Post Tagged with: "Policy"

OPEC keeps curbs - Saudi Arabia Minister of Energy Khalid Al-Falih - Oil & Gas 360

Saudis to Limit Oil Exports in September to Stabilize Market

From The Houston Chronicle


Saudi Arabia plans to keep oil exports below 7 million barrels a day next month as OPEC’s biggest producer allocates less crude than customers demand in a bid to stabilize the market, according to the kingdom’s …

China Continues Transition to NatGas, Ranks Second in LNG Imports

China Continues Transition to NatGas, Ranks Second in LNG Imports

In 2017 China surpassed South Korea to become the world’s second-largest importer of LNG, according to data from IHS Markit and official Chinese government statistics, the EIA said. Driven by government policies designed to reduce air pollution, LNG imports increased …

February 23, 2018 - 3:31 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles
Ukraine

Ukraine Cuts its Natural Gas Royalty Rate to 12%

New law guarantees government won’t forcibly take assets

On Dec. 30, 2017, Ukraine President Petro Poroshenko signed a new law reducing the natural gas royalty rate on all new wells drilled after Jan. 1, 2018 from 29% to 12%.

“The …

Alberta Drops 22 Places in Study of Attractive Places to Invest

Alberta Drops 22 Places in Study of Attractive Places to Invest

Alberta falls to 38th from 16th in just one year

Alberta is becoming a less attractive target for oil and gas investment, according to an annual study conducted by the Fraser Institute. The survey of petroleum executives, …

December 1, 2015 - 5:38 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles