oil

New shale gas reserves discovered in SW China

Published on: October 19, 2022
10:01

Beijing, Oct 19 (Prensa Latina) A Chinese oil company discovered a deposit holding over 387 billion tons of shale gas, considered one of the alternatives to conventional hydrocarbons for the future, local press reported.

Syrian Foreign Ministry demands US compensation for oil plundering

Published on: October 9, 2022
00:30

Damascus, Oct 9 (Prensa Latina) The Ministry of Foreign Affairs condemned the plundering carried out by the United States' occupying forces in Syria's northeastern oil fields and demanded compensation for the losses.

Syria condemns over $107 B losses after oil, gas plundered by U.S.

Published on: August 29, 2022
16:55

Damascus, Aug 29 (Prensa Latina) The Syrian government on Monday revealed losses of over $107 billion in natural resources, including oil and gas, as a consequence of overall plunder by the United States and illegal armed militias.

Afghanistan to seal agreement with Russia to import gas and oil

Published on: August 27, 2022
09:10

Kabul, Aug 27 (Prensa Latina) The Afghan government on Saturday said it will soon strike a deal with its Russian counterpart over business matters and the import of Russian oil and gas, Tolo News reported.

Russia to lower oil export tariffs

Published on: August 15, 2022
18:35

Moscow, Aug 15 (Prensa Latina) The Russian Finance Ministry on Monday announced that as of September 1, 2022, oil export tariff will be lowered by 1.9%, from about to per ton.

New oil reserves discovered in China

Published on: August 11, 2022
11:19

Beijing, Aug 11 (Prensa Latina) China's state oil giant Sinopec discovered other reserves containing 1.7 billion tons of crude oil while some fields in the Northwest Xinjiang Uygur Autonomous Region were explored, Global Times reported on Thursday.

Turkey announces oil prospecting in Mediterranean Sea

Published on: July 20, 2022
10:46

Ankara, Jul 20 (Prensa Latina) The Turkish authorities will carry out new oil exploration operations in the Mediterranean Sea in August, according to Vice President of Turkey Fuat Oktay.

India to boost oil production in Russia’s Far East

Published on: July 11, 2022
08:30

New Delhi, Jul 11 (Prensa Latina) India will boost the production of the Sakhalin-1 oil and gas development project in Russia's Far East, the Indian Punchline website reported.

Strategic relationship between Lebanon and Iraq emphasized

Published on: July 6, 2022
07:38

Beirut, Jul 6 (Prensa Latina) Lebanon's acting Minister of Energy and Water, Walid Fayyad, emphasized the strategic relationship between his country and Iraq for the supply of fuel, it was reported in this capital on Wednesday.

U.S. is depleting its SPR faster than it looks, says specialist

Published on: June 20, 2022
19:29

Washington, Jun 20 (Prensa Latina) The United States sells a larger chunk of its Strategic Petroleum Reserves (SPR) than the oil production of medium-sized nations members of the Organization of Petroleum Exporting Countries (OPEC) including Angola and Algeria.

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