The operation of the Al Shaheen Field under the new arrangement runs for 25 years. starting on July 14.
Read More »Pakistan to Become Major LNG Importer by 2022
Last year Pakistan and Qatar had signed multi-billion dollar liquefied natural gas (LNG) deal.
Read More »Saudi Aramco CEO Believes Oil Shortage Coming Despite U.S. Shale Boom
Despite U.S. production records. Saudi Aramco CEO Amin Nasser believes shale oil won’t be enough to prevent a future shortage.
Read More »Kazakhstan Remains Committed to Global Oil Output Cut Deal
Kazakhstan remains committed to its obligations under the global oil output cut deal between OPEC and non-OPEC members which lasts until April 2018.
Read More »Iran Aims to Rise West Karoun Output
The field holds 2.5 billion barrels of crude oil in place. some 400 million barrels of which are recoverable.
Read More »Erdogan Warns Oil Companies Over Projects with Greek Cypriots
Total TOTF.PA won an offshore exploration license from Cyprus for drilling this year.
Read More »Iran Expects Sharp Increase in Gas Output. Exports
France'.s Total signed a deal earlier this month to help Iran increase gas output from the giant South Pars gas field. which the country shares with Qatar.
Read More »Total Makes Clear Qatar Rift Will Not Dictate Business Deals
Total however also has large projects in Saudi Arabia and the UAE. highlighting the complexity of investing in the Middle East.
Read More »Tillerson Gets an Oil Industry Award. Says He Misses His Former Colleagues
The former ExxonMobil chief expressed his gratitude and said he misses the oil industry.
Read More »Istanbul Welcomes Oil. Gas Leaders at 22nd World Petroleum Congress
The 22nd WPC convenes the leaders of the energy industry and provides a forum to debate on the current issues. developments and solutions for a sustainable energy future.
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