The project partners plan to begin the first tests at operational wells of one of Rosneft’s subsidiaries in September. according to the University of Tyumen.
Read More »Saudi Aramco Gets Bids to Expand Hawiyah Gas Plant
Raising gas production is key to Saudi Arabia'.s plan to diversify its energy mix.
Read More »China to Build New Shale Gas Bases. Offer More Oil and Gas Block Tenders
The steps come as China ramps up its exploration efforts as crude oil production from ageing wells drops.
Read More »Increase of Iran`s Oil Export to India
Iran’s total oil production currently stands at around 4 million bpd and its most important clients are China. South Korea. India and Japan. respectively.
Read More »Iraq’s Economic Activity Reduced in 2017 Due to Decline in Oil Production
The IMF noted that the medium-term growth prospects for Iraq are positive.
Read More »EIA slightly lowers forecasts for OPEC oil supply
OPEC crude oil production is expected to average 32.53 million barrels per day in 2017 and 32.96 million barrels per day in 2018.
Read More »Reappointment of OPEC Veteran Zanganeh as Oil Minister Echoed in the World Media
Iran was OPEC’s second-biggest supplier at the time of Zanganeh’s dismissal.
Read More »Oil Producers Set for Key Meeting in Abu Dhabi
The meetings are being co-chaired by Kuwait and Russia. in the presence of representatives from Saudi Arabia. which is serving as president of OPEC for 2017.
Read More »3D formation evaluation service with electromagnetic sensors
Halliburton today announced an agreement with GroundMetrics. a San Diego company specializing in the development of electromagnetic sensor systems. to deliver full field reservoir characterization and monitoring services.
Read More »Saudi Arabia Maintains Share of Japan`s Oil Imports
Despite production cuts. kingdom holds onto 40% slice by discounting light grade.
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