Tag Archives: Europe

This cooperation will help the normalization of the socio-economic situation in the country.

The development follows the announcement last month of plans to develop the world'.s first LPG bunkering hub in Busan. South Korea.

Qatar Petroleum entered into an agreement with Total of France to acquire a 25% participating interest in the Exploration Block 11B 12B.

These two companies will retain a shared 30 percent interest alongside operator ExxonMobil. which has a 35 percent stake.

The quality of crude oil is measured based on the amount of sulphur and the level of gravity or density.

Under an initial agreement. Russia was expected to buy up to 500.000 b d of oil in return for Russian equipment and commodities.

The Russians and Americans are going head-to-head in a global oil and gas market.

The BPme app allows customers to pay for fuel using their smartphone from within their car.

Shell is to increase the capital allocated to its new energies division. which includes offshore wind. to $1-2 billion a year until 2020.

Natural gas production was at 65.35 billion cubic meters (bcm) last month. or 2.11 bcm a day. versus 63.5 bcm in December.