The move comes as BP re-evaluates its portfolio in the wake of a dramatic slump in oil prices three years ago.
Read More »Qatar Says It`s Fulfilling Oil and Gas Deals Despite Gulf Crisis
Qatar. OPEC’s fourth-smallest producer. pumped 610.000 barrels of crude a day in August compared with more than 700.000 barrels daily in 2014.
Read More »Baker Hughes Wins Major Deal for Egypt`s Zohr Gasfield
Project has potential to meet Egypt’s growing gas demand and save the country billions of dollars.
Read More »European Parliament Endorses New Gas Supply Security Rules
The new rules will put solidarity first when it comes to dealing with disruptions to gas supply.
Read More »Russia`s Gazprom Rediscovers It Needs Ukraine
Last year. Gazprom used their pipelines to deliver over 80 billion cubic meters of natural gas. or roughly 46% of its Europe-bound gas deliveries.
Read More »India Petronet Agreed to Buy Extra 1 mln T Australian LNG from Exxon
Petronet will buy the LNG on delivered basis with a price equivalent to about 12.5 percent of Brent oil prices.
Read More »Iran to Attract Foreign Investments to Recover Flare Gas
Based on the agreement signed on Wednesday. Sofregaz will cooperate with Iran'.s Samin Sazeh over the project.
Read More »Baker Hughes to Increase Operational Effectiveness in Turkey
Dating back to the 1900s. Baker Hughes is a leading supplier of oil field services. products. technology and systems to the worldwide oil and natural gas industry.
Read More »Baker Hughes Ready to Assist in TANAP’s Second Phase
TANAP project envisages transportation of gas from Azerbaijan'.s Shah Deniz field to the western borders of Turkey.
Read More »Hydrogen Power Storage Development Gaining Impetus
The years 2020 to 2030 will be for hydrogen what the 1990s were for solar and wind.
Read More »