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China’s ties to Islamabad have deepened in recent years as Beijing has pledged to fund $57 billion in infrastructure as part of its Belt and Road initiative.
Read More »China Interested in Joining TAPI Pipeline Project
Exxon Is Close To Discover A Mega Oil Reserves
Pakistan currently meets just 15 percent of its petroleum demand with domestic crude oil production.
Read More »Russian Oil and Gas Companies Serious Problems due to Sanctions
Russia’s ability to increase its oil extraction on its current technological basis has been effectively depleted.
Read More »LNG to Become the Fuel of Choice for Shipping
The marginal cost of gas in transport is lower than that of oil-related fuels.
Read More »Saudi Arabia Turns to Nuclear Power
The domestic price of oil used for electricity generation and desalination is highly subsidized.
Read More »14 Experts to Speak on `The Power of Tomorrow` At CEPSI 2018
TNB is hosting the biennial event on behalf of the Association of the Electricity Supply Industry of East Asia and Western Pacific (AESIEAP).
Read More »Oil Industry`s Supply Crunch Looks Inevitable
U.S. shale production is expected to slow over the next year.
Read More »Eni to Develop Discoveries in Mexico`s Offshore Area 1
Eni is present in Mexico since 2006 and established its wholly-owned subsidiary Eni Mexico S. de R. L. de C. V. in 2015.
Read More »China Refuse U.S. Ask to Cut Iran Oil Imports
The oil market has been speculating about how much of Iran’s exports could be eroded by the U.S. sanctions.
Read More »BP will Dig Its First Exploratory Well in Gulf of Suez
The project is awaiting completion of security approvals and the licenses necessary to start drilling.
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