Tag Archives: International News Agency

Artificial intelligence has been making inroads into the oil and gas industry for a while.

Natural gas export is among main sources for replenishment of the Turkmenistan’s budget.

Around 300.000 bpd of crude oil previously pumped and exported in the Kirkuk province to the Turkish port of Ceyhan.

Aramco planned to invest up to $1.6 billion in Hyundai Oilbank. to expand its foothold in South Korea.

OPEC and its allies meet in June to decide whether to continue withholding supply.

Novatek became Russia’s top LNG producer after starting up its plant in the Yamal peninsula almost two years ago.

Several geopolitical factors in the coming months could lead to higher oil prices than the current $71 a barrel Brent.

Construction on the platform started in May 2012 in the South China Sea.

Oil supplies from OPEC slid to their lowest level in four years in March.

U.S. sanctions have removed 800.000 bpd of heavy crude from the global market.