oil extraction

  • Iran’s NIOC Injects Nanofluid in Sourmeh Resevoire for Oil Recovery

    Iran’s NIOC Injects Nanofluid in Sourmeh Resevoire for Oil Recovery

    Monday, 24th May 2021

    The National Iranian Oil Company (NIOC) has begun nanofluid injection into the Sourmeh reservoir of Bilal Oilfield as an operational step toward implementing enhanced oil recovery (EOR) in the field, according to NIOC’s press release.

  • Nigeria Lost $831m due to Gas Flaring in 2015

    Nigeria Lost $831m due to Gas Flaring in 2015

    Thursday, 11th February 2016
    Nigeria lost $831m as oil and gas firms in the country flared 271.38bscf gas in 2015, according to data published by the Nigerian National Petroleum Corporation, NNPC, in its Monthly Financial and Operations Report for December 2015.