The new area comprises two deep-water wells. which belong to a concession of the U.S. oil company Shell.
Read More »Big Oil should Double Costs to Reach Climate Goals
The largest European oil companies spend about 5 percent of their capital expenditure budgets on ``new energies``.
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 »Iraq`s Oil Production Unaffected by Protests
The country’s refining capacity is currently at more than 700.000 barrels a day.
Read More »Global LNG Prices Exceed Past Winter Peak
Russia'.s Yamal LNG plant has offered cargoes for winter delivery to Asia.
Read More »Nord Stream 2 Pipeline `Unstoppable` Now
Some countries that are afraid of losing revenues from Russian gas transit. are opposed to Nord Stream 2.
Read More »Shell will Open 1200 Gas Retail Outlets in India in 10 Years
Shell India has acquired land for 150-200 sites across the country and operates around 120 retail outlets.
Read More »Russia’s Oil Companies Big Gain amid Sanctions
In August. Russia pumped 11.21 million barrels of crude daily. almost the same as the July daily production rate.
Read More »Japan to Suspend Iran Oil Imports under US pressure
Resource-pour Japan relies heavily on imports of oil from the Middle East.
Read More »Nord Stream 2 Pipeline Progress despite Sanction Risk
Uniper will remain one of the financing partners of this project.
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