Concern for the environment is a major reason for China'.s increasing imports of gas.
Read More »Current oil Market Forces are out of OPEC`s Control
India has expressed ``discomfort`` with the high oil prices.
Read More »US Oil Rigs Rise to 2M High
In the same period last year. rig count stood at 743 rigs. which shows the continuous rise in American crude production.
Read More »U.S. Drillers Add 11 Rigs
The oil and gas rig count is now 135 up from this time last year.
Read More »Finland Grants Funding for Wind Power Projects in Developing Countries
The new cooperation agreement is an extension of the original 114 million euros climate fund that Finland established in collaboration with the IFC last year.
Read More »Gazprom. SOCAR Consider Gas Supply to Azerbaijan
Gazprom Export LLC and SOCAR signed a contract on gas supply to Azerbaijan on Nov. 21. 2017.
Read More »Iraqi Oil Company Considers Rising Output
The BOC-operated fields will add 700.000 bpd to overall production by 2024.
Read More »Oil Major Chevron to Leave Norway`s Offshore Sector
Chevron is investing billions of dollars in a new reinjection system that will put the sour gas back into the reservoir.
Read More »World’s Biggest Traders Predicts Oil at $65-$100 a Barrel Next Year
Emerging-market crises and trade disputes could dent global demand.
Read More »OPEC Oil Output to Average 32.46 Million b d in 2018. 32.14 Million b d in 2019
Total OPEC oil production is expected to average 32.46 million b d in 2018. down 220.000 b d from 2017.
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