Tag Archives: International

Deliveries to Austria will be increased by 1 billion cubic metres per year.

Due to the crisis that began in 2011. the field. with gas reserves of about 4 billion cubic meters. was closed.

South Korea has been granted a waiver from US sanctions on Iranian oil.

The aggressive gasification targets and an unusually cold winter last year caused a supply shortage.

Saudi Arabia is the only producer with significant spare capacity of around two million bpd.

The Kirkuk area in northern Iraq produces about 230.000 bpd for local refining.

GM says a nationwide program modeled on California’s effort could result in 7 million electric vehicles. or EVs. on U.S. roads by 2030.

Saudi Arabia. the world'.s largest exporter. has claimed that it can respond to the Iranian shortfall.

The field is operated by Mellitah Oil and Gas. a joint venture between the NOC and Eni.

Vitol has now revised down its oil demand growth forecast for next year to 1.3 million bpd.