Malaysia’s national oil company Petronas holds a 30 percent stake in the field while the Iraqi government holds the remaining 25 percent.
Read More »Gazprom. BOTAS to Create Joint Venture for TurkStream
Joint project company will be named TurkAkim Gaz Tasima AS. says Russian daily.
Read More »Qatar Says It`s Fulfilling Oil and Gas Deals Despite Gulf Crisis
Qatar. OPEC’s fourth-smallest producer. pumped 610.000 barrels of crude a day in August compared with more than 700.000 barrels daily in 2014.
Read More »Indonesia to have Largest Geothermal Power Capacity by 2021
The projection takes into account the geothermal development in the Philippines that has reached its existing reserves.
Read More »Shell Says to Focus on Basra Gas in Iraq after Majnoon Exit
Basra Gas Company is a joint venture between Shell. South Gas Company and Mitsubishi and the Petrochemical Project NEBRAS.
Read More »Is Russia Pushing Saudi Arabia Out of Asia?
The CEFC deal will see the Chinese company buy most of the 19.5-percent stake in Rosneft that Glencore bought last year in a partnership with the Qatar Investment Authority.
Read More »Extending the OPEC Cuts Deal: An Option or A Must?
Unless a miracle happens and fundamentals change miraculously. an extension is a must and not just an ``option.``
Read More »Premonition of War: Japan Backs US Plan to Curb N Korea`s Oil Imports
North Korea sees its situation as quite similar to Imperial Japan'.s outlook in the early 1940s.
Read More »SOCAR Launches New Environmental Project at Baku Oil Refinery
Construction and assembly works on the new project. proposed by the plant. have been started to improve the process of separating oil products from industrial water.
Read More »Saudi Arabia. UAE. Venezuela Open to Extending Oil Production Cuts
Trio plus Kazakh agree to keep all options open including the possible extension of output cuts beyond next March.
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