The Sanchi was carrying 136.000 tonnes of condensate before the accident. most of which evaporated after the stricken shipped burned for days.
Read More »BP to Ramp up Production from Kirkuk Oil Fields
The Kirkuk’s fields including Bai Hassan and Avana currently pump 140.000 to 150.000 barrels a day.
Read More »IEA: OPEC Compliance Level Stands at 129%
IEA analysts pointed out that the oil market is clearly tightening.
Read More »IEA Displays Reasons for Slowdown in 2018 Oil Demand Growth
IEA analysts believe that steady OPEC production must be treated with caution.
Read More »Goldman Sachs: Crude Prices ‘Likely to Exceed’ Expectation
The market is currently experiencing Brent crude prices at around $70 a barrel. a price not seen since 2014.
Read More »Russia Tries to Comply with OPEC Balancing Effort Based on Market
The next meeting for the monitoring committee. with Saudi Arabia and Russia as co-chairs. is January 21 in Oman.
Read More »Chinese Oil Demand to Grow 5% to 12 million b d in 2018
Domestic gas production is forecast to rise 8.8% year on year to 160.6 Bcm in 2018.
Read More »China`s Natural Gas Consumption to Rise %10 in 2018
The world’s third-largest gas consumer has been hit by a supply crunch this winter.
Read More »Despite Bid to Diversify Gas Source. EU more dependent on Russia
Strong European demand has allowed Gazprom to increase production after weak results in recent years.
Read More »Chernobyl Site Becomes Solar Power Plant
The current project cost approximately €1 million ($1.220.200).
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