Iraq shipped a record 3.55 MMbopd from Basra. the country’s southern outlet to the Persian Gulf. in January.
Read More »Iraq to Respect OPEC Drive to Reduce Output
Iraq hoped to more than double production from the northern Kirkuk oilfields with the help of BP.
Read More »Aramco Swaps Oil for Fuel to Tap New Markets
State oil companies like Saudi Aramco are expanding their crude sales and refining capacity to better compete in a market flush with supply.
Read More »BP Strengthens Oman Gas Ties
With its Khazzan field boosting Oman'.s liquefied natural gas output. BP has moved into marketing the fuel.
Read More »BP: Long-Term Prospect for Gas Highly Positive
The long-term picture for gas is highly positive. said Fuzzy Bitar. Head of Upstream operations. BP.
Read More »Nord Stream 2 Is a Game Changer for Gazprom
Gazprom increased gas sales to almost all its buyers in Europe.
Read More »Rosneft to Invest up to 600 mln Euros into German Projects over 5 Years
In 2016. the volume of oil refining at the company’s refinery in Germany increased by 17.8% .
Read More »BP to Ramp up Production from Kirkuk Oil Fields
The Kirkuk’s fields including Bai Hassan and Avana currently pump 140.000 to 150.000 barrels a day.
Read More »Shell`s Investment in North Sea for the First Time in Six Years
Royal Dutch Shell will pile fresh investment into a new North Sea project for the first time in six years.
Read More »China`s Oil Product Export Surge could Hamper OPEC`s Gains
In some ways China’s independent refiners have become the single most important driver of overall global crude demand growth.
Read More »