All publications by tag «OIL»
2016, May, 24, 19:55:00
U.S. WERE THE LARGEST
For the United States and Russia, total petroleum and natural gas hydrocarbon production, in energy content terms, is almost evenly split between petroleum and natural gas. Saudi Arabia's production, on the other hand, heavily favors petroleum. Total petroleum production is made up of several different types of liquid fuels, including crude oil and lease condensate, tight oil, extra-heavy oil, and bitumen. In addition, various processes produce natural gas plant liquids (NGPL), biofuels, and refinery processing gain, among other possible liquid fuels.
2016, May, 24, 19:50:00
IRAN WILL NOT FREEZE
"Currently, Iran's crude oil exports, excluding gas condensates, have reached 2 million barrels per day (bpd)," Javadi said. "Iran's crude oil export capacity will reach 2.2 million barrels by the middle of summer."
2016, May, 24, 19:45:00
IRANIAN - INDIAN COOPERATION
India said Monday it will invest up to $500 million in a deal to develop a strategic port in Iran and both countries planned a number of projects they say are worth hundreds of millions of dollars.
2016, May, 24, 19:40:00
PETROPARS & SHELL INVESTMENTS
Established in 1998, Petropars was founded to contribute toward the development of Iran’s vast energy resources. It specializes as a developer of exploration, exploitation and production in upstream projects.
2016, May, 24, 19:35:00
BP CHANGES STRATEGY
BP has the lowest amount of pre-FID (final investment decision) resource, which leads to the weakest future growth rates.
2016, May, 24, 19:30:00
CHINA - MOZAMBIQUE COOPERATION
CNPC and Mozambique’s national oil and gas company ENH have signed a cooperation framework agreement under which the two sides will reinforce cooperation in oil and gas exploration and production, and natural gas processing and marketing.
2016, May, 23, 21:00:00
OIL PRICES DOWN TO $48
Brent futures LCOc1 were down 18 cents at $48.54 a barrel as of 0421 GMT, after ending the previous session 9 cents down.
U.S. crude futures CLc1 fell 26 cents to $48.15 a barrel, having settled down 41 cents in the previous session.
2016, May, 23, 20:50:00
RUSSIA & CHINA OIL RECORD
China's crude oil imports from Russia surged 52.4 percent in April from a year earlier to reach a record 1.17 million barrels per day (bpd), customs data showed on Monday, ahead of the previous record of 1.13 million bpd in December.
2016, May, 23, 20:45:00
JAPAN'S INVESTMENT DOWN BY 40%
International Energy Agency (IEA) Executive Director Fatih Birol said last month that global upstream investment fell by 24 percent in 2015 and is set to fall by 18 percent in 2016.
2016, May, 23, 20:30:00
KCA DEUTAG LOSS $29 MLN
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