Extraction of natural gas has been on decline in Europe. including in the United Kingdom. Norway and The Netherlands.
Read More »Big Oil CEOs Warn Trump Tariffs Hurting Oil Sector
The CEOs of the two largest U.S. oil companies said Tuesday that tariffs enacted by the Trump administration would slow growth in the U.S. oil and gas sector.
Read More »US could ask Russia to Boost Production as Washington Prepares to Sanction Iran
Russian Energy Minister Novak is on his way to Washington to attend the World Gas Conference.
Read More »ADNOC Mulls to Take Stake in Ratnagiri Refinery Project
UAE supplies a small quantity of oil to India.
Read More »Russia will Develop Two Joint Fields between Iran.Iraq
Iran is negotiating with Russia’s Gazprom Company for the development of Azar and Changooleh oilfields shared between Iran and Iraq.
Read More »Total Extends Algeria Gas Exploration Contract
In 2017. Total produced 15.000 barrels of oil equivalent per day (boe d) in Algeria.
Read More »Russia will Propose `Proportional` Crude Oil Output Increase
Russia has received significant additional earnings from a 40% increase in oil prices over the course of the production cut deal.
Read More »NIOC CEO Designate NICO Vice-Chairman
Ali Akbar Pourebrahim appointed as the new vice-chairman and CEO of the Naftiran Intertrade Company (NICO).
Read More »Russia`s Gazprom Neft Wants Flexible Quotas in OPEC-Led Deal
Russia'.s largest crude producer Rosneft was also in a position to be able to add 100.000 b d to production in a few days.
Read More »OPEC Charges Extra price. India Loses Billions of Dollars
India has been urging the OPEC to end Asian Premium with Prime Minister Narendra Modi.
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