BP’s industry-leading digital rocks program was established 10 years ago.
Read More »Petchem Giants Seek Investment in Iran
NPC aimed to exploit modern and international financial tools for expansion of petrochemical industry.
Read More »India Will Cut Oil Imports from Iran by a Quarter
The volume cuts would put India'.s imports of Iranian crude for this fiscal year at 370.000 barrels per day.
Read More »U.S. Crude Production is Surging. Complicating OPEC’s Efforts to Rebalance the Oil Market
Exploration and production firms are still adding drilling rigs at an average of almost 10 per week.
Read More »Norway`s Statoil Interested in Algerian Offshore. Renewables
Algeria will announce shortly a major solar project of 4.000 Megawatts as part of its renewable energy development.
Read More »2 Refinery Rehab Projects Awaiting Funds
Bandar Abbas Refinery’s mazut production will be reduced to less than 10% of the total while sulfur output will fall to less than 1%.
Read More »Baker Hughes Claims to Have Cut Millions of Dollars off Deepwater Fracking Costs
Baker Hughes have built a new deepwater fracturing tool that it claims can save companies “hundreds of millions of dollars”. The American-based oil service firm announced the new tool. DEEPFRAC. which eliminates certain steps of offshore fracturing operations and induces rapid stimulation of over 20 stages. On a recent job …
Read More »US Shale Oil Alone Cannot Meet the World`s Growing Demand for Crude
Many environmentalists and Democrats counter that Obama-era measures were critical to reducing America'.s contribution to climate change.
Read More »Baker Hughes Introduces Multi-Stage Fracturing Service for Deep Water
Conventional offshore stimulation systems are often limited to only five zones or ‘stages’ and these systems lack configuration flexibility.
Read More »Saudis Take 100% Control of America`s Largest Oil Refinery
Saudi Aramco. the kingdom'.s state-owned oil behemoth. took 100% control of the sprawling Port Arthur refinery in Texas.
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