The country is aiming to raise oil output to around 4 million bpd by the end of the year and 4.5 million bpd within five years from around 3.8 million bpd in recent months.
Read More »India Receives First-Ever Shipment of US Crude Oil at Paradip Port
Indian companies. both public and private. have invested about $5 billion in US shale assets.
Read More »The Next Big Offshore Boom Is About to Happen in Brazil
Exxon will now join these fellow supermajors in the Brazilian shelf. partnering with Petrobras on six of the ten licenses it won.
Read More »Erdogan`s Visit to Tehran Very Important Due to Regional Developments
The two countries'. cooperation will form stability in the region.
Read More »Iran. Japan Sign MoU to Reduce Air Pollution in Tehran
In recent years. Air pollution has tuned into a major challenge to the Iranian government.
Read More »Oil Price Rally Accelerates Shale Boom in Argentina
Last year Exxon said they may invest over $10 billion in Vaca Muerta shale projects over the next few decades.
Read More »Citi: An Oil Supply Squeeze Is Inevitable
Venezuela is in disarray and in no condition to expand its oil production.
Read More »Russia`s Gazprom Neft Beefs Up Security at Its Iraqi Kurdistan Branches
The company'.s management is prepared for any situation. Gazprom Neft Middle East CEO says.
Read More »Turkey Agrees to ‘Only Deal with Baghdad’ Over Oil Exports
Oil exports serve as the KRG’s main source of income.
Read More »Iran Annoyed at Shelving of IP Gas Pipeline Project
Till now Iran has not responded positively to the move of Pakistan seeking force majeure.
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