Iran could restart its nuclear program as it attempts to agitate the U.S.
Read More »Russian Oil and Gas Companies Serious Problems due to Sanctions
Russia’s ability to increase its oil extraction on its current technological basis has been effectively depleted.
Read More »Saudi Arabia Turns to Nuclear Power
The domestic price of oil used for electricity generation and desalination is highly subsidized.
Read More »BP will Dig Its First Exploratory Well in Gulf of Suez
The project is awaiting completion of security approvals and the licenses necessary to start drilling.
Read More »US to Help India Unleash Its Own Natural Gas Reserves
The recently established US-India Gas Task Force is designed to help India unleash its own natural gas potential.
Read More »Iraq will Develop Mansuriyah Gas Field. Nassirya Oil Field
Iraq has failed to lure investors for the project. which includes building a refinery to process crude from the region.
Read More »Strikes on Total Rigs to Continue Today
Workers voted to down tools in a series of 24 hour and 12 hour strikes.
Read More »Will India Give Up Iran’s Oil?
If India does not import crude from the US. the most likely fallout will be to buy from other OPEC countries.
Read More »Gazprom`s Problem with Iran Resolved
Gazprom has invested tens of million dollars at sensitive oil and gas fields.
Read More »Putin Invites Trump to Moscow for “Important“ Talk
Putin praised Trump for what he called ".his eagerness to meet all his promises he made to voters during his election campaign.".
Read More »