Tag Archives: International

China’s economic growth eased in the second quarter of this year to 6.7 percent.

In April. Eni said Zohr had a reached capacity of 800 MMSCFD. or 150.000 barrels of oil equivalent (BOE) per day.

The study is based on date only up to October 2014.

China’s crude oil production dropped by 2.3 percent on the year in June.

Lukoil commenced commercial production at the field in 2010 and the development was carried out in two stages.

The rise in the price of crude is obviously very good news for oil companies.

Gazprom planned to borrow 417 billion rubles. one third of the amount needed for the construction (1.2 trillion rubles).

Iran has started providing ships as well as insurance cover to continue exporting crude oil to India.

Trump intends to take some market share from Russia. which is the largest supplier of LNG to Europe.

All oil shipments passing through Bab Al-Mandab Strait have been suspended temporarily until navigation through the area is secure