Italy’s Eni Company is the winner of 39 oil wells in Iraqi Basra and Zubayr regions.
Read More »Oil Producers Cut July Output by 9 Percent more than Agreed
The committee groups representatives are from Saudi Arabia. Russia. the United Arab Emirates. Kuwait. Algeria. Venezuela and Oman.
Read More »Iraq`s SOMO to JV with China`s Zhenhua to Boost Crude Sales
China is under the pressure to cut oil purchases from Iran.
Read More »Some Refineries would be Hit by a Halt in Iran Oil Buying
Sinopec expects its crude oil output to remain stable over next three years.
Read More »S. Korea Petrochemical Firm to Replace Iranian Oil
South Korean refiners and petrochemical producers suspended shipments of Iranian crude and condensate in July.
Read More »Basra Governor Wants Oil Firms to Build Water Plants
Every major oil company that is working in the province has to set up a desalination and sterilisation treatment plant if it wishes to continue working.
Read More »ENI will Build Wind Power Plant in Kazakhstan
Now. the share of wind and solar energy in Kazakhstan’s general energy balance is 1 percent.
Read More »Sinopec to Produce 146 mln Million Barrels of Crude in Second Half of 2018
Sinopec will process 121 million tonnes of crude oil in the second half of the year.
Read More »Asian LNG Prices Hits Record
Demand from new buyers is also supporting LNG prices in the region.
Read More »Oil will Remain At Current Prices In 2018
Fifteen of the 25 analysts polled by International Business Times expect Iran’s sanctions to drive oil prices up.
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