Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad announced today that EnQuest Heather Limited together with EnQuest ENS Limited, First Oil and Gas Limited, Nautical Petroleum Limited and Nautical ...
Brazil heralded this week's auction of a huge oil field as a vindication of its state-dominant approach to its oil riches, but some industry experts say the country must modify its rules before new fields are sold for Brazil to achieve its ...
Tags: Oil, Metallurgy, Mineral, Energy
Thailand has officially announced a significant rise in its crude reserves as of end-2012, with its probable and possible reserves jumping 10% and 32% year on year to 421 million barrels and 277 million barrels respectively, data released ...
Tags: Crude Reserves, Mineral
Algeria has discovered new gas reserves in exploration programs recently, the country's Minister of Energy and Mines, Youcef Yousfi, said during a press conference on Monday. "This year's intensified gas exploration program enabled ...
Tags: Metallurgy, Mineral, Energy, gas
China National Petroleum Corp. (CNPC) announced acquisition of a 20 percent stake in Novatek-led Yamal LNG project on June 24. The Chinese oil and gas producer said yesterday that it had signed an agreement with Novatek, the ...
China's dependence on foreign crude oil and refined oil products is set to increase, but the government has placed a cap at 61% of total requirements for the end of the current five-year economic plan in 2015, according to a new government ...
Tags: China, crude oil, refined oil products, energy development
In 2011, the United States became the world’s largest producer of natural gas, growing by 7.7% between 2010 and 2011. That represented the largest volumetric increase in the world, according to BP’s Statistical Review of World ...
Tags: natural gas, Natural Resource, gas industry
Tehran Times cited Mr Javad Oaji deputy Oil minister of Ira as saying that Tehran and Baghdad are set to finalize a deal on gas exports from the Islamic Republic to Iraq in the near future. Mr Oaji,who is also the MD of the National ...
Tags: Iran and Iraq, Gas Export, Oil minister
The Board of EITI (Extractive Industries Transparency Initiative) has declared Iraq to be ‘Compliant’ with the EITI Standard. There are now 18 countries that are ‘EITI Compliant’. EITI compliance means that the ...
Tags: Iraq, EITI Standard, oil, gas, mining
MNA reported that the Iranian Offshore Oil Company has managed to boost output at oilfields to a great extent. Mr Mahmoud Zirakchianzadeh MD of IOOC said that output at the Siri and the Salman regions have been increased by 25% and 50% ...
Tags: offshore oilfields, oilfields, oil, oil wells
(i)GDP In 2005, The GDP of Hebei province reached 1,009.61 billion yuan, of which the primary, secondary and tertiary industries were RMB 150.31 billion yuan,RMB 523.25 billion yuan and RMB 336.05 billion yuan respectively and per capita ...
Tags: Hebei province, survey, economy, investment
MNA reported that Iran has started drilling the first exploratory well at the Afshar-1 gas field, which is shared with Turkmenistan. The Iranian section of the gas field measures around 9 square kilometers in area, equaling half the total ...
Tags: oil&gas drilling, jobs in oil and gas, oil heating prices
A senior Iranian energy official said that the country will increase its oil storage capacity in the Persian Gulf by 8.1 million barrels with the construction of new storage facilities. Mr Mahmoud Zirakchian Zadeh MD of Iranian Offshore ...
Tags: Oil Storage, construction of new storage facilities, Persian Gulf
II. Economy i. GDP In 2005, the GDP in Ningxia was 59.94billion Yuan, among which the output value of first industry has increased 6.978 billion Yuan, the secondary industry 27.782 billion Yuan, and the tertiary industry 25.18 billion ...
Tags: Ningxia, business, introduction to Ningxia, Ningxia economy, survey
Iran Daily reported that existence of huge iron ore, coal and natural gas reserves has provided the potential for Iran to become one of the world's major crude steel producers. Currently, 8 steel projects are underway in different parts ...