Oil

Libya’s Central Bank Governor Sadiq Al-Kabir called on the international community to help end a week-long shutdown of oil ports by eastern military commander Khalifa Haftar. likening the closures to a bullet in the head.

Reducing methane leaks to the atmosphere is the single most important and cost-effective way for the industry to reduce these emissions.

U.S. oil production from tight formations increased in 2019. accounting for 64% of total U.S. crude oil production.

The purpose of signing these contracts is to solve the problems of the fields considered in the deals and enhancing their recovery factor.

National Iranian Drilling Company has announced it successfully drilled over 132.000 meters of oil and gas wells over the course of the past 10 months.

The development activities of the company in the joint fields of West Karoon and South Pars are seriously being pursued and their results are evident.

Brazil. which became a net oil exporter last year. wants to expand its footprint in global energy markets without joining OPEC.

The number one source of emissions by far is the coal fire power plants.

The drilled wells consisted of two exploration wells and 35 development appraisal wells as well as 59 workover ones.