Last month. Libya’s average daily production was 730000 bpd as per OPEC secondary sources. up by 178.200 bpd compared to April.
Read More »Russia’s Rosneft Takes Aim at China’s Gas Market After Clinching Deal with Beijing Gas
VChNG. located in east Siberia. produces around 165.000 barrels per day of oil. delivered via the East Siberia-Pacific Ocean pipeline.
Read More »Nigeria to Hit 40b Barrels Oil Reserve by 2020
In terms of daily production. the fields will yield 50. 000 barrels of crude oil per day and 120 million standard cubic feet of gas per day by early 2019.
Read More »OPEC Is Not Discussing Deeper Cuts
According to OPEC delegates. the cartel won'.t be rushing to make that decision. even though a panel monitoring the cuts will be meeting next month.
Read More »ExxonMobil Signs LNG Collaboration Agreement
ExxonMobil will provide its technical support and expertise to help the parties carry out safe bunkering operations and sell LNG bunker fuel to vessel operators.
Read More »Construction of Solar Power Station Begins at Lukoil`s Refinery in Volgograd
Lukoil owns two 9-megawatt solar power stations at its own refineries in Romania and a 1.3-megawatt station in Bulgaria.
Read More »SOCAR Foreign Investments Near $4.5B
SOCAR is the sole producer of oil products in Azerbaijan.
Read More »Gasoline Shipments Impounded
Iran imports an average of 10 million liters of gasoline every day to meet domestic demand.
Read More »Hindustan Petroleum Corporation Joins Talks to Buy Stake in Russian Oil Fields
In 2013. Vankorneft was chosen as an operator on development of new fields of Vankor Cluster located close to the Vankor field.
Read More »Rosneft Finds First Oil Field Offshore Eastern Arctic
Analysts say oil production in the region - apart from Prirazlomnoye - is years away and may start only in the mid-2020s.
Read More »