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The export of Russian oil grew by 2.1 percent. to 8.6 million barrels per day last year.
Read More »BP: Russia Kept Leadership in Global Oil. Gas Exports in 2016
BP`s Decision about Future Role in Southern Ahvaz Oilfield
BP said last week that it will announce the result of its evaluation of NISOC'.s customized model soon.
Read More »OPEC Expects Non-OPEC Oil Supply to Increase in 2H2017
In 2017. non-OPEC oil supply is projected to grow by 0.84 million barrels per day.
Read More »SOCAR Modernizes Platform at Darwin Bank field
SOCAR produced 2.46 million tons of oil from offshore and onshore fields in January-April 2017 as compared to 2.52 million tons in the same period of 2016.
Read More »Statoil Aims to More Than Triple Brazil Output
Statoil has invested more than $10 billion in Brazil. making it the country'.s largest foreign offshore operator.
Read More »Iran will Sign New Oil Deals Worth $15bln
Iran will continue to rank first to third among main energy players in the world.
Read More »Russia. Saudis See Oil Inventories Falling After Price Drop
Short-term variations in supply won’t affect the long-term trend of declining inventories. Al-Falih said.
Read More »No Immediate Need to Adjust Oil Pact
Crude prices fell about 4 per cent this week after US data showed a surprise 3.3 million barrel rise in crude inventories to 513.2 million barrels.
Read More »Oil Majors Submit Surveys to Develop Iran`s Azadegan
Tehran is looking to ramp up its crude output and with 37 billion barrels of oil.
Read More »India Eyes Investment in Iran`s Farzad B Gas Field
Farzad B was discovered by OVL in the Farsi block about 10 years ago.
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