The Indian government has not yet disclosed the price tag for making this significant switch away from crude and toward natural gas.
Read More »Venezuela Reaches $1.4 Billion Deal to Avoid Losing Control of Citgo
Venezuela has struck a $1.4 billion deal to retain control of Citgo Petroleum Corp.
Read More »CNPC Replaces France`s Total in South Pars Gas Project
CNPC already holds a 30 percent stake in the giant field.
Read More »U.S. Oil Firms Interested in Offshore Projects
Egypt has signed a deal with Cyprus for the construction of a pipeline that will channel gas from the island’s Aphrodite field to facilities in Egypt.
Read More »Japan. South Korea to Resume Iran Oil Imports from January
It takes about 25 days for oil shipments from Iran to arrive at South Korea.
Read More »Argentina to Start 1st-Ever LNG Exports in 2019
The FLNG unit will be redeployed as Tango FLNG to produce and export LNG from Vaca Muerta. one of the few shale gas plays in production outside the U.S.
Read More »Turkey Accelerates Its Efforts to Become Energy Trading Hub
TurkStream is one of the vital energy projects for Turkey to become an energy trading hub.
Read More »U.S. President Can’t Live Without OPEC
Saudi Arabia says repeatedly that it won’t balance supply and demand on its own.
Read More »Sechin Rebukes Venezuela Oil Shipments
Venesuela'.s oil production has fallen to just 1.17 million barrels-per-day. a 37 percent drop in the last year.
Read More »Iran Ups Non-Oil Exports to Indonesia
Iran considerably increased the value of its non-oil exports to Indonesia in the first half of the current Iranian year.
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