Chinese state majors increased production because of the rising oil prices.
Read More »Turkish firms will Attend to Iraqi Tender Worth $1B
Trade between Turkey and Iraq has been interrupted many times due to problems in Northern Iraq with the Kurdistan Regional Government (KRG).
Read More »Iran Starts Storing Oil in Supertankers
Buyers who defy the US sanctions risk having their banks frozen out of the American financial system.
Read More »Egypt will Exploit New Gas Field from Next October
The new area comprises two deep-water wells. which belong to a concession of the U.S. oil company Shell.
Read More »Rosneft Allows CNPC to Buy Siberia Project Stakes
This agreement concerns large oil and gas projects in eastern and western Siberia.
Read More »Oil Reached USD 80. the Highest since May This Year
Oil traders are looking at the evolution of the category 4 Hurricane Florence. which is expected to make landfall in the USA coast by Friday.
Read More »Gazprom. Mitsui Sign MoU on Baltic LNG Plant
Baltic LNG plant is reportedly expected to fulfill the demands of the European and Latin American markets.
Read More »India Mulls Policy to Let Oil Companies Sell Products to Affiliates
The amendment was prompted by the Directorate General of Hydrocarbons.
Read More »U.S. Energy under Threat of Cyber Attacks
The difficulty is for the intruder to drill down into the computer-managed engineering systems of the grid and attack the programmable controllers.
Read More »Iran`s Oil Revenues Jump 60% in March-July
Iran’s key customers in Asia—no.1 China and no.2 India—are not expected to cut off their imports of Iranian oil.
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