Kashagan is expected to contribute in oil production growth this year.
Read More »New U.S. Sanctions Aims Oil Smugglers in Libya
Production from at least one Libyan oil field has also been disrupted by a dispute over security guards’ pay.
Read More »Saudi Arabia Eyes Indian Downstream Ventures
Aramco was ".in principle". interested in entering India'.s fuel retail business.
Read More »Inpex Wins 10 Percent Oil Stake in Abu Dhabi Oil Field
The Japanese company is the first of the partners in the present offshore concession to renew its holding in the deposits.
Read More »Exxon Close Facilities in Papua New Guinea to Assess Quake Damage
The U.S. oil giant closed the facilities to assess damage from a magnitude 7.5 earthquake early Monday morning.
Read More »OPEC Basket Price Rised $64 bbl
The price for April futures of the North Sea Brent oil mix has increased by 0.01 percent to $67.32 per barrel.
Read More »BP Predicts Plastic Bans to Impact Oil Demand
BP predicted that oil demand would continue to grow at about 0.5% through 2040.
Read More »Turkish Cypriots `Must be Part` of Drilling Decisions
Cyprus has been divided since 1974 when a Greek Cypriot coup was followed by violence against the island'.s Turks.
Read More »Saudis Needs Oil Prices to Rise as High as Possible
Saudi Arabia is undergoing a truly seismic shift in its economy. politics. and society. all thanks to the oil price crash of 2014.
Read More »German Media Frightens Readers with Nord Stream 2 Project
The Nord Stream 2 project is jointly run by Russia'.s Gazprom. France'.s Engie. Austria'.s OMV AG. Anglo-Dutch Royal Dutch Shell.
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