The deep-water gas fields in India are part of the second phase of three projects and will bring fresh gas production to the country.
Read More »Libya`s Big Challenge. Fuel Smuggling
Between 30 and 40 percent of fuel refined in Libya or imported into the country is stolen or smuggled.
Read More »US Oil Inventories Drop On Strong Demand
Gasoline stocks dropped by 3 million bbl. compared with analysts'. expectations in a Reuters poll for a 227.000-bbl drop.
Read More »SOCAR Contributes to the Global Climate Change Efforts
SOCAR emissions from gas flaring stand at 0.3 million cubic meters per thousand barrels of oil equivalent per year.
Read More »Total will not Give Up on Venezuela
Earlier this month. Chevron Corp said two of its executives had been arrested in Venezuela.
Read More »Russia. Iran can Extend Oil Supplies Agreement for 5 Years
In May 2017. Iran and Russia reached an agreement to begin oil supplies under the oil-for-goods program established back in 2014.
Read More »Eni`s Strategic Partnership with Sonatrach
Italy’s gas imports have tipped away from Algeria towards Russia in recent years as Algerian production has stagnated.
Read More »Tax Change could Boost Oil Output
Russia’s parliament has approved the new profit-based tax on the oil industry on a first reading.
Read More »Kuwait Mulls Increasing Gas Output
Approximately 60 percent of Kuwaiti consumption of natural gas is used for the refining and petrochemical sector.
Read More »Trump Administration Delays New Sanctions on Russia
The United States has taken a series of recent measures against Russia.
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