In the current fiscal so far. the Middle East has accounted for 117.5 MT of crude oil supplies from India.
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 »Egypt`s Bright Perspective Thanks to Zohr Gas field
The focus has been on gas that has begun flowing from Egypt’s Zohr gas field. the largest in the Mediterranean.
Read More »Russia Honors its EU Gas Commitments
All existing commitments to supply and transit gas to the EU are being honoured.
Read More »U.S. Shale Oil. an Intractable Problem
U.S. shale production is going to continue growing strongly.
Read More »China is Ramping Up its Presence in Iraq
The burgeoning Iraq-China partnership was said to be anchored by a dramatic increase in oil trade.
Read More »Trump to Reaffirm Sanctions Suspension
It is predicted that the US President Donald Trump will confirm the suspension of sanctions on Iran in May 2018.
Read More »Gazprom has Started Terminating Gas Contracts with Ukraine
Russia’s gas giant Gazprom has started a procedure to terminate contracts with Ukrainian energy firm Naftogaz.
Read More »Chevron Believes Impact of Climate Change ‘Minimal’ for Decades
World energy demand will grow strongly under all scenarios. Chevron said.
Read More »OPEC Deal Compliance 149% in February
Oil prices in January topped $71 per barrel but fell to $66 on Wednesday.
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