Boosting capacity at the field requires much-needed investment that NOC has been struggling to secure.
Read More »Russia Honors its EU Gas Commitments
All existing commitments to supply and transit gas to the EU are being honoured.
Read More »China is Ramping Up its Presence in Iraq
The burgeoning Iraq-China partnership was said to be anchored by a dramatic increase in oil trade.
Read More »Iraq Government Agrees with Kurdish Authorities to Resume Kirkuk Oil Exports
Kirkuk’s oilfields had been under Kurdish control since 2014.
Read More »Saudi Oil Min. Hopes OPEC. Allies Can Ease Output Curbs In 2019
Last year. Saudi Arabia pledged billions of dollars of investments in projects in Indonesia and Malaysia.
Read More »China`s Biggest Overseas Fail to Meet Demand Boom in Winter
The Central Asia pipeline opened in late 2009 and the region was the largest source of China’s gas imports until last year.
Read More »Turkish Cypriots `Must be Part` of Drilling Decisions
Cyprus has been divided since 1974 when a Greek Cypriot coup was followed by violence against the island'.s Turks.
Read More »German Media Frightens Readers with Nord Stream 2 Project
The Nord Stream 2 project is jointly run by Russia'.s Gazprom. France'.s Engie. Austria'.s OMV AG. Anglo-Dutch Royal Dutch Shell.
Read More »Maduro to Recover 70 Percent of Oil Output Decline
Venezuela’s oil production dropped by nearly 13 percent last year.
Read More »Russia Remains China`s Top Oil Supplier
In 2017. U.S. shipments. which benefited from OPEC-led supply cuts. averaged about 153.000 bpd.
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