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The Middle East accounted for just under half of China’s crude oil imports in 2016.
Read More »China Looks Beyond the Middle East for Its Crude Oil Fix
China Creates World’s Biggest Power Group with $271B in Assets
The new company resulting from the merger is expected to be named National Energy Investment Corp.
Read More »Norwegian Company to Provide Technology for Deep-Water Drilling at Azerbaijani Gas Field
Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate. according to the estimations of SOCAR geologists.
Read More »UAE Pledges to Cut Oil Output by 10%
Decision by ADNOC is attempt to meet the country'.s latest OPEC commitments.
Read More »Syrian Army Enters Dayr al-Zawr from Badia Desert Region
Daesh controls most of the oil-rich Dayr al-Zawr Province. but the terror outfit is under pressure from Syrian forces advancing from the west.
Read More »Iran Will Export Gas to Basra Soon
Iran (34 trillion cubic meters) and Russia (32.6 tcm) hold the largest proven gas reserves.
Read More »There is No Coordination Between Kurdistan. Iraq in Energy Sector
Over 250.000 barrels of oil are exported out of Kirkuk per day.
Read More »ExxonMobil Completes Takeover of One World’s Largest Aromatics Plants
The deal will increase ExxonMobil’s Singapore aromatics production to more than 3.5 million tonnes per year.
Read More »Oman. Largest Non-OPEC Producer in Mideast
The greatest growth potential for Oman’s natural gas production is in the Khazzan-Makarem field in BP’s Block 61.
Read More »Venezuela Oil Minister to Visit Russia Ahead of Sept. 22 Vienna Meet
During his meeting with Russian counterpart Alexander Novak. the Venezuelan oil minister will discuss the implementation of the OPEC+ global oil output cut deal.
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