CNPC already holds a 30 percent stake in the giant field.
Read More »U.S. Oil Firms Interested in Offshore Projects
Egypt has signed a deal with Cyprus for the construction of a pipeline that will channel gas from the island’s Aphrodite field to facilities in Egypt.
Read More »Sechin Rebukes Venezuela Oil Shipments
Venesuela'.s oil production has fallen to just 1.17 million barrels-per-day. a 37 percent drop in the last year.
Read More »Oil Hits 2018 Lows on Emerging Supply Surplus
Oil prices have plunged by around 30 per cent since their last peaks in early October.
Read More »Indian Oil Corp to Buy 180.000 bpd Iranian Oil in 2018 19
The company has a deal to buy 180.000 barrels per day (bpd)Iranian oil this fiscal year.
Read More »Oil Producers Not To Cut Output
Surging production from the world’s biggest oil producers have more than offset Iranian and Venezuelan supply losses.
Read More »Saudi Arabia Launches Uranium Exploration Program
Saudi Arabia has said that if it does not get U.S. assistance to build reactors it may turn to other international partners.
Read More »Google to invest data center and green energy in Denmark
Alphabet Inc’s Google will invest 4.5 billion Danish crowns ($690 mln) in building a new data center in Fredericia. Denmark. its Danish business said on Tuesday.
Read More »Oil Prices Rise amid Expected OPEC Cut
Japanese refiner Fuji Oil is set to resume Iranian crude purchases after Japan received one of those waivers.
Read More »Oil Edges Up as Hopes on OPEC Output Cut High
US crude production reached another record last week. at 11.7 million barrels per day.
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