News

December 28, 2018

Iraq’s policies to support oil and gas development appear stalled, says GlobalData

Iraq’s crude-oil production is gradually increasing thanks to expansion at previously delayed oil projects. However, the existing contracts are still not able to reach their full […]
December 20, 2018

China’s CNOOC Signs Oil, Gas Exploration Deals With 9 Foreign Firms

China National Offshore Oil Corporation (CNOOC) has signed strategic cooperation agreements for oil and gas exploration offshore China with nine international companies including oil majors Chevron, […]
December 20, 2018

Texas, New Mexico Oil and Gas Reserves are Largest Ever Assessed, Bringing Economic Hope, Environmental Concern

An announcement by the U.S. Geological Survey earlier this month that the potential largest oil and natural gas reserve ever assessed is sitting beneath Texas and […]
December 20, 2018

Iran Claims It Holds The Most Oil, Gas Reserves In The World

Despite the U.S. sanctions, Iran continues to explore and discover new oil and gas reserves and now ranks “first in terms of oil and gas reserves […]
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