Natural gas production was at 65.35 billion cubic meters (bcm) last month. or 2.11 bcm a day. versus 63.5 bcm in December.
Read More »Iraq to Boost Majnoon Oilfield Output to 450.000 bpd in 3 Years
Chevron. Total and PetroChina may form a consortium later on to take over the development of the field.
Read More »Qatar is Paying the Price for Saudi`s Oil Strategy in Asia
Qatar is suffering from the repercussions of Saudi’s sales strategy.
Read More »Kuwait Petroleum Mulls Spending up to $500bn by 2040
National oil firm outlines ambitious growth plans for the next two decades.
Read More »Iran Increases Non-Oil Exports to Indonesia by 217%
Import of products from Indonesia hit from $151 million in the nine months of the past Iranian calendar year.
Read More »IEA: End of OPEC Production Cuts in June Would Be Surprise
The U.S. will add about 1 million barrels a day of new supply this year.
Read More »Iraq to Start 60.000 bpd Oil Swap with Iran
Iraq says it plans to start oil exports to Iran from the northern Kirkuk fields next week under a swap deal announced last month.
Read More »Eni`s Chief Doesn`t Think Oil Stay above $70
Growth in U.S. shale could average about 1 million barrels a day this year.
Read More »Iraq to Respect OPEC Drive to Reduce Output
Iraq hoped to more than double production from the northern Kirkuk oilfields with the help of BP.
Read More »Iranian Light Crude Decrease
Light and heavy crudes have averaged $68.62 and $65.48 per barrel so far in 2018.
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