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      Iran Crude Exports Hit 2.4 million bpd

      Asia Pacific
      Minister of Petroleum, Bijan Zangeneh says Iran’s daily production of oil and condensate has risen to 2.4 million barrels.    Since the lifting of...

      Iran already Reach the Desirable Crude Production level

      Asia Pacific
      Mohsen Qamsari, the director for international affairs of the National Iranian Oil Company (NIOC), stated that Iran has already reached the desirable level of...

      Nord Stream 2 to spur European gas market development

      Europe
      A working meeting was held in Berlin today between Alexey Miller, Chairman of the Gazprom Management Committee, and Sigmar Gabriel, German Vice Chancellor and...

      Oil bankruptcies reach highest quarterly level since recession

      America
      Bankruptcies among oil and gas companies have reached quarterly levels last seen in the Great Recession , according to the Federal Reserve Bank of...

      Statoil ASA to increase its ownership in Lundin Petroleum AB through swap agreement

      Europe
      Statoil ASA has entered into an agreement with Lundin Petroleum AB (Lundin Petroleum) to divest its entire 15 percent interest in the Edvard Grieg...

      Wintershall eyes Argentina’s Vaca Muerta shale with new investment

      America
      Wintershall and Energy company Gas y Petróleo del Neuquén have signed an agreement under which Wintershall will increase its interest in Argentina Aguada Federal...

      Vermilion Energy reports first gas from Corrib project

      Europe
      Vermilion Energy said Wednesday that natural gas had started to flow at the company’s Corrib gas project in Ireland. Production levels at Corrib are...

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