Around 83.000 barrels of Yadavaran production is a blend of light crude and the rest is heavy crude.
Read More »POGC Offsets South Pars Gas Production Decline
Iran has been second-best to Qatar in gas production from South Pars.
Read More »China Successfully Tests Marine Natural Gas Hydrates
The pilot production was carried out in the Shenhu Area of Northern South China Sea.
Read More »Schlumberger Signs MOU with Saudi Aramco
For more than 75 years. Schlumberger has supported Saudi Aramco and the Kingdom of Saudi Arabia’s oil and gas industry.
Read More »India No. 2. Surpasses US in Renewable Energy Index
India has zoomed past the US to take the second spot on a list of the world’s most attractive renewable energy market.
Read More »Extending Oil Cuts. Adding Small Producers Enough to Drain Stocks
OPEC has been urging other producers to join the supply pact.
Read More »Petrochemical Investments Will Pay Off in 2 Years
With a combined production capacity of 2.2 million tons annually. the plants cost $1.3 billion.
Read More »BP Aiming at 4 Million Barrels a Day by 2020
BP expects to grow its production to 4 million barrels a day by the end of the decade.
Read More »EIA: US Oil Inventories fall
US crude imports rose 577.000 bpd last week. while exports rose 400.000 bpd.
Read More »South Africa Open to Iranian Investment if New Refinery Goes Ahead
South Africa bought around 68.000 bpd of crude from Iran in May 2012.
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