Iran currently produces about 3.8 million barrels per day (mb d) and exports about 2.2 mb d. plus 400.000 bpd of condensate.
Read More »Schlumberger to Help IOG with Southern North Sea Development Plans
The letter of intent covers the Blythe Hub and Vulcan Satellites Hub developments in the southern North Sea.
Read More »Kurdish Referendum. More Trouble in the Middle East
The Turkish President has already warned against the holding of the referendum which he fears will draw Turkish Kurds into a future conflict.
Read More »Russia`s Gazprom Replaces Exxon A Top Global Ranking
Behind Gazprom. Germany’s E.ON and India’s Reliance Industries rounded out the top three. followed by South Korea’s Korea Electric Power Corp. and China Petroleum &. Chemical Corp.
Read More »Chevron to Invest $4 Billion to Boost Permian Basin Output
The Permian is the powerhouse (of U.S. crude output growth).
Read More »US Plans to `Bury` Nord Stream 2 to Weaken Russia on European Market
The United States has the most pragmatic position on the Nord Stream 2 project.
Read More »How Mexico’s Energy Reform Will Impact the U.S.
Unfortunately. Mexico’s domestic production has lagged behind demand.
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 »Will The White House Prevent Rosneft from Buying Citgo?
The possibility of Rosneft taking over the whole of PDVSA seems a bit far-fetched.
Read More »Trump: Fate of Iran Nuclear Deal Hangs on Tough UN Policing
The warning from Trump came in a message to the U.N. agency’s annual meeting. being held in Vienna. that was read by U.S. Energy Secretary Rick Perry.
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