Norway'.s oil production has been halved since a 2000 peak.
Read More »TANAP Contributes to Bring Azerbaijan`s Gas Resources to Europe
The length of TANAP is 1.850 kilometers. with an initial capacity of 16 billion cubic meters of gas.
Read More »Iraq Welcomes Companies to Invest in New Kirkuk Pipeline
The pipeline will run for over 350 km. and will be 48 inches in diameter.
Read More »Daelim Set to Complete Iran Refinery Project in 2020
Besides the Koreans. the Chinese too are planning multibillion-dollar optimization and expansion of two major oil refineries in Iran.
Read More »Russia Bets on Shale Oil
With many Soviet-era oil fields in decline. Russia will need new sources by the mid-2020s if it wants to maintain production.
Read More »Saudi Aramco Faces a Momentous Year as IPO Deadline Apears
The sale of shares in Aramco is a complex and significant financial transaction.
Read More »Russia. Uzbekistan Ink Nuclear Energy Deal
The collaboration could include creation and development of infrastructure in Uzbekistan.
Read More »Oil-Rich Venezuela Suffers from Gasoline Shortage
Venezuela’s oil production has fallen to levels not seeing since the late-1980s.
Read More »Saudi Aramco Launches Shipyard Joint Venture
Initial production and service operations are expected to commence in 2019.
Read More »Shale Shows Restraint with Drillers Closing 2017 at Standstill
Oil output in the U.S. dropped last week for the first time in more than two months.
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