ONGC aims to produce 15 million standard cubic meters a day of gas and 77.000 barrels a day of oil from the block.
Read More »China`s Natural Gas Output Unable to Meet Rising Demand
Shale gas will only become a leading driver for growth in the longer-term.
Read More »U.S. Considers Raising Sanctions on Venezuelan Oil to Pressure Maduro
Venezuela’s crude oil sales to the United States in 2017 were the lowest since 1991.
Read More »Europe Avoids Russian Oil because of Quality
The quality of crude oil is measured based on the amount of sulphur and the level of gravity or density.
Read More »China Rejects U.S. Criticism of Relations with Venezuela
Since 2007. China has loaned more than $50 billion to Venezuela through an oil-for-loans.
Read More »Aramco’s Asia Light Oil Pricing Unchanged in Sign of Slower Demand
Growth in shale production should limit any increases in Saudi oil pricing.
Read More »Iraq Denies Daesh Controls Oil-Rich Kirkuk
Iraqi forces expelled Daesh from oil-rich Kirkuk in October.
Read More »U.S. Considers more Wind. Solar Projects on Federal Lands
The Solar Energy Industries Association said in a statement it looked forward to working with the Department of the Interior.
Read More »Iran Can Boost Output Fast If OPEC Ends Cuts
OPEC. allied suppliers to meet in June to assess crude market .
Read More »Russia Tops U.S. In Global Energy Company Rankings
The Russians and Americans are going head-to-head in a global oil and gas market.
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