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The aggressive gasification targets and an unusually cold winter last year caused a supply shortage.
Read More »China`s Sinopec. CNPC Accelerate Oil. Gas Drilling to Rise Output
UAE Increase Oil and Gas Production as Iran Sanctions Hit
Saudi Arabia is the only producer with significant spare capacity of around two million bpd.
Read More »Iraq`s Kurds Upgrade Oil Export Pipeline
The Kirkuk area in northern Iraq produces about 230.000 bpd for local refining.
Read More »Iran Sanctions will Threaten the Oil Market
Saudi Arabia. the world'.s largest exporter. has claimed that it can respond to the Iranian shortfall.
Read More »Saudi Arabia Ready to Boost Supplies over Iran Oil Sanctions
Saudi Arabia is the only producer with significant spare capacity around 2 million bpd.
Read More »UAE Plans to Increase Oil Production
The United Arab Emirates (UAE) is seeking to increase its oil output by 5 million barrels per day by 2030.
Read More »Erdogan Warns Oil Companies against Drilling Near Cyprus
ExxonMobil. ENI and Total have all said they are committed to energy drilling near Cyprus.
Read More »Qatar Rearranges Cabinet
It was the first government reshuffle in Qatar. the world’s top liquefied natural gas producer.
Read More »Oil Markets Seeks Alternatives as US Sanction on Iran Hit
Iran exported the equivalent of 2.5 million barrels a day in April.
Read More »Global Oil Supply in 2019 Make It Easier to Cut Iran Oil
Saudi Arabia had been ``very helpful`` in bolstering oil supplies while the U.S. moved to reimpose sanctions against Tehran.
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