Tag Archives: Asia

The development follows the announcement last month of plans to develop the world'.s first LPG bunkering hub in Busan. South Korea.

The Italian oil major may have hit another find comparable to its giant Zohr field offshore Egypt.

Subsidiaries of CNOOC. Hess Corp. Chevron Corp and Statoil ASA each have a 25-percent stake in the project. while Hess is the operator.

Qatar Petroleum entered into an agreement with Total of France to acquire a 25% participating interest in the Exploration Block 11B 12B.

ONGC aims to produce 15 million standard cubic meters a day of gas and 77.000 barrels a day of oil from the block.

Shale gas will only become a leading driver for growth in the longer-term.

The quality of crude oil is measured based on the amount of sulphur and the level of gravity or density.

Since 2007. China has loaned more than $50 billion to Venezuela through an oil-for-loans.

Growth in shale production should limit any increases in Saudi oil pricing.

Armenia by around 30.000 kilometers area and with a population of 3 million is located in Caucasus Region and in the year 1991 it became independent from the Soviet Union.