Pakistan currently meets just 15 percent of its petroleum demand with domestic crude oil production.
Read More »Shell will Decide on Nigeria Oil Field In 2019
Shell operates the project and ExxonMobil. Total. Eni and the Nigerian National Petroleum Co. are partners.
Read More »China will Exceed 210 Gigawatt Wind Power Target By 2020
China will surpass its national cumulative wind power target of 210 GW which was set as part of the country’s Thirteenth Five-Year Plan for Wind Power.
Read More »Inpex Begins Production at Offshore Australian LNG Project
Shipments of LNG and liquefied petroleum gas from the project are expected to begin by the end of September.
Read More »BP`s Shale Deal Signals Huge Ambitions
Big oil companies are pouring money into shale assets. scrambling for access to the best acreage in Texas.
Read More »Zohr Gas Field Capacity to Reach 2 bcfd by September
In April. Eni said Zohr had a reached capacity of 800 MMSCFD. or 150.000 barrels of oil equivalent (BOE) per day.
Read More »Lukoil Completes Drilling of First Caspian Sea Production Well
Lukoil commenced commercial production at the field in 2010 and the development was carried out in two stages.
Read More »Total Raised Production by Takeover of Maersk Oil
Total produced 2.7 million barrels of oil equivalent per day in the first six month of the year. compared to 2.5m in H1 2017.
Read More »Rosneft Forcasts Oil $80 by Christmas
Rosneft reported a sevenfold increase in its net profit for the first quarter of this year on the back of higher oil prices.
Read More »BP. Eni and Shell are Best-In-Class amongst the Majors
Looking to build on recent success. BP. Eni and Shell have all been aggressively approving greenfield projects during the downturn.
Read More »