CNOOC expects to drill 132 wells this year. up from 126 wells drilled in 2017.
Read More »ADNOC Seeks to Boost Petrochemicals. Technology Partnership with China
State-owned oil firm is already a major energy and petrochemical supplier to the Asian country.
Read More »ExxonMobil Plans Rise Permian Shale Production
ExxonMobil has been building up its position in the Permian Basin with a series of acquisitions.
Read More »Exxon Mobil Invests $35 Billion in US over 5 Years
Exxon announced $20 billion in spending for U.S. Gulf Coast manufacturing in March.
Read More »Russia`s Tatneft Ready to Help Iran Develop Oilfields
The Tatneft Company. with headquarters in the Republic of Tatarstan. is the fifth largest oil producer in Russia and participates in more than 77 oil fields as an operator.
Read More »Gazprom. Kogas Consider LNG Cooperation
Gazprom and Kogas inked an agreement of cooperation in 2016.
Read More »Gazprom plans signing of document on production project in Argentina
The project envisions the development of the Estacion Fernandez Oro field together with Argentina’s largest oil and gas company YPF.
Read More »Big Oil Hiring Women. but the Trouble is Keeping them
Seventeen percent of Conoco’s top leadership and 28 percent of its professional employees were women in 2016.
Read More »Eni Launches World`s Biggest Industrial Supercomputer
The state-controlled firm has invested heavily in high-powered computing to give it an edge over rivals in exploration and get its resources to market faster.
Read More »BP to Ramp up Production from Kirkuk Oil Fields
The Kirkuk’s fields including Bai Hassan and Avana currently pump 140.000 to 150.000 barrels a day.
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