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GECF: more than a quarter of 2050 natural gas supply untapped

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The two-day Oil and Gas of Turkmenistan 2020 conference was organized by the Government of Turkmenistan and attracted the participation of regional and international energy companies, including CNPC, Dragon Oil, SOCAR, ENI, ARETI, Schlumberger, Hyundai, among others.

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Opinion: How Much Longer Can OPEC Hold Out?

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OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. Venezuela’s Woes. by Gaurav Agnihotri for Oilprice.com. Source: opec.org). Iran Nuclear Deal: A warning sign for OPEC?

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IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

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Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

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What Does The Next OPEC Meeting Have In Store?

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The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. million barrels per day (bpd).

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Russia supplied about 30 percent (146.6 The decision also has impacted natural gas export prices negatively, since, for Russia's long-term supply agreements, they wholly or partially are indexed to oil prices. They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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The showcase for Chevron’s efforts—and its international center for heavy oil technology—is the 110-year-old Kern River field in the San Joaquin Valley in California. Most oil majors and service companies have developed or are leveraging information technology for field management—i.e., —Jeff Hatley.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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Venezuela, an OPEC member, has even proposed an emergency summit meeting. in Russian and Soviet history, Soviet economics, and International economics, and MBA in finance and marketing. Their suffering has led some to call for a change in strategy to “balance” the market and boost prices. The Saudi government is also scrambling.

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