In 2017. Total produced 15.000 barrels of oil equivalent per day (boe d) in Algeria.
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Sonatrach seeks to rank among the top five oil companies in the world.
Read More »Russia in Talks to Build Gas Pipeline Uniting the Korean Peninsula
South Korea is interested in buying 10 billion cubic meters of gas per year from Russia.
Read More »Kazakhstan Offers TANAP Participants to Share Its Experience in Expenditures Control
Kazakhstan is ready to share its experience in expenditures control. within the framework of the construction and operation of gas pipelines.
Read More »Azerbaijan Wants to Send Gas to Europe as Turkey Launches TANAP
Around 80% of the pipes used in the project were purchased from Turkish suppliers. while 20% were imported from China.
Read More »Russia will Propose `Proportional` Crude Oil Output Increase
Russia has received significant additional earnings from a 40% increase in oil prices over the course of the production cut deal.
Read More »LNG Market to Tighten After 2024
Qatar aims to have boosted its LNG export capacity from the current 77 million tons to 100 million tons annually.
Read More »OPEC Resistance to Saudi Plan as Iraq Objects
Saudi Arabia has enjoyed diplomatic ties with the US for decades.
Read More »Venezuela Lack of Oil to Export By 2019
Crude oil production in Venezuela is practically falling at an average of 10% every quarter and has been since mid-2017.
Read More »ExxonMobil to Start Drilling Off Shore in Guyana
ExxonMobil spent about US$24 million with more than 300 local suppliers in 2017.
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