Oil markets are on track to come into balance next year.
Read More »Baker Hughes Signs Power Generation Deal with Iraqi Firm
The Halfaya oilfield was discovered in 1976 with 4.1 billion barrels in reserves and is situated in the southern part of Iraq .
Read More »Is This The New Sweet Spot For Shale?
New Mexico may have cheaper prices and costs. but it also has some takeaway capacity and oilfield infrastructure constraints.
Read More »Mitsubishi Completes Gas Turbine Testing
Mitsubishi Heavy Industries Group will integrate and expand the product and technology lineup of its energy and oil and gas business to meet market needs.
Read More »Russia to Waver on Length of OPEC Output Cuts Extension
OPEC and allied oil producers should extend their production cuts beyond March to help rebalance the market.
Read More »Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig
Tesla is far from alone in trying to electrify semi trucks.
Read More »How to Survive Downturns in the Oil Industry
The heads of BP and Total spoke at Adipec about the need to buck trends and invest in tough times.
Read More »Saudi Aramco to Spend $300bn on Energy Projects
The Saudi government plans to list five per cent of Aramco’s shares in 2018.
Read More »Aramco to List Shares In Hong Kong ‘For Sure’
Most of the recent talk about Aramco’s international listing venue has centered on New York and London.
Read More »First Phase of Khazzan Gas Field Inaugurated
The Khazzan tight gas reserves lie at depths of up to five kilometres in narrow bands of extremely hard. dense rock.
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