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Eni report: global oil reserves and oil production up in 2018 due to US

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Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The second volume, the World Gas and Renewables Review , focused on natural gas and renewables sources (solar, wind and biofuels), will be published in autumn.

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Iran, Iraq, Syria sign $10B gas pipeline deal

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Iran, Iraq, and Syria have signed a deal for the construction of the Middle East’s largest gas pipeline, which would carry gas from Iran’s South Pars gas field to Europe via Iraq, Syria, and Lebanon and beneath the Mediterranean Sea. Construction should take 3–5 years once funding is secured, Ouji said.

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Iran produces biodiesel from Jatropha

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Fars News Agency (FNA) reports that Iranian experts and scientists for the first time managed to produce biodiesel fuel using the oil extracted from Jatropha curcas plant cultivated in Southern Iran.

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

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Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference.

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IEA: key oil trends 2018

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Total OECD annual production of crude oil, natural gas liquids (NGL), and refinery feedstocks increased by 10.3% Canadian production also increased on an annual basis (+8.1%), due to robust production of crude oil, while Mexico’s production continued to fall (-6.3%). or 105 Mt in 2018 compared to 2017.

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Opinion: China To Continue Expanding Its Influence In The Oil And Gas Sector

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Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its oil to China than it did to the U.S. China also made large investments in Saudi Arabia’s oil refining industry as well.

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Iran to produce DME for fuel

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Iran’s Petrochemical Research and Technology Company (PRTC) has held talks with Zagross Petrochemical Complex, as one of the largest methanol producers in the country, for the construction of an 800,000 ton unit for converting methanol to dimethyl ether.

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