Tag Archives: International

Total produced 2.7 million barrels of oil equivalent per day in the first six month of the year. compared to 2.5m in H1 2017.

India is Iran’s top oil client. and it is also one of the countries that are most heavily dependent on oil imports.

Rosneft reported a sevenfold increase in its net profit for the first quarter of this year on the back of higher oil prices.

Although Ankara may be at odds with Iran in some cases. it does not agree with the sanctions imposed on it.

Shell and BP predict oil consumption may flat line in the mid-2030s.

The increased spending will push output in the Xinjiang Autonomous Region to more than 50 million tonnes of oil equivalent between 2018 and 2020.

Russia. in order to prevent perception of this step as unfriendly. will increase the price also for Belarus. but later will down the price.

Looking to build on recent success. BP. Eni and Shell have all been aggressively approving greenfield projects during the downturn.

Arabs living in Iraq’s Kirkuk are seeking Turkey’s support for reconstructing the oil-rich city.

In July. Russia planned to boost production by 200.000 barrels per day.