The NIGC managing director said that about 25.000 villages are currently enjoying natural gas.
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Shah Deniz stage 2 is on track for start-up in 2018. currently on time and under budget.
Read More »Maduro Propose to Oil Producing States Cryptocurrency Mechanism
Venezuela has allocated five billion barrels of oil to back its cryptocurrency.
Read More »Kashagan Oil Field Increases Production
Daily production at Kashagan makes 300 000 barrels per day with application of advanced technology of gas burning.
Read More »Bob Dudley: 2017. One of Strongest Years for BP
Payments related to the Gulf of Mexico oil spill in 2010 totalled £3.7billion in 2017. down from £4.9billion in 2016.
Read More »CNOOC Starts Stampede Oil Project in Gulf of Mexico
Subsidiaries of CNOOC. Hess Corp. Chevron Corp and Statoil ASA each have a 25-percent stake in the project. while Hess is the operator.
Read More »Total Buys Stakes in Offshore Guyana Blocks
These two companies will retain a shared 30 percent interest alongside operator ExxonMobil. which has a 35 percent stake.
Read More »India`s ONGC Faces Delay in Biggest Project
ONGC aims to produce 15 million standard cubic meters a day of gas and 77.000 barrels a day of oil from the block.
Read More »China`s Natural Gas Output Unable to Meet Rising Demand
Shale gas will only become a leading driver for growth in the longer-term.
Read More »Aramco’s Asia Light Oil Pricing Unchanged in Sign of Slower Demand
Growth in shale production should limit any increases in Saudi oil pricing.
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