Supplying QCLNG will help make the development more profitable. Shell said.
Read More »Lukoil CEO: Oil Markets won`t Overheat
Moscow agreed to contribute around 0.3 million bpd to the cuts and Russian state and private companies are sharing the burden on a pro-rata basis.
Read More »Vienna Is the Ultimate OPEC Smokescreen
Last week. news emerged about preliminary plans to build a $20 billion complex to convert crude oil to chemicals.
Read More »Statoil to Buy Total`s Stakes in 2 Norwegian Offshore Fields for $1.45bn
Total. now expects the production from the Martin Linge field to begin in the first half of 2019.
Read More »Ten Countries may Join OPEC+ Oil Cut Deal
Ten non-OPEC countries will attend the meeting of OPEC+ in Vienna on November 30 to discuss increasing the number of the deal’s participants.
Read More »No Change in Iran-Total Contract
Despite the US pressures. western companies are still interested in investment in Iran.
Read More »Wintershall Eyes Khuzestan Oilfield
Tehran has intensified efforts to involve foreign oil and gas majors in its key petroleum industry.
Read More »Venezuela Could Lose A Lot More Oil Production
Venezuela is ordering its embassies around the world to renegotiate rents at their diplomatic missions.
Read More »Statoil to Drill 5-6 Wells in Arctic Barents Sea in 2018
Statoil plans to drill between 25 and 30 wells in Norwegian waters in 2018.
Read More »Wintershall and LetterOne in Talks for $12B Oil. Gas Merger
Talks between Wintershall and Fridman’s DEA Group are at an advanced stage.
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