 3002 Publish Date : 2018/12/20