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Oil&Gas Drilling
Libya Says Oil Shutdown Caused Over $255 Million in Losses
The closure of Libya’s major oil fields and production facilities has resulted in losses of more than $255 million in the six-day period ending Jan. 23, the co…
Crude
Saudi Aramco Mulls Offshore Oil Expansions
The major expansions at Saudi Aramco’s offshore oil fields of Marjan, Zuluf, Safaniyah and Berri are expected to comprise the majority of the company’s upstre…
Iskandia Energy
Iskandia Energy Operating, Inc. is a newly created Houston, Texas-based E&P, acquiring, operating and revitalizing conventional oil fields in Texas and the surr…
Crude
Saudi Aramco Arrive in Syria’s Oil Fields
Sources have disclosed that the Saudi Arabian Oil Company, commonly referred to as Aramco, has sent a delegation of experts to discuss investment opportunities …
Crude
Russia: US Smuggling Syrian Oil Worth $30 million a Month
Russia has slammed President Donald Trump's plan to deploy troops into Syrian oil fields as “criminal activity,” accusing the US of seeking to smuggle out oil…
Crude
U.S. Military Envisions Broad Defense of Syrian Oilfields
The United States will repel any attempt to take Syria’s oil fields away from U.S.-backed Syrian militia with “overwhelming force,” whether the opponent is I…
Oil & Gas Trade
Trump’s Proposal for U.S. Companies to Develop Syrian Oil Faces Hurdles
U.S. President Donald Trump’s suggestion on Sunday that Exxon Mobil or another U.S. oil company operate Syrian oil fields drew rebukes from legal and energy ex…
Hydrogen Can be Extracted from Oil Sands by Canadian Company
Scientists have developed a large-scale economical method to extract hydrogen (H2) from oil sands (natural bitumen) and oil fields.
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