NIDC is pursuing two major targets in the neighboring country.
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The M5 field is expected to yield 780 million cubic-feet of natural gas per day.
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Oil prices are responding to the tightening of supply due to the Libyan production halt.
Read More »OPEC – Shale Competiton?
Non-OPEC states pledged to jointly reduce oil output by 558.000 barrels per day.
Read More »Russia`s Rosneft Important Role in Fixing Iraqi Kurdistan Oil Flows
Baghdad says only SOMO has the right to export Iraqi crude.
Read More »Exxon`s Papua New Guinea LNG Project Halts for Eight Weeks
The 7.5 magnitude quake on 26 February triggered landslides and flattened buildings.
Read More »Venezuela`s Saviours?
Both China and Russia have extended massive credits to Caracas.
Read More »Iraq Overtakes Saudi Arabia as India`s Top Oil Supplier
In the current fiscal so far. the Middle East has accounted for 117.5 MT of crude oil supplies from India.
Read More »Scotland’s Floating Wind Farm Shows the Power of Offshore Wind
Hywind'.s capacity factor exceeds the average capacity factors of many sources of electricity.
Read More »Shutdown of Libyan El Sharara Oilfield from Pollution Protest
Boosting capacity at the field requires much-needed investment that NOC has been struggling to secure.
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