The Trump administration is supporting the LNG export industry further.
Read More »UAE Company to Take Part in Azerbaijan’s Absheron Field Development
Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate.
Read More »U.S. Shale Oil Producers Profitable Despite Low Crude Prices
U.S. crude for November delivery stood around $52 per barrel on Tuesday.
Read More »What Happens If Trump Trashes the Iran Nuclear Deal?
Iran currently produces about 3.8 million barrels per day (mb d) and exports about 2.2 mb d. plus 400.000 bpd of condensate.
Read More »China and Russia Agree to Expand Energy Cooperation
Russia is currently the top exporter to China for oil and energy. and the fifth for coal.
Read More »Schlumberger to Help IOG with Southern North Sea Development Plans
The letter of intent covers the Blythe Hub and Vulcan Satellites Hub developments in the southern North Sea.
Read More »Oil Min: OPEC`s Pact Compliance `Acceptable`. Some Changes Needed
OPEC members Libya and Nigeria have been exempted from supply curbs as their oil industries recover from years of unrest.
Read More »Iran Says to Keep Crude. Condensate Exports at Around 2.6 Million bpd in 2017
NIOC has informed buyers in Asia that it could reduce condensate exports in October because of the maintenance at South Pars. industry sources have said.
Read More »Kurdish Referendum. More Trouble in the Middle East
The Turkish President has already warned against the holding of the referendum which he fears will draw Turkish Kurds into a future conflict.
Read More »Iraqi Government Asks Foreign Countries to Stop Oil Trade with Kurdistan
Kurdish oil production has been dominated by mid-sized oil companies such as Genel. DNO. Gulf Keystone and Dana Gas.
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