Drilling for oil and gas in Canada will likely decline by 5 percent in 2019.
Read More »Iran Sanctions could Bring Biggest Oil Disruption in Years
In Asia. America’s closest allies Japan and South Korea have followed suit for now.
Read More »Saudi Aramco. SABIC Choose Yandu as Site for Crude-to-Chemicals Complex
The investments required to build the complex will be shared equally by both companies.
Read More »Chinese Oil Imports from U.S. Surge amid Declining Oil Purchase from Iran
Iran is the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC).
Read More »U.S. And OPEC Add Huge Volumes of New Supply to Soften Oil Market
The 15 countries in OPEC produced an average 33.31 million barrels per day in October.
Read More »There’s Enough Oil to Offset Iran Loss
A month later. Russia’s production alone hit another post-Soviet record of 11.41 million bpd.
Read More »A solar cell that does double duty for renewable energy
Researchers have developed an artificial photosynthesis device that turns sunlight and water into two types of energy - hydrogen fuel and electricity.
Read More »OPEC’s Output Highest since 2016
OPEC agreed in June to pump more oil after pressure from U.S. President Donald Trump to curb rising prices.
Read More »Novak Prepares Draft Plan on Taking Account of Oil Fields
Russia has planned to take account of oil fields. develop their yield evaluation and revise the existing incentives for oil fields.
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).
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