Nigeria'.s oil production. including crude oil and condensates. is currently at around 2.2 million to 2.3 million b d.
Read More »Iraq Surpasses Its Plan to Reduce Oil Output Under Production Cut Deal
Iraq thus has fulfilled its obligations to reduce production by more than 100%.
Read More »Iran Adhering to Nuclear Deal: UN Watchdog
Iran has remained within key limits on its nuclear activities imposed by its 2015 deal with world powers.
Read More »China Builds Methane Hydrate Venture in South China Sea
China is not the only country that is testing ‘fire ice’ deposits discovered in their waters.
Read More »Russia and Saudi Arabia Plan to Extend Outputs Cuts Through June
Saudi Oil Minister Khalid al-Falih and his Russian counterpart Alexander Novak met to discuss the potential extension last month in St. Petersburg.
Read More »South Pars Gas Output Rise 1 tcm Since 2002
Iran is developing the mega gas project in 24 phases. of which 19 have already gone on stream.
Read More »Oil major Total Sees Growth in North Sea Output with Edradour & Glenlivet Start-up
The Edradour and Glenlivet development is near the French oil and gas giant’s existing Laggan-Tormore fields which started production in February 2016.
Read More »China Looks Beyond the Middle East for Its Crude Oil Fix
The Middle East accounted for just under half of China’s crude oil imports in 2016.
Read More »Rise in Iran`s Mideast Petrochem Market Share
Petrochemical sales account for 34.7% of Iran’s non-oil exports and 39.1% of industrial exports in terms of value in the period.
Read More »Norwegian Company to Provide Technology for Deep-Water Drilling at Azerbaijani Gas Field
Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate. according to the estimations of SOCAR geologists.
Read More »