Nigeria has the world’s ninth largest proven gas reserves. at 187 trillion cubic feet (tcf).
Read More »Oil Prices Pauses After Sharp Falls
Saudi Arabia'.s crude exports in April fell to 7.006 million bpd. official data showed on Monday.
Read More »Shale-Related Seismic Activity Rises in Texas
Generally. shale oil and gas development has been good for Texas economically.
Read More »Loss of Gas Storage Site Will Increase UK’s Reliance On Imports
Storage provides security and flexibility of supply.
Read More »India Seeks to Revive Ailing Power Plants with Qatar Investment
India’s biggest gas importer Petronet LNG annually buys 8.5mn tonnes under a long-term contract.
Read More »SOCAR Overhauls Platform at Darwin Bank Field
In 2016. SOCAR produced 7.52 million tons of oil from Azerbaijan’s offshore and onshore fields. as compared to 8.16 million tons in 2015.
Read More »Exxon. BP and Shell Back Carbon Tax Proposal to Curb Emissions
Under the proposal. a $40 carbon tax. rising over time. would be levied on emissions in order to encourage a shift towards renewable energy sources such as solar and wind.
Read More »Schlumberger introduces Rigless Formation Evaluation. Monitoring for Any Reservoir
The service has been run to successfully guide completions designs in more than 60 wells in all the major shale plays in North America.
Read More »Iran. Eni Ink MoU on Kish. Darkhovein Fields
The firms include Shell. France'.s Total. Italy'.s Eni. Malaysia'.s Petronas and Russia'.s Gazprom and Lukoil. as well as companies from China. Austria. Japan and other countries.
Read More »Shell Signs Five-Year LNG-Supply Deal with Qatargas
Qatargas continues to win new business in an evolving market and this SPA demonstrates Qatargas’ ability and flexibility to capture new opportunities.
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