The greatest growth potential for Oman’s natural gas production is in the Khazzan-Makarem field in BP’s Block 61.
Read More »Venezuela Oil Minister to Visit Russia Ahead of Sept. 22 Vienna Meet
During his meeting with Russian counterpart Alexander Novak. the Venezuelan oil minister will discuss the implementation of the OPEC+ global oil output cut deal.
Read More »OPEC Oil Price Rises
The price for October futures of West Texas Intermediate (WTI) dropped by 0.98 percent and stood at $47.40 per barrel.
Read More »Venezuelan President Calls for Emergency Meeting with U.S. Oil Buyers
The financial sanctions did not mention cutting off U.S. imports of Venezuelan oil. which could be critical to Venezuela'.s economy as well as U.S. oil refiners.
Read More »China. World`s Third Largest Shale Gas Producer
China has become the world'.s third largest shale gas producer behind the United States and Canada.
Read More »Libyan Oilfields Closed by Pipeline Shutdowns
Sharara. which was producing around 280.000 barrels per day. had been shut a week ago.
Read More »Exports from Iran`s South Pars Field Up 12 Percent
France’s Total signed a deal with Tehran last month to develop phase 11 of South Pars.
Read More »Foreign Countries in Talks to Develop Farzad-B Gas Field
In the meantime. other foreign companies are welcome to discuss their interest in the gas field.
Read More »$6b Worth of Power Deals Since Sanctions Removal
Some 54 power units have gone on stream in the last four years.
Read More »Kharg Oil Terminal`s Daily Oil Exports at 2.1m Barrels
Officials place condensate exports between 600.000 and 700.000 barrels a day.
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