Tag Archives: International

OPEC is a 14-country oil cartel. which includes Nigeria.

The United States led the world in oil production for much of the 20th century.

Novak said higher crude prices this year would add 2.5 trillion roubles ($40.14 billion) to state coffers this year.

Tripoli-based NOC operates Sharara in partnership with Repsol. Total. OMV and Equinor. formerly known as Statoil.

The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 1973 energy crisis.

The US president had launched a sharp public attack on Germany on Wednesday for supporting a Baltic Sea gas pipeline deal with Russia.

The supermajor said the deal makes it the number two player in the world for LNG.

Agreement aims to increase production capacity from the Bu Haseer field from 8.000 bpd too 16.000 bpd.

U.S. tariffs on foreign steel are testing oil and gas companies’ ability to navigate the Trump administration.

Russia is ready to invest in crude exploration and production. as well as refining.