Tag Archives: International Companies

Zohr was discovered by Eni in August of 2015 and. with a total potential of 850 billion cubic meters of gas in place. is the largest natural gas field ever discovered in the Mediterranean.

Shell declined to reveal the amount invested by Shell Technology Ventures. the company'.s corporate venturing arm.

The move is a sign that the market in the region is tightening.

Venezuela is a key source of heavy sour crude supplies for U.S. refiners.

Bangladesh plands a third LNG-import venture on Moheshkhali. at Matabari. Power Cell is offering a 60% stake in this land-based. 3.5 mta project.

Last week. Shell announced a triple increase in net earnings attributable to shareholders for the second quarter of the year. to US$3.6 billion.

Shell shut down most of the units at the 404.000 barrel per day (bpd) Pernis oil refinery in the Netherlands following a power outage caused by a fire on the evening of July 29.

Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Petropars 19.9 percent.

Italy purchased 2.8 million tons in the four-month period. accounting for nearly 30% of all imports.

With 137.6 billion barrels of proven reserves. Iran has the world’s fourth largest crude deposits.