Energy companies including BP. Total. Statoil and Eni are present in Russia.
Read More »Middle East Remains Largest Oil Exporting Region
The study predicted that Middle East oil production would reach 37 million barrels per day (bpd) by 2040.
Read More »Algeria`s Sonatrach Signs MoU with BP. Statoil
BP and Statoil are already present in Algeria. working with Sonatrach at the Tiguentourine gas plant in the region of In Amenas.
Read More »Inpex Wins 10 Percent Oil Stake in Abu Dhabi Oil Field
The Japanese company is the first of the partners in the present offshore concession to renew its holding in the deposits.
Read More »Exxon Close Facilities in Papua New Guinea to Assess Quake Damage
The U.S. oil giant closed the facilities to assess damage from a magnitude 7.5 earthquake early Monday morning.
Read More »BP Predicts Plastic Bans to Impact Oil Demand
BP predicted that oil demand would continue to grow at about 0.5% through 2040.
Read More »World will Remain Thirsty for Oil for Decades
BP predicts that there will be two billion cars worldwide by 2040 but that internal combustion engine will continue to dominate.
Read More »Oil Demand to Peak Around Within 20 Years
BP'.s views on peak-oil demand aren'.t universally accepted in the industry.
Read More »U.S.. Canada Confrontation for LNG Dominance
Tight gas from shale is expected to account for 70-75 percent of Canada’s production in 2025.
Read More »India. the Leader of Global Oil Demand By 2035
India is expected to post continued robust growth in the working-age population in the next five years.
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