International

EIA sees America'.s output at 10.3 million barrels a day this year. the highest annual average on record.

Kirkuk crude sales have been halted since Iraqi forces took back control of the fields in October.

This soaring demand has already created shortages in parts of the country.

Qatar’s location makes it well positioned geographically to be competitive and earn attractive returns.

Crimean issue`` has depleted the Reserve Fund. it will have to deplete Russia’s National Welfare Fund next.

A foreign ministry spokesman said Friday that Beijing has no information about operations of ships registered in other countries.

In 2018. Turkey will have its first brand-new drilling vessel. the Deepsea Metro II.

WoodMac expects 2018 to be a third consecutive year of increase in the number of project sanctions from the 2015 low.

The pipeline will run for over 350 km. and will be 48 inches in diameter.

Venezuela’s oil production has fallen to levels not seeing since the late-1980s.