Over the 8 months of the agreement in force. surplus of global oil reserves decreased by 168 mln barrels and now stocks exceed the five-year standard by only 170 mln barrels.
Read More »Iraq Eyes Restarting Production at Nineveh Oil Fields
The region was retaken from Islamic State militants in August 2016. two months before the launch of an offensive on the city of Mosul itself.
Read More »Iraq Eyes Restarting Production at Nineveh Oil Fields
The region was retaken from Islamic State militants in August 2016. two months before the launch of an offensive on the city of Mosul itself.
Read More »European Oil Companies Plan Major Carbon Capture Project in Norway
The companies aim to capture 1.5 million tons of carbon dioxide per year in the project'.s first phase.
Read More »Aramco Seals Malaysia Petchem Complex Partnership Deal
Given PCG’s strength in the region’s petrochemicals sector. Saudi Aramco is proud to be entering into a deeper. mutually beneficial partnership in PIC.
Read More »Libya’s Sharara Oil Field Closed Again. 230.000 Bpd Output Offline
At the beginning of last month. Sharara had resumed production following a two-week halt.
Read More »ISIS Sets Fire to Oil Wells Near Iraq’s Kirkuk
The Allas oil field just south of Hawija has been one of the main sources of revenue for Islamic State militants.
Read More »ADNOC Plans Further Oil Output Reduction
For the first quarter of 2017. according to OPEC figures. ADNOC pumped an average 2.935 million bpd and in the second quarter. it produced 2.91 million bpd of crude.
Read More »Iran Looks at New Gas Ventures
Iran is currently producing about 880 million cubic meters a day of natural gas.
Read More »Iran Prevents Exports of 13.000 Tons of Fuel to Iraqi Kurdistan Region
The organization has communicated the order to all the related companies since Wednesday. September 27.
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