Syria’s government and its President Bashar Assad rely on Russia to help it to restore its oil and gas sector.
Read More »Venezuela Discuss It Plans to Raise Oil Production
Venezuela’s crude oil production dropped in June by 47.500 bpd from May. to average 1.340 million bpd last month.
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 »Egypt Adds 15th Developmental Well to Noroos Gas Field
The Nile Delta has been producing gas for five decades.
Read More »Workers Strike in Norway Leads to Oil Climb
The threat of further supply disruptions hasn'.t totally evaporated.
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 Denounce Saudi Arabia for Pumping `Above Target`
Last month. members of OPEC agreed to pump an additional 1 million barrels of crude daily.
Read More »IEA Report Warns of Decline in Renewable Investment
Final investment decisions for new coal-fired plants have been declined for the second year in a row.
Read More »Russia and Ukraine in Talks to Minimize `Gas Wars`
Kiev fears the loss of revenue from transit taxes. on top of being bypassed politically as well as physically by new gas pipes.
Read More »5 Geopolitical Factors Which Have Affected Oil Prices in 2018
Venezuela now produces almost half of the oil it did two decades ago.
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