The Permian is the powerhouse (of U.S. crude output growth).
Read More »Top BP Executive Warns OPEC Needs to Prolong Oil Output Curbs
The world economy is ``almost as good as it gets.`` with one of the best performances since the global financial crisis of 2008-09.
Read More »Statoil Vies for a Stake in Abu Dhabi`s Offshore Oil
Adnoc plans to merge ADMA-OPCO with the Zakum Development Co.. or Zadco. of which it also owns 60 percent. by the end of the year.
Read More »Lukoil Plans to Keep Output Steady with New Projects Outside Russia
Lukoil. a big oil products importer on the European market. would continue working on European projects and would keep its retail net in Turkey.
Read More »China Limits Oil Exports to N. Korea. Bans Textile Imports
North Korea also produces coal. exporting some US$1.2 billion of this to China last year.
Read More »Oil-Rich Kirkuk a Flash Point Ahead of Referendum in Iraq
Kirkuk is not one of the three provinces that have been part of the autonomous Kurdish region in Iraq since 2003.
Read More »Iran Warns Against Israel`s Nuclear Threat to World
Israel is estimated to have 200 to 400 nuclear warheads in its arsenal.
Read More »China’s Recoverable Shale Gas Reserves Fell by 6% in 2016
Sinopec said in March that it plans to boost Fuling'.s annual production capacity to 10 billion cubic meters from 7 billion cubic meters.
Read More »Iran to Install New Platform at Joint Oilfield with Saudi Arabia
Iran'.s share in total reserves of the field is about 11 percent. Foroozan contains 3.432 billion barrels of in-situ oil reserves.
Read More »Saudi Arabia: keeping the lid on
The recent arrests of around 30 clerics and intellectuals show that the king-in-waiting won’t tolerate dissent.
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