Iran met seven percent of Japan'.s oil demand in 2016.
Read More »Aramco. Alphabet Plans Joint Tech Hub
Senior managers at Alphabet and Aramco have been discussing the creation of a potential joint venture for months.
Read More »CNOOC`s Highest Capital Spending Since 2014
CNOOC expects to drill 132 wells this year. up from 126 wells drilled in 2017.
Read More »Iraqi Oil-Export Ambitions Puts Strain on OPEC Accord
Iraq shipped a record 3.55 MMbopd from Basra. the country’s southern outlet to the Persian Gulf. in January.
Read More »Russian Oil Output Flat as Rosneft and Lukoil Declines Offset by PSAs
Natural gas production was at 65.35 billion cubic meters (bcm) last month. or 2.11 bcm a day. versus 63.5 bcm in December.
Read More »Oil Rises as OPEC Compliance Remains in Place
Goldman Sachs raised its three-month forecast for Brent to $75 from $62 and its six-month forecast to $82.50 from $75.
Read More »Iraq to Boost Majnoon Oilfield Output to 450.000 bpd in 3 Years
Chevron. Total and PetroChina may form a consortium later on to take over the development of the field.
Read More »Qatar is Paying the Price for Saudi`s Oil Strategy in Asia
Qatar is suffering from the repercussions of Saudi’s sales strategy.
Read More »Kuwait to Invest in $500B on Oil and Gas Projects by 2040
Around 90 percent of Kuwait'.s state revenues come from oil.
Read More »China’s coal-to-gas Transmission Leads to big problems
China has struggled for two years with President Xi Jinping’s drive to reform the country’s coal industry and use cleaner fuels.
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