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 »Baker Hughes Wins Major Deal for Egypt`s Zohr Gasfield
Project has potential to meet Egypt’s growing gas demand and save the country billions of dollars.
Read More »Shell Invests to Boost Global Gas Demand
As well as accelerating the transition to gas. Van Beurden has advocated a price on carbon and worked to promote hydrogen as a transport fuel.
Read More »Russia Likely to Back Extension of OPEC Deal as Prices Stabilize
Russia’s publicly traded oil producers. both state-led and non-state. have voluntarily reduced output in order to support prices.
Read More »Qatar to Return Envoy to Iran as Gulf Arab Crisis Persists
Qatar plans to strengthen bilateral relations with the Islamic Republic of Iran in all fields.
Read More »OPEC. Non-OPEC Nations to Meet on Compliance with Oil Targets
Iraq. the second-biggest producer in OPEC. will also attend the meeting. the people said.
Read More »Sasol Profit Falls on Strong Rand as Secunda Output Hits Record
Sasol shares climbed as much as 4 percent in Johannesburg trading. the most since March 31. and were 3.9 percent higher at 386.50 rand as of 10:05 a.m. local time.
Read More »First Pipeline Plan Draws Anger of American Oil
Donald Trump’s allies in the oil industry are warning the president that his bid to boost US steelmakers could backfire against their efforts to achieve his goal of ``American energy dominance.``
Read More »Total in Talks with Myanmar to Build Power Plant. Supply LNG
Total SA is in talks with Myanmar to supply the country’s most populous city. Yangon. with liquefied natural gas.
Read More »OPEC Needs More Oil from Libya. Nigeria as Market Re-Balances
Compliance with production cuts by members of the Organization of Petroleum Exporting Countries is excellent.
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