Saudi Arabia plans to double its natural gas production over the next ten years, the country’s energy minister told reporters on Wednesday. “When it comes to natural gas, over the next decade we are going to be roughly doubling our production to 23 billion cubic feet per day and substantially increasing the percentage of natural… Read more »
Monthly Archives: February 2018
U.S. Looks To Sell 15% Of Strategic Petroleum Reserve
The budget deal that the U.S. Congress reached on Wednesday includes the sale of 100 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) between 2022 and 2027—a total volume equal to some 15 percent of the current reserve. According to the text of the budget deal, carried by Reuters, the agreement—expected to… Read more »
