OPEC and non-OPEC countries had agreed to review current oil production as a countermeasure to the lack of Iranian oil caused by the US sanctions.
Read More »Novatek Discovers Hydrocarbons in Utrenneye Field in Siberia
The Arctic LNG 2 project is expected to utilize the 7 billion plus boe of hydrocarbons resources in the Utrenneye field.
Read More »Pakistan Needs Iran Gas
Pakistan is not under pressure of the US sanctions for providing its needs.
Read More »Egypt Signs Two New Oil Drilling Agreements
The oil sector managed from June 2014 until now to sign 63 new oil and gas exploration deals.
Read More »The U.S. Wants Russia to Control Soaring Oil Prices
The U.S.. Russia and Saudi Arabia are also working together to make sure the world has access to affordable energy.
Read More »New Yamal LNG Carrier Named
MOL highlights that the Arctic is a rich repository of natural resources.
Read More »Egypt will Exploit New Gas Field from Next October
The new area comprises two deep-water wells. which belong to a concession of the U.S. oil company Shell.
Read More »Saudi Arabia Seeks Investment Options in Sudan
The Kingdom has an advantage in being one of the leading players in the mining sector.
Read More »Novatek. Russia’s New Gas Giant
Total is also a shareholder in Novatek (19 percent). along with CNPC and the Chinese Silk Road Fund.
Read More »China’s Natural Gas Appetite
PetroChina’s domestic crude oil production dropped by 1.3 percent in the first half of 2018.
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