This small company could be one of the biggest winners of the coming gold boom.
Read More »Caspian Oil Pipeline Eyes Massive Expansion Thanks to New Oilfields
Oil exports via the Caspian Pipeline Consortium (CPC) rose by 3.6 percent to 44.3 million tonnes in 2016.
Read More »Russia Sees Oil Market Balance in Winter if Cuts Deal Extended
Russia would keep output cuts of 300.000 barrels per day from the level of October 2016.
Read More »Philippines to Import 260.000 bpd of Oil from Iran
The MoU was signed on the sidelines of Iran Oil Show 2017 in Tehran last Monday.
Read More »Iran’s Oil Output Decreases in April
In 2017. demand for OPEC crude is projected at 31.9 mb d. around 0.2 mb d higher than in the current year.
Read More »Turkmenistan to Join OPEC-Led Oil Supply Cut
There could be more cuts if there are other non-OPEC countries that will join the agreement.
Read More »BP: Shahdeniz Stage 2 Now Over 92% Complete
During the first quarter of 2017. implementation of the Shah Deniz Stage 2 project continued successfully.
Read More »Iran Seeks Transition from Oil to Knowledge-Based Economy
The oil share in the country'.s economy had been decreased to about 20 percent.
Read More »EIA: U.S. Crude Oil Inventories Drop Sharply as Imports Decline
The headline crude oil drawdown number is certainly supportive. but it could be something a shooting star.
Read More »Iraq Supports Extension of OPEC-Led Oil Output Cut for Further Six Months
Iraq is on board with extending the deal in the next OPEC meeting to help stabilize oil prices and balance the market.
Read More »