South Pars Phase 14 development project is being implemented by the employer POGC with the goal of producing 56.5 million cubic meters of sour gas per day and 75.000 b d of gas condensate.
Read More »Oil Hits $70 as Traders Wait for Iran Decision
Despite the price adjustment. sour is still higher on the year.
Read More »Saudi Arabia Wants Higher Prices to Kick Oil Addiction
The government has announced big ambitions to transform the economy by diversifying away from oil.
Read More »Saudi Arabia Wants Higher Prices to Kick Oil Addiction
The government has announced big ambitions to transform the economy by diversifying away from oil.
Read More »Iran Oil Exports Hit Record in April
Iran'.s oil exports to India were over 50% higher than that of last fiscal year.
Read More »Russian Commitment to OPEC Deal Reach 95%
Crude oil production in Russia amounted to 10.97 million barrels a day last month.
Read More »Russia Complies with OPEC Oil Output Cut Quota by 95.2% in April
Russia committed to reduce oil production by 300.000 barrels a day.
Read More »SOCAR Plans New Petrochemical Investment in Turkish Aliağa
The final investment decision for the realization of this giant investment. which will exceed $3 billion. will be made in 2019.
Read More »India’s Oil Production Fell for the 6th Straight Year in 2017-2018
Domestic natural gas production in 2017-2018 grew by 2.35 % to 32.64 bcm as compared to the year ago period.
Read More »Iraq Signs BP Deal for Kirkuk Oilfield Development
Iraq exported 100 million barrels of oil in April. a daily rate of 3.3 million barrels.
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