The pipeline explosion in Libya is a lot more serious as it may take a long time to restore
Read More »Russia Sees OPEC & Co Exit Oil Cuts Pact Very Smoothly
The Russian minister sees next year as «a year of balance».
Read More »Iraq Reaches Deal with Zhenhua
Iraqi oil officials have estimated the East Baghdad field. a ".super giant". with about 8 billion barrels of crude reserves.
Read More »Iraq Deal with Exxon Still not agreed
Project will be offered to other companies. no agreement is reached by February. oil minister said.
Read More »China becomes World`s No.2 LNG Importer in 2017. behind Japan
The world’s biggest LNG producers are Qatar. Australia and Malaysia. which together meet around 60 percent of global demand.
Read More »2018 Could See the OPEC Deal Collapse
Russian officials voiced some skepticism in the lead-up to the most recent extension.
Read More »China Halts Oil Product Exports to North Korea in November as Sanctions Bite
Trade between North Korea and China has slowed through the year. particularly after China banned coal purchases in February.
Read More »Iraq Invites Bids to Build New Kirkuk-Turkey Oil Pipeline
Iraq'.s monthly oil revenues rose 27.4 percent in November compared with September.
Read More »Project in Qatar to Recycle Waste Gas for Fueling Vehicles
This project was established based upon a memorandum of understanding.
Read More »Chinese Company to Develop Big Oil Field near Iraqi Capital
'.Super giant'. East Baghdad field has potential to produce 120.000 barrels of oil per day.
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