Lebanon and Israel have been contesting the rights to the 860 square kilometer triangular zone.
Read More »Saudi Aramco Took First Steps to Expand Largest U.S. Refinery
Chevron Phillips is considering building a second ethane cracker on the Gulf Coast of Texas.
Read More »International Oil Companies Awaiting US Decision on JCPOA
It is not unlikely that Total would withdraw from its project in South Pars.
Read More »Bahrain`s New Discovery Contains 80 bln Barrels of Tight Oil
The Bahraini government earned $4.3 billion in oil and gas revenue last year and ran a budget deficit of $2.7 billion.
Read More »Bahrain`s New Discovery Contains 80 bln Barrels of Tight Oil
The Bahraini government earned $4.3 billion in oil and gas revenue last year and ran a budget deficit of $2.7 billion.
Read More »Oil Cuts Removed ‘85% of the Problem’ of Oversupply
Russia has been a ``great partner`` in the cuts agreement.
Read More »Qatar Offers Gas to UAE at Very Competitive Terms
Since the blockade. Qatar has re-strategized its supply chain through imports from Oman. Turkey. Iran. India and China.
Read More »OPEC Crude Production Drops to Lowest in a Year
Output from Saudi Arabia. OPEC’s de-facto leader and its biggest producer. fell 10.000 bpd from February to 9.87 million.
Read More »Iraq`s Government Announces Plan to Decrease Oil Dependency
Baghdad depends on the oil sector for more than 90 per cent of its revenue.
Read More »Iraq Plans to Cooperate with Baker Hughes. GE
It is the second contract signed by Iraq to process gas associated with oil. after one with U.S. energy firm Orion in January.
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