This is Chevron’s second project in the Australian LNG rush.
Read More »Iraq`s Talks with Exxon on Southern Oilfields Project Reach Final Stages
Iraq. OPEC’s second-largest producer. had approached PetroChina and Exxon Mobil about investing in the project.
Read More »Chevron. Total Interested in Majnoon Oilfield
Royal Dutch Shell said last month it had agreed with Iraq’s oil ministry to relinquish operations at the Majnoon field to the government after unfavorable changes to fiscal terms.
Read More »Iraq Reportedly Urges Turkey. Iran to Close Borders with Iraqi Kurdistan
The Iraqi Foreign Ministry has called on Ankara and Tehran to close checkpoints at the border with Iraqi Kurdistan.
Read More »OPEC. Others May Take Some Extraordinary Measures in 2018 to Rebalance Oil Market
Barkindo said consultations are under way for the extension of OPEC output cut deal beyond March 30. 2018.
Read More »Saudi Aramco Expands in India
Saudi Arabia is competing with Iraq to be India’s top oil supplier. with Iraq displacing it for a fifth month in a row in August.
Read More »Algeria Says Will Not Change Foreign Ownership Limit in New Energy Law
Algeria awarded only four of 31 oil and gas field blocks on offer to foreign consortiums in 2014
Read More »Total Ready for Price War as It Enters French Retail Power Market
Total planned to increase its electricity production capacity in France.
Read More »Russia`s Rosneft Aims for Big Boost in Oil Exports to China
Russian oil production has been steady. at around 10.9 million bpd due to a global pact to reduce total production by around 1.8 million bpd to support weak oil prices.
Read More »IEA Head Sees Oil Prices Subdued On Non-OPEC Supply Growth
The production growth from non-OPEC countries is still there so I do not expect a price rise in the near future.
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