China’s solar sector has been growing rapidly after local governments commissioned hundreds of new projects.
Read More »Total Raised Production by Takeover of Maersk Oil
Total produced 2.7 million barrels of oil equivalent per day in the first six month of the year. compared to 2.5m in H1 2017.
Read More »Rosneft Forcasts Oil $80 by Christmas
Rosneft reported a sevenfold increase in its net profit for the first quarter of this year on the back of higher oil prices.
Read More »Dark Storm Hanging over the Oil Industry
Shell and BP predict oil consumption may flat line in the mid-2030s.
Read More »CNPC to Invest more than $22 Billion by 2020 to Boost Oil. Gas Output
The increased spending will push output in the Xinjiang Autonomous Region to more than 50 million tonnes of oil equivalent between 2018 and 2020.
Read More »Novak Raises Forecast for Oil Production in 2018 by 3.5 mln tonnes
In July. Russia planned to boost production by 200.000 barrels per day.
Read More »JPMorgan. Morgan Stanley to Advise on Aramco`s Sabic Deal
Aramco pumps around 10 million bpd of crude oil.
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 »More South Pars Platforms Nearing Completion
Construction of platforms C14. B13. D13 and A24 was so far 90% complete.
Read More »Argentina will Export Natural Gas to Chile
In 2016 and 2017. Chile exported excess electricity to Argentina through the single power line that currently connects the two countries.
Read More »