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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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062017-01

Saudi Arabia has fully implemented OPEC oil-output cut
Saudi Arabia has cut its crude-oil production by at least 486,000 barrels a day so far this month,said a person familiar with the Kingdom's output,bringing the world's largest exporter of petroleum swiftly into line with OPEC's deal to raise prices.

042017-01

Oil dips but set for biggest yearly gain since 2009
Oil traded slightly lower on Friday, but was still on track for its biggest annual gain since 2009, after OPEC and other major producers agreed to cut output to reduce a global supply overhang that has depressed prices for two years, Reuters reported.

302016-12

Happy New Year!
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. After more than

282016-12

Gazprom Neft opens new field in Serbia
Gazprom Neft has opened up a new field in Serbia with recoverable reserves in the order of 432000 tonnes.

272016-12

Egypt seeks to import crude directly from Iraq
CAIRO(Reuters)--Egypt's petroleum minister Tarek Elmolla said his country was seeking to reach and agreement with Iraq over importing crude oil directly and that he hoped to finalize the deal by the first quarter of 2017.

232016-12

Merry Christmas!
Xinxiang Kolanky Technical Co.,Ltd is focus on oilfield chemicals.

192016-12

US oil output expected to rise in tandem with higher prices
With oil prices on the rise following the OPEC production deal,US output is expected to increase,say analysts at ING.

162016-12

Russia's Gazprom Neft,Iran's NICO agree Iranian oil field studies
Russian oil producer Gazprom Neft and national Iranian Oil Company(NIOC)agreed on Tuesday to conduct a study into the possible development of two oil fields in Iran,Russia's energy ministry Alexander Novak said.

142016-12

Sign the oil patch is ready to start spending
One of the first big boosts to anticipated oil-patch capital spending comes from Calgary's Cenovus(CVE)as the oil-sands company is targeting $1.2-1.4B next year,some 25% above this year's forecast.

122016-12

Mexico eyes higher oil output than Venezuela,Brazil
Mexico plans to increse its crude oil production substantially,overtaking both Venezuela and Brazil if its plans work out.
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