Shale gas will only become a leading driver for growth in the longer-term.
Read More »Iraq to Boost Majnoon Oilfield Output to 450.000 bpd in 3 Years
Chevron. Total and PetroChina may form a consortium later on to take over the development of the field.
Read More »PetroChina’s Biggest Refinery Increase Russian Pipeline Crude Oil
China’s crude oil imports from Russia rose by 11 percent on the year in November.
Read More »Iraq Oil Min: U.S. Firms Interested In Boosting Oil. Gas Presence in Iraq
In southern Iraq. Chevron is one of the major foreign companies—alongside France’s Total and Petrochina.
Read More »China’s Chongqing Gas Exchange Aims to Be Asian Standard
Chongqing'.s move is China'.s second attempt to develop a traded gas market.
Read More »New Line of China-Russian Oil Pipeline Begins Operation
The second line was built in parallel to the first line between Mohe and Daqing.
Read More »China`s Chongqing Gas Exchange Aims to be Asia Price Benchmark
Chongqing already has a relatively well-developed gas grid. and distributors there are keen to participate on the exchange.
Read More »Malaysia`s Petronas Confirms Exit from Iraq`s Majnoon Field
Petronas confirms its exit from the Majnoon oilfield. Iraq. together with Shell.
Read More »Shell. PetroChina JV Paves Way toward Big Gas Development in Australia
Supplying QCLNG will help make the development more profitable. Shell said.
Read More »Baker Hughes Signs Power Generation Deal with Iraqi Firm
The Halfaya oilfield was discovered in 1976 with 4.1 billion barrels in reserves and is situated in the southern part of Iraq .
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