The US shale oil output will make up more than half of the 1.5 mb d in non-OPEC supply growth forecast for the next year.
Read More »Gazprom Interested in Establishing LNG Supplies to Brazil
A branch of Gazprom is operating in Rio de Janeiro.
Read More »Iran Exports Half of Its Oil to Europe
Under the sanctions Iran’s oil production was 2.7 million barrels per day. with one million barrels heading for export markets.
Read More »OMV Restarts Work at Tunisian Nawara Gas Project After Blockade Ends
Nawara had an output of roughly 8.000 barrels of oil equivalent per day until May.
Read More »Oil Min: OPEC Considering Deeper Output Cuts
The reason for the discussion is an increase in the levels of U.S production which OPEC members had not predicted.
Read More »North Sea Oil Firms `Eye Growth Despite Brexit Fears`
Almost 60% of businesses expect to expand this year. Bank of Scotland report finds.
Read More »Private Sector Invest in Southern Renewable Energy
Data show that barely 240 megawatts. or just around 0.3% of Iran'.s total electricity supplies come from renewable sources.
Read More »Oil Prices Pauses After Sharp Falls
Saudi Arabia'.s crude exports in April fell to 7.006 million bpd. official data showed on Monday.
Read More »Shale-Related Seismic Activity Rises in Texas
Generally. shale oil and gas development has been good for Texas economically.
Read More »SOCAR Overhauls Platform at Darwin Bank Field
In 2016. SOCAR produced 7.52 million tons of oil from Azerbaijan’s offshore and onshore fields. as compared to 8.16 million tons in 2015.
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