Tag Archives: International Companies

Venesuela'.s oil production has fallen to just 1.17 million barrels-per-day. a 37 percent drop in the last year.

TAP will be 878 kilometers in length (Greece 550 kilometers. Albania 215 kilometers. Adriatic Sea 105 kilometers. and Italy 8 kilometers).

Novatek plans to boost LNG output to 56mn tonnes by 2030.

Once the project is finalized. TurkStream will carry natural gas from Russia to Europe via Turkey. bypassing Ukraine.

Turkish Stream will have two lines. each able to carry up to 15.75 billion cubic meters.

Aramco signed five new crude oil supply agreements with five Chinese customers in Shanghai in early November.

The company has a deal to buy 180.000 barrels per day (bpd)Iranian oil this fiscal year.

The oil market could tip into a shortage in the 2020s because ``nobody is allowed to fully invest in future oil production.

China’s total crude oil imports in October hit a record-high.

The increase in the volume of this export will take place in several stages.