The development follows the announcement last month of plans to develop the world'.s first LPG bunkering hub in Busan. South Korea.
Read More »CNOOC Starts Stampede Oil Project in Gulf of Mexico
Subsidiaries of CNOOC. Hess Corp. Chevron Corp and Statoil ASA each have a 25-percent stake in the project. while Hess is the operator.
Read More »India`s ONGC Faces Delay in Biggest Project
ONGC aims to produce 15 million standard cubic meters a day of gas and 77.000 barrels a day of oil from the block.
Read More »China`s Natural Gas Output Unable to Meet Rising Demand
Shale gas will only become a leading driver for growth in the longer-term.
Read More »Rise of Renewables Investments in Gulf States
Saudi Arabia may have some of the most untapped solar potential of any place on Earth.
Read More »Russian Oil Output Flat as Rosneft and Lukoil Declines Offset by PSAs
Natural gas production was at 65.35 billion cubic meters (bcm) last month. or 2.11 bcm a day. versus 63.5 bcm in December.
Read More »Iraq to Boost Majnoon Oilfield Output to 450.000 bpd in 3 Years
Chevron. Total and PetroChina may form a consortium later on to take over the development of the field.
Read More »Putin: No Need to Be Afraid to Talk about Shipments of Russian Gas to US
Yamal LNG is located in the Russian Arctic.
Read More »Kuwait to Invest in $500B on Oil and Gas Projects by 2040
Around 90 percent of Kuwait'.s state revenues come from oil.
Read More »China’s coal-to-gas Transmission Leads to big problems
China has struggled for two years with President Xi Jinping’s drive to reform the country’s coal industry and use cleaner fuels.
Read More »