Global Energy Industry News

IPC Bid Round: Prequalification

October 24, 2016
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The NIOC just announced that it is offering 50 fields to international bidders 29 of them oil fields and the remainder gas fields. What are the timelines of the prequalification process Deadline fo

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Source:: Oil Voice […]

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Singapore wants to be the world’s next LNG trading hub

October 24, 2016
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S Iswaran, Singapore’s Minister for Trade & Industry, talks about the city-state’s aspirations to create more opportunities for the LNG industry in Asia. Read full story ›

Source:: CNBC energy […]

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Oil prices drop as Iraq says doesn’t want to join OPEC cut

October 24, 2016
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Oil prices fell as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market. Read full story ›

Source:: CNBC energy […]

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Brent spreads signpost long road to rebalancing: Kemp

October 24, 2016
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By hellenicshippingnews OPEC’s agreement on an new production target has been followed by a bout of renewed optimism about the rebalancing of the oil market. But there are so far few signs of imminent rebalancing in the structure of Brent futures prices for 2017. “Fundamentals are improving […]

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