The whole investment is around 400 mln euros.
Read More »Large Deepwater Discovery in Gulf of Mexico by Shell
Shell expects its global deepwater production from already discovered and established areas to exceed 900.000 boe d by 2020.
Read More »US Oil and Gas Production is Leaving Saudi Arabia and Russia Behind
The EIA estimates that the US pumped the equivalent of 30 million barrels of oil per day in 2017.
Read More »Azerbaijan Invites US Companies to Invest in Non-Oil Sector
The US is ready to work closely with the countries of the region in this direction.
Read More »Russian Gas Pipeline to Germany Raises U.S. Intelligence Concerns
U.S. was skeptical whether Russian transit guarantees for other countries such as Ukraine were enforceable.
Read More »Oil to Soar to $100. US-China Trade War Nears
Trump and his trade team have cracked down on China heavily since March.
Read More »ADNOC to Become Leading Global Downstream Player
Plans are well advanced to expand the complex’s refining capacity by more than 65%. or 600.000 bpd by 2025.
Read More »Oil Majors to Support R&D at Global Industry Gathering in Abu Dhabi
Oil firms will evaluate technical solutions by researchers from around 27 countries at the two-day event.
Read More »Falih Visits South Korea’s Atomic Energy Research Institute
Saudi Arabia has received requests for information from five countries — South Korea. China. US. France and Russia — to build two nuclear reactors.
Read More »U.S. Stocks Jump 1 Percent Led by Tech Gains. Oil Prices Rise
The U.S. dollar leaped to its highest levels this year against a basket of currencies despite disappointing U.S. employment data for April.
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