CNOOC Starts Production at Huizhou 26-6 Oilfield Development Project

• Tuesday, 3rd December 2024
• by Doaa Ashraf

CNOOC has commenced production at Huizhou 26-6 Oilfield Development Project in the Peral River Mouth Basin. The project, with an average water depth of about 110 meters, is expected to achieve a peak production of ...

Saudi Arabia to Cut Light Crude Prices to Asia

• Sunday, 2nd April 2017
• by Editorial Team

The official selling price for flagship Arab light crude could be cut by $0.10-$0.40 in May.

Iran Oil Exports to Sri Lanka in the Offing

• Tuesday, 17th November 2015
• by Egypt Oil & Gas

Iran and Sri Lanka have begun new talks to resume oil shipments to the Asian country, head of the National Iranian Oil Company (NIOC) Roknoddin Javadi says.

Iran Discovers Large Light Crude Oilfield

• Thursday, 19th April 2012
• by Egypt Oil & Gas

A huge light crude oilfield with considerable reserves has been discovered in southwest Iran, the Mehr News Agency reported on Wednesday.