By December 2017. the volume of active rigs was less than half of what it was two years earlier.
Read More »S. Korea. Russia Agree to Advance Energy Cooperation
Russia is the world'.s second-largest LNG exporter. while South Korea is the world'.s No. 2 LNG importer.
Read More »U.S.. Canada Confrontation for LNG Dominance
Tight gas from shale is expected to account for 70-75 percent of Canada’s production in 2025.
Read More »Venezuelan State Oil Firm Use National Cryptocurrency
The petro is backed by the country’s oil. gas. gold and diamond reserves.
Read More »Azerbaijan. Russia Interested in Creation of Electrical Grid with Georgia
During the meeting in Moscow. the sides discussed a number of issues of great importance in the energy sector.
Read More »Total Talks Gas Extraction at Azerbaijani Absheron Field
JOCAP. with 50 percent share held by SOCAR and Total each. will be the operator of Absheron project.
Read More »Hyundai to Foster Fuel-Cell Vehicles in China in 2018
China is steadily promoting the related technologies of hydrogen fuel-cell EVs.
Read More »China`s Energy Revolution Calls for Rethink by Fossil-Fuel Ports
China steers toward a car industry based on NEVs. the oil trade will lose its luster.
Read More »Qatar and IAEA Implement Seven Projects
One of the projects is aimed at preparing cadres to tackle the emergency condition of nuclear radiation by providing necessary equipment and trainings.
Read More »Novatek – Saudi Aramco Signe MOU
Novatek has signed a Memorandum of Understanding (MOU) with Saudi Aramco. the Saudi Arabian National Oil Company.
Read More »