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Five Major Challenges Facing The Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
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142016-11

Saudi energy minister urges to agree on oil output freeze at OPEC Nov.30 meeting
Saudi Energy Minister Khalid Falih urged the members of the Organization of the Petroleum Exporting Countries (OPEC) to reach consensus on oil market stabilization during the meeting in Vienna on November 30, Sputnik reported.

112016-11

How will Trump’s energy policy affect global oil market?
The ability of Donald Trump as the US president to influence the oil market will not be concentrated in the US but in three other places - Libya, Venezuela and Russia, Gal Luft, co-director of the Institute for the Analysis of Global Security (IAGS), a Washington based think tank focused on energy security, and a senior adviser to the United States Energy Security Council, told Trend Nov.10.

092016-11

Trump beats Clinton in 2016 US presidential election
According to the Associated Press reported that local time on the 9th morning, the 2016 US presidential election vote on the work near the end.

082016-11

Int’l Petroleum Exhibition and Conference kicks off in Abu Dhabi
The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) kicked off in Abu Dhabi Nov.7, according to the message posted on event’s Twitter page.

042016-11

Oil price growth reflects expectations of US output decline
The modest upward correction in oil prices reflects expectations of a continued decline in oil production in the United States, the European Bank for Reconstruction and Development (EBRD) said in its Regional Economic Prospects report.

022016-11

Kashagan oil to go via Azerbaijan once Phase 2 starts
A need will emerge to transport oil from Kazakhstan’s Kashagan field through Azerbaijan when Phase 2 of the field’s development starts, the press service of the Kazakh Energy Ministry told Trend.

312016-10

Happy Halloween!
Xinxiang Kolanky Technical Co.,Ltd is focus on oilfield chemicals. We started out from the production and R&D of oil field chemicals since 1995.

282016-10

Turkey expects oil prices to be $60-70 per barrel
Turkey expects global oil prices to rise up to a level of $60-70 per barrel, the Anadolu Agency quoted Turkish Energy and Natural Resources Minister Berat Albayrak as saying Oct. 27.

262016-10

Oil, gas account for 43% of Russian budget revenue
Russia produced an estimated 11.03 million barrels of petroleum and other liquids per day in 2015, according to the Country Analysis Brief of the US Energy Information Administration (EIA).

242016-10

Turkmenistan aims to increase export of oil product
Commissioning of a new oil terminal with a capacity of 540.000 tons near Turkmenistan’s border with Afghanistan, anticipated in the nearest future, will allow Turkmenistan to increase exports of oil products, said the message of Turkmen Oil and Gas Complex.
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