OPEC members Libya and Nigeria have been exempted from supply curbs as their oil industries recover from years of unrest.
Read More »Iran Says to Keep Crude. Condensate Exports at Around 2.6 Million bpd in 2017
NIOC has informed buyers in Asia that it could reduce condensate exports in October because of the maintenance at South Pars. industry sources have said.
Read More »Iraqi Government Asks Foreign Countries to Stop Oil Trade with Kurdistan
Kurdish oil production has been dominated by mid-sized oil companies such as Genel. DNO. Gulf Keystone and Dana Gas.
Read More »3 Wind Farms for Sistan-Baluchestan
All areas in Sistan-Baluchestan Province are suitable for producing solar energy. with the northern areas particularly suitable for creating large wind farms.
Read More »Iran Petchem Output to Hit $40m
Since the Joint Comprehensive Plan of Action (JCPOA) was accorded Iran’s petrochemical industry has been booming.
Read More »Russia`s Gazprom Replaces Exxon A Top Global Ranking
Behind Gazprom. Germany’s E.ON and India’s Reliance Industries rounded out the top three. followed by South Korea’s Korea Electric Power Corp. and China Petroleum &. Chemical Corp.
Read More »Chevron to Invest $4 Billion to Boost Permian Basin Output
The Permian is the powerhouse (of U.S. crude output growth).
Read More »Top BP Executive Warns OPEC Needs to Prolong Oil Output Curbs
The world economy is ``almost as good as it gets.`` with one of the best performances since the global financial crisis of 2008-09.
Read More »Statoil Vies for a Stake in Abu Dhabi`s Offshore Oil
Adnoc plans to merge ADMA-OPCO with the Zakum Development Co.. or Zadco. of which it also owns 60 percent. by the end of the year.
Read More »Lukoil Plans to Keep Output Steady with New Projects Outside Russia
Lukoil. a big oil products importer on the European market. would continue working on European projects and would keep its retail net in Turkey.
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