In April. Eni said Zohr had a reached capacity of 800 MMSCFD. or 150.000 barrels of oil equivalent (BOE) per day.
Read More »Oil Prices Rise after US Crude Inventories Fall
Venezuela’s production collapsed due to a lack of investment and Iranian exports have suffered due to US sanctions.
Read More »Saudi Arabia is Temporarily Halting all Oil Shipments through Bab-El-Mandeb Strait
One of the VLCCs sustained minimal damage.
Read More »Lukoil will Invest in Caspian Sea
The anticipated annual oil production plateau is 1.2 million tonnes and the commercial production is slated to commence in 2023.
Read More »Yamal LNG Is among the most Competitive Projects in the World
During the first part of the route. through the Laptev Sea. the vessels had to sail in up to two meters thick very close drift ice.
Read More »SOCAR Trading to Refocus on LNG Sales
SOCAR plans to increase its headcount in London. including with more LNG-focused hires.
Read More »NOC Declares Force Majeure on Oil Exports at Al-Zawiya Oil Port
The NOC shut the oilfield in the aftermath of the incident and 160.000 bpd are lost from the Total output of Libya'.s crude.
Read More »Iraqi Protests Hampers Oil Production
Basra is home to Iraq’s biggest oil fields. and their exports make up more than 95 percent of the country’s state revenue.
Read More »Iran Criticizes India for not Making Promised Investments in Chabahar Port
Shipping to Iran and ports in the country are also coming under the US sanctions.
Read More »Iran will be a Reliable Energy Partner to India
Iran has always been a reliable energy partner for India and others.
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