Saturday, July 12, 2025
oil-barrels-and-markets-482px Oil Prices Drop - Oil & Gas 360

Oil Market Tightening: IEA Chief

From Reuters NEW DELHI (Reuters) – Global oil markets could tighten towards the end of this year due to strong demand and uncertainty of production in some oil producing nations, the head of the International Energy Agency said. “Definitely there are some worries that oil markets can tighten towards the end of this year and as major oil importing countries

China Gets Another Shot at Mideast Energy After Total Departs Iran

China National Petroleum is partner in Iran South Pars project From Bloomberg Total SA’s withdrawal from Iran’s giant South Pars gas field has given China another chance to secure a stake in the world’s most coveted energy assets: abundant and low-cost Middle Eastern oil and gas. Chinese companies have invested in Iraq, the United Arab Emirates and Iran in recent

Russia, Total, LNG

Russia Paying a Cost to be an LNG Boss

From Petroleum Planet/Alaska Journal of Commerce Russia started as a bit player on the liquefied natural gas stage less than a decade ago but is not content in that role and wants to share top billing. In 2009, when Russia’s first LNG export terminal went online, the Sakhalin-2 project in the Far East provided about 4 percent of the world’s