Tag Archives: Investment

BP expects to grow its production to 4 million barrels a day by the end of the decade.

Background infrastructure costs for building a gas plant in Asia are often higher than the costs of building the gas plant itself.

Iran'.s gross gas output stands at 285bn m3 yr.

Chile and Mexico are the only Latin American OECD member countries.

Iran has named 29 companies from more than a dozen countries as being eligible to bid for oil and gas projects.

Over the next two months. the UAE will cut another 278000 bpd. demonstrating its compliance with its quota under the agreement.

Saudi Arabia and Russia. the world'.s top two oil producers. agreed on Monday on the need to extend output cuts for nine months until March 2018.

Aramco plans to sign an additional agreement with Jacobs Engineering to form a joint venture for project management.

Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.

Farzad-B was discovered by OVL in the Farsi block about 10 years ago.