Tag Archives: International Companies

Iran has started providing ships as well as insurance cover to continue exporting crude oil to India.

Germany is taking every effort to implement the Russian-European Nord Stream 2 project.

Maduro says this is a way of boosting country'.s international reserves.

The Nord Stream 2 line has faced criticism because it would allow Gazprom to bypass Ukraine'.s pipeline system.

Total produced 2.7 million barrels of oil equivalent per day in the first six month of the year. compared to 2.5m in H1 2017.

Rosneft reported a sevenfold increase in its net profit for the first quarter of this year on the back of higher oil prices.

Shell and BP predict oil consumption may flat line in the mid-2030s.

The increased spending will push output in the Xinjiang Autonomous Region to more than 50 million tonnes of oil equivalent between 2018 and 2020.

Looking to build on recent success. BP. Eni and Shell have all been aggressively approving greenfield projects during the downturn.

Aramco pumps around 10 million bpd of crude oil.