Korpfjell is the fourth well that Statoil has drilled in its 2017 exploration campaign in the Barents Sea. which has been fairly disappointing so far.
Read More »Despite New U.S. Sanctions. Russian Oil Traders Business as Usual
Several Russian banks are already subject to U.S. and European Union sanctions.
Read More »Iran Earns $3.3 Billion of Four-Year Power Exports
Data show some 240 megawatts. or just around 0.3% of Iran'.s total electricity supplies come from renewable sources such as solar and wind.
Read More »Norwegian Company to Provide Technology for Deep-Water Drilling at Azerbaijani Gas Field
Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate. according to the estimations of SOCAR geologists.
Read More »UAE Pledges to Cut Oil Output by 10%
Decision by ADNOC is attempt to meet the country'.s latest OPEC commitments.
Read More »European Giants Bidding for Azadegan
South Azadegan is believed to hold an in-place oil reserve of about 33.2 billion barrels and its recoverable resources estimated at about 5.2 billion barrels.
Read More »Iran Will Export Gas to Basra Soon
Iran (34 trillion cubic meters) and Russia (32.6 tcm) hold the largest proven gas reserves.
Read More »First Black Female to Head Multi-National Oil Industry – BP
Priscillah’s appointment is in-line with two recent female senior executive appointments to the BPSA leadership team.
Read More »ExxonMobil Completes Takeover of One World’s Largest Aromatics Plants
The deal will increase ExxonMobil’s Singapore aromatics production to more than 3.5 million tonnes per year.
Read More »Oman. Largest Non-OPEC Producer in Mideast
The greatest growth potential for Oman’s natural gas production is in the Khazzan-Makarem field in BP’s Block 61.
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