The regulation of crude oil exports is expected to deliver significant synergies in marketing and logistics.
Read More »U.S. Shale Can’t Offset Decreased Oil Discoveries
WoodMac expects 2018 to be a third consecutive year of increase in the number of project sanctions from the 2015 low.
Read More »Big Oil`s Exit Urges Norway Tending to Its Own Petroleum Future
Norway'.s oil production has been halved since a 2000 peak.
Read More »Iran Self-Sufficient in Production of Gas Turbo-Compressor Systems
Iran has become self-sufficient in manufacturing turbo-compressor units used for transfer of natural gas.
Read More »Saudi Aramco Launches Shipyard Joint Venture
Initial production and service operations are expected to commence in 2019.
Read More »Gazprom’s Power Of Siberia To Start Pumping In 2 Years
Asia’s biggest economy has also become the second-largest importer of LNG.
Read More »According to Gazprom. Austria to Set New Record for Russian Gas Imports in 2017
Russian gas monopoly Gazprom and Austria’s OMV discussed ongoing and future cooperation between the companies.
Read More »BP. Rosneft to Drill in Russian Arctic
Rosneft and BP will make joint efforts to develop new deposits. including those containing tight gas.
Read More »Kuwait Aims To Boost Oil Output By 40%
By expanding infrastructure both upstream and downstream. Kuwait is positioning itself to capitalise on rising global energy demand.
Read More »BP Re-Enters Solar Power Market with $200 Million UK Deal
After a six-year absence. BP Plc returned to the solar-energy business with a $200 million investment in a British company that develops and maintains photovoltaic farms in Europe.
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