Indian companies. both public and private. have invested about $5 billion in US shale assets.
Read More »Iran Pledges to Sustain Oil Exports Despite Trump`s Threat
Iran also plans to introduce its new heavy crude grade from the West Karoun oil field as soon as six months from now.
Read More »U.S. Shale: Water Is the New Oil
There are some 25 companies that have been studying and preparing—at various stages—to develop water pipelines for shipping away this produced water.
Read More »How Russia Saved This Oil Platform from A Titanic Disaster
In terms of oil. it’s estimated that the Arctic has 90 billion barrels of oil that is yet to be discovered.
Read More »China Cracks Down Oil Smuggling Network
Smuggling is causing major headaches right now with regard to the fresh round of sanctions the UN imposed on North Korea.
Read More »Shell Invests to Boost Global Gas Demand
As well as accelerating the transition to gas. Van Beurden has advocated a price on carbon and worked to promote hydrogen as a transport fuel.
Read More »Russia`s Energy Minister Sees 2018 Oil Price in Range of $45-$55 Barrel
China had asked Russia about the possibility of shipping around 3.5 million tonnes of oil via the Russian Pacific port of Kozmino next year.
Read More »Germany to Finance LNG-Fueled Ship Construction
The vessel is under construction at the Fassmer shipyard in Germany and will be owned by Bundesamt für Seeschifffahrt und Hydrographie.
Read More »Iran Adhering to Nuclear Deal: UN Watchdog
Iran has remained within key limits on its nuclear activities imposed by its 2015 deal with world powers.
Read More »Traders in Asia Hunt Oil Products to Send to US
Traders will try to keep discharge options open so that they are able to anticipate any potential delays in discharging the cargoes.
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