Nigeria has the world’s ninth largest proven gas reserves. at 187 trillion cubic feet (tcf).
Read More »Oil Prices Pauses After Sharp Falls
Saudi Arabia'.s crude exports in April fell to 7.006 million bpd. official data showed on Monday.
Read More »SOCAR Overhauls Platform at Darwin Bank Field
In 2016. SOCAR produced 7.52 million tons of oil from Azerbaijan’s offshore and onshore fields. as compared to 8.16 million tons in 2015.
Read More »Exxon. BP and Shell Back Carbon Tax Proposal to Curb Emissions
Under the proposal. a $40 carbon tax. rising over time. would be levied on emissions in order to encourage a shift towards renewable energy sources such as solar and wind.
Read More »Schlumberger introduces Rigless Formation Evaluation. Monitoring for Any Reservoir
The service has been run to successfully guide completions designs in more than 60 wells in all the major shale plays in North America.
Read More »Iran. Eni Ink MoU on Kish. Darkhovein Fields
The firms include Shell. France'.s Total. Italy'.s Eni. Malaysia'.s Petronas and Russia'.s Gazprom and Lukoil. as well as companies from China. Austria. Japan and other countries.
Read More »Shell Signs Five-Year LNG-Supply Deal with Qatargas
Qatargas continues to win new business in an evolving market and this SPA demonstrates Qatargas’ ability and flexibility to capture new opportunities.
Read More »Total Commits $1 Billion to Iranian Gas Project
Total reached a preliminary agreement to invest $4.8 billion to develop the massive gas deposit alongside China National Petroleum Corp.
Read More »Qatar Responds to Sanctions with New Bunkering Solutions
The ports’ decision to reject Qatari vessels was in line with the UAE government’s move to sever diplomatic ties with Qatar.
Read More »Saudi Arabia Overtakes US in Recoverable Oil Rankings
Oil demand will also remain surprisingly robust over the next decade.
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