NIDC is pursuing two major targets in the neighboring country.
Read More »TOTAL Starts Natural Gas Extraction in the Gulf of Mottama
The M5 field is expected to yield 780 million cubic-feet of natural gas per day.
Read More »Oil Climbed as Geopolitical Risk Resurfaces in Libya
Oil prices are responding to the tightening of supply due to the Libyan production halt.
Read More »OPEC – Shale Competiton?
Non-OPEC states pledged to jointly reduce oil output by 558.000 barrels per day.
Read More »Russia`s Rosneft Important Role in Fixing Iraqi Kurdistan Oil Flows
Baghdad says only SOMO has the right to export Iraqi crude.
Read More »Exxon`s Papua New Guinea LNG Project Halts for Eight Weeks
The 7.5 magnitude quake on 26 February triggered landslides and flattened buildings.
Read More »Venezuela`s Saviours?
Both China and Russia have extended massive credits to Caracas.
Read More »Shutdown of Libyan El Sharara Oilfield from Pollution Protest
Boosting capacity at the field requires much-needed investment that NOC has been struggling to secure.
Read More »Novak Ensures EU Energy Chief Gas Transit to Europe Secure
The transit through Ukraine was secure until the moment of the dissolution of the contract between Gazprom and Naftogaz.
Read More »GE Unveil World`s most Powerful Wind Turbine
GE plans to supply its first turbine for demonstration in 2019 and ship the first units in 2021.
Read More »