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OPEC oil output fell to a 13-month low in May.
Read More »OPEC May Oil Output Hits New Low on Nigeria. Venezuela
Russia has Potential for Increasing Oil Output within Months
Russian Energy Minister Alexander Novak said that returning to oil production levels of October 2016 is one of the options for the future of the OPEC+ deal.
Read More »Japan Interested in Oil and Gas Projects of Azerbaijan and Kazakhstan
Japan would like to support the region with its advanced technologies.
Read More »Lebanon Launches Search for First Oil & Gas Reserves despite Israeli Threats
Lebanon and Israel’s dispute runs over a triangular area of around 860 square kilometers (332 square miles) of waters.
Read More »Barkindo Denounce Under-Investment in Global Oil Industry
Every effort should be made to avoid a potential supply gap.
Read More »Iran Asks OPEC to Support against U.S. Sanctions
OPEC governors meet next in October.
Read More »Iran will Install 6 New Oil Rigs in South Pars Gas Field
Sadra and Petro Sina Arya Oil &. Gas Co. (PSA) are developing the phases.
Read More »China. the Winner of Total Retreat
If the U.S. administration does not agree with Total staying in Iran. China will replace this company.
Read More »Overcompliance of OPEC Members Has Created a Problem
The decision to keep cutting or start ramping up needs to be unanimous.
Read More »Azerbaijan Inaugurates Southern Gas Corridor Key Terminal
BP’s Sangachal terminal in Azerbaijan meets world safety standards and is now ready for first commercial deliveries in 2018.
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