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IEA: Surge In Global Oil Supply May Overtake Demand In 2018
Tuesday, February 13, 2018 The rise in global oil production, led by the US, is likely to outpace growth in demand this year, IEA says.
ExxonMobil's Reserves Jump 19% On Growth In US Shale, UAE
Friday, February 09, 2018 ExxonMobil says its oil and gas reserves surged 19% last year, thanks to growth in US shale, the United Arab Emirates and Guyana.
Total, Inpex Propose Taking 39% Stake In Indonesia's Mahakam Block
Friday, May 12, 2017 Total E&P Indonesie, a unit of French major Total, and Japan's Inpex Corp propose taking a 39% stake in the new production sharing contract (PSC) for the Mahakam block.
India Aims To Cut Petroleum Imports As It Boosts Alternative Fuel Use
Monday, April 24, 2017 India aiming to cut its oil products imports to zero as it turns to alternative fuels such as methanol in its transport sector.
India's ONGC Sees Its Gas Output Hitting 5-Yr High In Fiscal 2018
Friday, April 07, 2017 India's Oil and Natural Gas Corp expects its natural gas production to reach a 5-year high in the current fiscal year.
India's Feb Oil Output Falls 3.4% YoY
Wednesday, March 22, 2017 India's oil output in February fell 3.4% to about 2.80 million tons year-over-year.
India's Top Oil Explorer To Invest $1.1B To Boost Output
Thursday, February 23, 2017 Oil and Natural Gas Corp., India's top oil and gas explorer, will invest 73.37 billion rupees ($1.10 billion) in five fields.