OPEC’s biggest exporter and de facto leader. Saudi Arabia. has pledged to cut its total August exports to 6.6 million bpd.
Read More »Oil and Gas Added $1.3 Trillion to The U.S. Economy in 2015
Oklahoma. Wyoming. North Dakota. and Texas held the highest proportion of jobs directly related to the oil and gas supply chain.
Read More »Iran Signs Petrochem Deals with Major European Companies
Talks revolve around the transfer of technology and investments in several petrochemical projects in Iran.
Read More »Germany`s Siemens Wins Tender for Turkish Wind Power Project
The Siemens consortium. which includes Turkey'.s Kalyon and Turkerler. submitted a bid of $3.48 cents per kilowatt-hour to beat a rival bid from Chinese firm Ming Yang.
Read More »Rising Iran`s Oil Exports to China
In the Middle East. the United Arab Emirates will take 111.000 bpd. up 3 percent from July.
Read More »Libya Supply Drives OPEC Output to a 2017 high
Oil production has risen amid efforts to shift excess supplies.
Read More »BP: Oil Will Stay Below $55 in 2018
Brent crude oil prices were expected to remain broadly unchanged in 2018 as U.S. shale production is able to expand at these levels. effectively capping prices.
Read More »Mitsui & Co. Novatek and Sumitomo Join SEA LNG
Novatek is one of Russia’s largest independent producers of natural gas.
Read More »3D formation evaluation service with electromagnetic sensors
Halliburton today announced an agreement with GroundMetrics. a San Diego company specializing in the development of electromagnetic sensor systems. to deliver full field reservoir characterization and monitoring services.
Read More »Schlumberger’s New Technology Optimizes Artificial Lift
Schlumberger’s new integrated solution-based web platform takes artificial lift monitoring and analysis to next level.
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