Saudi Arabia is the only producer with significant spare capacity of around two million bpd.
Read More »Iraq`s Kurds Upgrade Oil Export Pipeline
The Kirkuk area in northern Iraq produces about 230.000 bpd for local refining.
Read More »Oil. Gas Drilling In Canada Likely Decline in 2019
Drilling for oil and gas in Canada will likely decline by 5 percent in 2019.
Read More »Russian and U.S. Gas are in Germany`s Future Energy Mix
Washington had escalated its willingness to threaten sanctions in pursuit of its foreign policy goals in recent months.
Read More »Egyptian Intel Is Big Gainer From Israeli Gas Deal. Report Says
The Egyptian intelligence service is slated to receive 80 percent of the income from East Gas.
Read More »TurkStream Gas Pipeline’s Offshore Section 95% Completed
In the west of the country. the Company actively pursues strategic projects aimed at enhancing Russia’s Unified Gas Supply System (UGSS).
Read More »Oil Glut Is a Snapshot in Time
Trump is focused on building a pipeline infrastructure in the Permian Basin. the third-largest oil field in the world.
Read More »Turkey and Azerbaijan Strengthen Energy Cooperation
The new refinery will supply 4.8 million tons per year of diesel.
Read More »Iran Self-Sufficient in Repairing Oil Transmission Equipment
Gas-powered turbines and pumps are the most important and most complicated equipment in oil transmission.
Read More »Global Oil Pricing Worries Hit US Energy Shares
Third-quarter profits for oil producers generally should be higher than a year ago.
Read More »