Iraqi authorities are looking to speed up gas exploitation to help overcome severe electricity shortfalls.
Read More »Libyan Oil Fields Reopened after Months of Closure
Libya is politically divided between eastern and western authorities. including two oil corporations.
Read More »French Engie Supports Nord Stream-2 despite Sanctions
Gazprom and its five partners signed agreements on a new model for financing the project in April 2017.
Read More »OPEC Concerned about US Shale Flooding Market
Oil prices edged higher after the report was released to trade above $69 a barrel and later steadied.
Read More »US Overtake Saudi Arabia and Russia as Top Oil Producer in 2018
US oil production is set to grow faster than previously expected amid a ".volatile". year in 2018.
Read More »China to Send Robot Submarine down to Sunken Oil Tanker
The tanker is lying under 377ft of water in the East China Sea.
Read More »China Says Claims of Inadequate Rescue of Sunken Oil Tanker `Untrue `
Rescue forces from Shanghai and Jiangsu worked with Japan and the Republic of Korea (ROK) in the rescue operations.
Read More »China`s Oil Product Export Surge could Hamper OPEC`s Gains
In some ways China’s independent refiners have become the single most important driver of overall global crude demand growth.
Read More »Iraq Nears Production Capacity of 5 Million b d
Iraq is in full agreement with OPEC members that the freeze should continue.
Read More »Maduro Urges Latin American states to join cryptocurrency project
Venezuela. home to the largest oil reserves in the world. saw its crude output plummeting throughout the year as its national oil company struggled.
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