Record-low water levels in the Rhine have severely disrupted oil shipments across the country.
Read More »ExxonMobil will Evaluate Hydrocarbon Resources in Georgia
Within the scope of the Agreement. the company will evaluate the potential of hydrocarbons in West Georgia.
Read More »US Attempt to Dominate Global Oil Markets
OPEC has no capacity to compensate for a lack of oil output caused by the US.
Read More »Europe`s Economy could Suffer from Iran Sanctions
Iran’s exports of crude oil and condensate peaked in June at about 2.7 million bpd.
Read More »China Cuts Iran Oil Purchases Ahead of U.S. Sanctions
Sinopec and CNPC are skipping bookings for November because it is unclear if Chinese buyers could win waivers from the sanctions.
Read More »Oil and Gas Project Spending Needs to Increase by 20%
Annual spending is around £77billion too low to sustain production and ensure future demand growth.
Read More »Qatar will Boost LNG Production Capacity
The expansion will put Qatar well ahead of Australia.
Read More »A New Climate Change Lawsuit Takes Aim at ExxonMobil
Exxon’s role in covering up the impact of climate change has come to light in the recent years.
Read More »Venezuela has the Biggest Crude Oil Reserve in the World
Tthis country is the biggest in terms of crude oil reserves.
Read More »North Korea`s 2017 bomb test set off later earthquakes
North Korean nuclear bomb test last fall set off aftershocks over a period of eight months.
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