Tag Archives: International

Shares of major shale producers. including Pioneer Natural Resources Co. and EOG Resources Inc.. tumbled this week as investors began to lose confidence in the prolific Permian basin.

Over the past two decades. natural gas has emerged as a primary fuel. driven by concerns over greenhouse gas emissions and the desire for high conversion efficiency in power generation.

The U.S. rig count is up 490 rigs from this time last year when it stood at 464. according to Baker Hughes.

It may be a challenge for Libya to maintain its current rate of exports.

One of the key achievements of 11th administration was signing a nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) that increased investment in oil. gas and renewables sector.

As the media notes. the new sanctions were not coordinated with the European countries.

According to the Russian Energy Ministry. it expects the EU to further clarify its decision to blacklist two of the ministry’s officials.

Asian companies have actively sought downstream projects in Iran'.s emerging petroleum industry after the easing of international sanctions in January of last year.

The new US sanctions are supposed to limit the financing period for sanctioned Russian banks to 14 days. and for sanctioned oil and gas sector companies to 60 days.

The production of gas in the region increased by 10 percent over the past five years and reached 32.8 billion cubic meters of gas.