Production from at least one Libyan oil field has also been disrupted by a dispute over security guards’ pay.
Read More »Inpex Wins 10 Percent Oil Stake in Abu Dhabi Oil Field
The Japanese company is the first of the partners in the present offshore concession to renew its holding in the deposits.
Read More »Saudis Needs Oil Prices to Rise as High as Possible
Saudi Arabia is undergoing a truly seismic shift in its economy. politics. and society. all thanks to the oil price crash of 2014.
Read More »Saudi Arabia Predicts Oil Cuts Reduction Next Year
The IPO is the centerpiece of the kingdom’s plan to wean its economy off oil.
Read More »France to become Global Centre for Tidal-Turbines
A tender for tidal energy will see the first manufacturing plants come to France.
Read More »Falih Hopes OPEC. Allies will Ease Output Cuts in 2019
OPEC and non-OPEC members were committed to bringing stability and to balancing the market.
Read More »Gazprom Tries to Improve Gas Metering System
In 2017. 97% of gas losses were registered in Russia’s North Caucasus Federal District.
Read More »Brazil Expects Oil Boom
By December 2017. the volume of active rigs was less than half of what it was two years earlier.
Read More »China Initiates Survey for Gas Hydrates in South China Sea
Along with China. Japan. the U.S. and India also have research underway on the fuel.
Read More »Putin Thinks Nord Stream 2 Project to Be Implemented
Several countries. including Ukraine and Poland. have stepped out against Nord Stream 2.
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