Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.
Read More »US cannot Block Oil Export from Iran
Lack of proposal will not enable the US to null export of Iranian oil.
Read More »OPEC+ Might Discuss Increasing Oil Output by more than 1 mln bpd
Sixteen countries have been invited to the meeting of the ministerial monitoring committee of OPEC +.
Read More »Iran-U.S. Clash over Nuclear Deal at IAEA Talks in Vienna
The International Energy Agency has warned of higher oil prices as Iranian supply losses deepen heading into November.
Read More »Shell Plans to Limit Methane Emissions from Oil and Gas Operations
Methane is released into the atmosphere mostly through leaks in gas infrastructure such as pumps and pipelines.
Read More »OPEC Needs to Work with Oil Producer to Manage Global Supplies
Saudi Arabia and Russia led OPEC and allied producers in agreeing to cap output starting in January 2017 to curb a glut.
Read More »U.S. to Begin LNG Deliveries to Germany in Four Years
Qatar has expressed interest in selling LNG to Germany.
Read More »Chinese Crude Oil Output Rises for First Time in Nearly 3 Years
Most Chinese oilfields can break even with oil at $70 per barrel.
Read More »Pakistan Needs Iran Gas
Pakistan is not under pressure of the US sanctions for providing its needs.
Read More »Egypt Signs Two New Oil Drilling Agreements
The oil sector managed from June 2014 until now to sign 63 new oil and gas exploration deals.
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