Al-Falih told Arab News that they discussed Iraq’s huge mineral reserves. which have yet to be explored or invested in.
Read More »Poland Plans to Abandon Russian Gas in Five Years
The current contract for the supply of Russian gas to Poland is in effect until January 1. 2020.
Read More »Statoil’s 2017 Barents Sea Exploration Proves Disappointing
Statoil is cutting its exploration guidance for this year from US$1.5 billion to US$1.3 billion related to efficiency gains and stricter prioritization.
Read More »US Shale Production Decline
Shares of major shale producers. including Pioneer Natural Resources Co. and EOG Resources Inc.. tumbled this week as investors began to lose confidence in the prolific Permian basin.
Read More »Russia to Increase Gas Production in Far East by 250% by 2035
The production of gas in the region increased by 10 percent over the past five years and reached 32.8 billion cubic meters of gas.
Read More »Beijing Defends East China Sea Activities After Japan Protests
China insists oil and gas exploration is taking place within its own waters after long-standing territorial dispute flares up.
Read More »Ukraine Snubs Russia by Buying U.S. Coal
Ukraine needs more reliable energy. The U.S. needs customers for its faltering coal industry.
Read More »US Sanctions Against Maduro a `Blunt Attempt to Topple an Unpleasant Leader`
The US sanctions against Venezuelan President Nicolas Maduro is an attempt to oust the ".unpleasant". for Washington leader.
Read More »Saudi Arabia Maintains Share of Japan`s Oil Imports
Despite production cuts. kingdom holds onto 40% slice by discounting light grade.
Read More »Digital Future for Oil and Gas Industry
The oil and gas industry is facing a new productivity transformation. where digital technologies help companies discover new ways to drive increased efficiency.
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