OPEC and its allies achieved a historic 149 per cent compliance in March.
Read More »India`s Oil Import from Iran Reduced
India’s oil imports from Iran during the 2017-18 fiscal year fell by 15.7% from a year ago.
Read More »Exxon Has Challenge in Iraq as Oil and Water Mix
Many of the world’s biggest oil companies. like BP. Total. Royal Dutch Shell and Eni. have operations in Iraq.
Read More »Gazprom and Saudi Aramco Expand Cooperation
Earlier this year. Russia and Saudi Arabia boosted further their energy ties.
Read More »BP to Develop Deep-Water Indian Gas Fields
The deep-water gas fields in India are part of the second phase of three projects and will bring fresh gas production to the country.
Read More »S. Korea’s Largest Refiner to Replace Iranian Oil with Nigerian Light Crude
Since the fourth quarter of last year. SK Incheon Petrochem has cut its monthly Iranian condensate imports by nearly half to 1.1 million barrels.
Read More »SOCAR Contributes to the Global Climate Change Efforts
SOCAR emissions from gas flaring stand at 0.3 million cubic meters per thousand barrels of oil equivalent per year.
Read More »China`s Successful Compulsion of Vietnam in the South China Sea Deserves US Attention
Washington failed to back up its words with action after Beijing pressured Hanoi into abandoning a South China Sea oil drilling project.
Read More »Economic Growth in MENA is 3.1% in 2018
MENA is expected to achieve economic growth of 3.1% in 2018.
Read More »Kuwait Mulls Increasing Gas Output
Approximately 60 percent of Kuwaiti consumption of natural gas is used for the refining and petrochemical sector.
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