Chinese companies have invested in Iraq. the United Arab Emirates and Iran in recent years.
Read More »India Outpaces China for Oil Import
Over the next seven year the government plans to build another 11 terminals which would raise India’s LNG import capacity.
Read More »Libya`s Oil Crescent Region is Teaming up for New Military Operation
Global Risk Insights reported recently that fighting for the Libyan oil crescent region is not over.
Read More »Exploration for Oil. Gas Driving Demand for Silica Sand
The U.S. Energy Information Administration estimates that domestic crude oil production will reach record levels in 2018 and 2019.
Read More »Syria’s Second-Largest Oil Field Is Operational Again
The U.S-led coalition fighting Islamic State killed the leader of the militants responsible for its oil and gas smuggling operations.
Read More »Total CEO Cautious about Post-2019 Oil Prices
The projects would pave the way for greater U.S. oil and gas exports.
Read More »Venezuela Takes Desperate Measures to Support Economy
Venezuela is coping with one of the worst economic disasters in the world.
Read More »Basra Governor Wants Oil Firms to Build Water Plants
Every major oil company that is working in the province has to set up a desalination and sterilisation treatment plant if it wishes to continue working.
Read More »Russia`s Sakhalin LNG Outage Lifts Asian Spot Prices
Sakhalin Energy is a joint venture between Gazprom (50%). Shell (27.5%) and Japanese trading houses Mitsui (12.5%) and Mitsubishi (10%).
Read More »China Continues Exploration Oil Resources in East China Sea
China’s and Japan’s Economic Exclusive Zones (EEZ) in the area overlap and about 40.000 square kilometers of ocean territory is in dispute.
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