Tag Archives: International Companies

Expensive energy is back and it is threatening global economic growth.

Russia’s natural gas is more competitive. according to the chairman of the Energy Committee of the Russian parliament. Pavel Zavalny.

OOCEP holds a 40 percent stake in the block. while Britain’s BP holds the remaining 60 percent.

Both firms were roped in by the Iraqi government to help reduce gas flaring. which the oil ministry hopes to snuff out by 2021.

It is doubtful that PGNiG will manage to earn dramatically in this highly competitive environment.

ADNOC has a target to have production capacity of 3.5 million bpd by the end of this year.

Since 2006 to date. no one delivered more oil to China than Saudi Aramco.

Saudi Arabia has been raising its production faster than many expected.

The supply deal will likely start ahead of this winter and it will be for about three years.

Production from the nation’s major shale plays is expected to rise by almost 100.000 bpd month-on-month in November.