Tag Archives: Persian Gulf Countries

Kuwait also plans to start selling a new grade of crude called Kuwait Super Light from January.

The agreement with Petrobangla asserts RasGas’ continued commitment to ensuring energy security to its customers in Asia. as well as its position as a reliable supplier of LNG.

CEO Amin Nasser also says the outlook for oil supplies is '.increasingly worrying'..

Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate.

Adnoc plans to merge ADMA-OPCO with the Zakum Development Co.. or Zadco. of which it also owns 60 percent. by the end of the year.

Iran'.s share in total reserves of the field is about 11 percent. Foroozan contains 3.432 billion barrels of in-situ oil reserves.

The recent arrests of around 30 clerics and intellectuals show that the king-in-waiting won’t tolerate dissent.

India imports oil to meet most of its growing energy demand.

Oil will remain the most important commodity in the world.

The global oversupply and competition from US Shale are persistently challenging the oil cartel'.s plans.