Move follows pressure from US as prices breach $80 a barrel.
Read More »Large Deepwater Discovery in Gulf of Mexico by Shell
Shell expects its global deepwater production from already discovered and established areas to exceed 900.000 boe d by 2020.
Read More »US Oil and Gas Production is Leaving Saudi Arabia and Russia Behind
The EIA estimates that the US pumped the equivalent of 30 million barrels of oil per day in 2017.
Read More »OPEC to Mull New Ways to Control Oil Stockpiles
OPEC and allied oil producers including Russia are discussing new ways of measuring global crude stockpiles.
Read More »UAE`s Firm to Take Stake in Subsidiary of Russia`s Gazprom
Middle East oil producers and Russia have forged closer ties since striking a deal to cut global crude output in a bid to remove a glut in supplies.
Read More »MAN to Equip World’s First LNG-Powered Fishing Trawler
MAN Diesel &. Turbo customers benefit from an industry leading portfolio of solutions and products to help make that fuel-switch.
Read More »EU Urges Russia. Ukraine to Resume Trilateral Gas Talks
Šefčovič’s statement from Brussels reiterated the need for continued. long-term transit of Russian gas through Ukraine to the EU that would be both reliable and commercially viable.
Read More »Rosneft Discovers New Oil Field in Iraq
This discovery as an important milestone in the development of exploration and production projects abroad.
Read More »OMV to Maintain Cooperation with Iran
OMV is an international. integrated oil and gas company. headquartered in Vienna.
Read More »Shell in Court over Oil Spills
The Bodo oil spills have been the subject of years of legal wrangling.
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