Oil prices are responding to the tightening of supply due to the Libyan production halt.
Read More »Exxon`s Papua New Guinea LNG Project Halts for Eight Weeks
The 7.5 magnitude quake on 26 February triggered landslides and flattened buildings.
Read More »Shutdown of Libyan El Sharara Oilfield from Pollution Protest
Boosting capacity at the field requires much-needed investment that NOC has been struggling to secure.
Read More »More Oil has been Identified in UK Waters
Production in 2018 is set to increase as new fields come on stream.
Read More »Russian LNG Heads to UK amid Cold Snap
Gazprom and a group of Western energy companies are now working on the construction of Nord Stream 2.
Read More »U.S. Shale Oil. an Intractable Problem
U.S. shale production is going to continue growing strongly.
Read More »China is Ramping Up its Presence in Iraq
The burgeoning Iraq-China partnership was said to be anchored by a dramatic increase in oil trade.
Read More »Russia should not Use Gas as Political Weapon against Ukraine
On March 2. Gazprom announced its intention to initiate in the Stockholm Arbitration termination of all existing contracts with Naftogaz.
Read More »Nord Stream-2 not an Alternative to Ukrainian Transit Route
The Russian leader stressed that such projects as the Nord Stream-2 and the Turkish Stream ".certainly diversify supplies"..
Read More »Iraq Agrees Deal with Kurds to Resume Crude Oil Exports to Turkey
The oil ministry has put together plans to rehabilitate the Iraq-Turkey Pipeline.
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