The oil industry went through a lot of restructuring and consolidation after the oil prices crashed in 2014.
Read More »Oil will Remain At Current Prices In 2018
Fifteen of the 25 analysts polled by International Business Times expect Iran’s sanctions to drive oil prices up.
Read More »Trump Administration Accepts Energy Dominance Agenda
As of 2017. the EIA has calculated daily oil consumption in the country averaged 19.88 million barrels.
Read More »How U.S. Shale Could Stop A Global Oil Supply Crisis?
Short-cycle U.S. shale production is growing and will grow next year too.
Read More »Trump-Erdogan Quarrel. Iran Sanctions. Maduro’s Venezuela could Rise Oil Prices
China'.s LNG import volume is soaring as it moves to fulfill growing domestic demand for gas.
Read More »BP Boss: It’s Time to See Bigger Picture
Media reports claimed Total is looking to sell off more than £1 billion worth of assets.
Read More »Global Water Market to Reach $915b by 2023
Chile is set to become a key source of desalination project opportunities.
Read More »High Oil and Gas Prices Sends U.S. GDP Soaring
Not only is U.S. shale production growing. but the shale industry as a whole is expected to become profitable this year for the first time in history.
Read More »Rystad Energy: BP Embraces Shale in Bid to Maintain Global Production Profile
Rystad Energy expects production to rise rapidly beyond 100 000 bpd.
Read More »BP`s Big Gamble with Shale Deal
The company has been underexposed to the hottest market in global oil since the sale of its U.S. shale assets in 2010.
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel