Tag Archives: International Companies

The slowdown in China’s industrial activity is causing the worst shock to oil demand in over a decade.

Three of the world’s largest oil traders are seeking to store crude on tankers at sea as the industry tries to deal with a glut that’s emerged since the outbreak of the coronavirus in China.

Chevron has ramped up output at a key Venezuela oil project to levels not seen in almost a year. offering a thorny reminder of how U.S. sanctions are failing to deliver a knockout of Nicolas Maduro’s regime.

Iraq’s proven oil reserves stand at over 145 billion barrels. while gas reserves exceed 3.7 trillion cubic meters.

The gas pipeline will enable the Russian Federation to optimize gas supplies.

Qatargas is delighted to conclude this new SPA with Shell.

The purchase of the 8.1% interest will take the share of Siemens to around 67% in total.

It notes ``changes in the scale and composition of the oil and gas portfolio`` will be vital in reaching the target.

Edison owns an 11% stake in the Reggane Nord gas project and had recently renewed a supply contract running through to 2027.

The U.S. is preparing to step up enforcement of international rules limiting sulfur in ship fuel.