Tag Archives: Resources

Venezuela now produces almost half of the oil it did two decades ago.

Agreement aims to increase production capacity from the Bu Haseer field from 8.000 bpd too 16.000 bpd.

Critics say using the oil reserve for anything other than an oil supply disruption is unwise.

The development builds on discussions during a climate summit in Paris last year.

The Italian firm said the joint company will have a daily production of around 180.000 barrels of oil equivalents.

All of Libya’s natural resources and facilities should be returned to the recognized Libyan authorities as soon as possible.

The construction of the Nord Stream 2 gas pipeline will improve the European energy security.

For more than 45 years. ADNOC has been entrusted with Abu Dhabi’s oil and gas resources.

State-run Korea Gas Corp (KOGAS) and Russian state gas company Gazprom will conduct a joint pipeline study.

The state-owned company is looking at both shale and conventional resources in the US.