The field is operated by a joint venture between state-owned NOC and Italy’s Eni.
Read More »Falih Hopes OPEC. Allies will Ease Output Cuts in 2019
OPEC and non-OPEC members were committed to bringing stability and to balancing the market.
Read More »Brazil Expects Oil Boom
By December 2017. the volume of active rigs was less than half of what it was two years earlier.
Read More »Petronas Signs First Term LNG Supply Deal in India
etronas has signed a sale and purchase agreement to supply LNG to H-Energy Mideast DMCC (HEMD).
Read More »Putin Thinks Nord Stream 2 Project to Be Implemented
Several countries. including Ukraine and Poland. have stepped out against Nord Stream 2.
Read More »Oil Industry Needs to Invest $10 Trillion
There’s speculation OPEC is willing to make official Russia’s involvement with the group.
Read More »Oil Demand to Peak Around Within 20 Years
BP'.s views on peak-oil demand aren'.t universally accepted in the industry.
Read More »OPEC Member Hopes for Prolong Alliance with Russia
OPEC-led alliance can help avoid future oil gluts. shortages.
Read More »U.S.. Canada Confrontation for LNG Dominance
Tight gas from shale is expected to account for 70-75 percent of Canada’s production in 2025.
Read More »India. the Leader of Global Oil Demand By 2035
India is expected to post continued robust growth in the working-age population in the next five years.
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