SAUDI & RUSSIA OIL VICTORY
Six months ago, when OPEC decided to keep production steady in the face of a collapse in the price of oil, analysts guessed that Saudi Arabia might be trying to flush out the new competition that had cropped up in recent years, like American-based shale gas producers.
Well, it turns out they were right. In an interview with The Financial Times published on Wednesday, an unnamed Saudi official confirmed that this is part of the kingdom's strategy, saying, "There is no doubt about it, the price fall of the last several months has deterred investors away from expensive oil including US shale, deep offshore and heavy oils," He added that, "Saudi Arabia wants to extend the age…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.
|March, 18, 13:30:00|
|March, 18, 13:25:00|
|March, 18, 13:20:00|
|March, 18, 13:15:00|
|March, 18, 13:10:00|
|March, 18, 13:05:00|
U.S. DT - the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six Russian individuals and eight entities in response to Russia’s continued and ongoing aggression in Ukraine.
India’s demand for liquefied natural gas (LNG) is set to rise by about 10 percent this year even as the country adds import capacity at a faster clip, because infrastructure constraints keep gas from getting to consumers and hinder growth rates.
По итогам 2018 года «Газпром» увеличил экспорт газа в республику на 5,4% по сравнению с 2017 годом — до 12,9 млрд куб. м. В начале 2019 года рост продолжается: с 1 января по 14 марта, по предварительным данным, объем экспорта составил 2,5 млрд куб. м, что на 1,9% больше, чем за аналогичный период 2018 года.
Abu Dhabi is one of the most important examples of a city that is creatively seeking to strengthen its renewable energy sector.