Iran International Oil. Gas. Refinig and Petrochemical Exhibition

The oil show is the biggest energy exhibition in the Middle East in terms of the number of participants and size.

Russia has agreed to cut its oil output by 300.000 barrels per day under the OPEC deal signed in Vienna.

Baker Hughes have built a new deepwater fracturing tool that it claims can save companies “hundreds of millions of dollars”. The American-based oil service firm announced the new tool. DEEPFRAC. which eliminates certain steps of offshore fracturing operations and induces rapid stimulation of over 20 stages. On a recent job …

The oil market needs more time to start using up stored inventories. which are on the verge of declining.

Many environmentalists and Democrats counter that Obama-era measures were critical to reducing America'.s contribution to climate change.

New contracts with international oil majors will help create thousands of jobs and plough billions of dollars into the key petroleum industry. according to Reza Khayyamian. head of the Society of Iranian Petroleum Industries Equipment Manufacturers. If foreign companies come to Iran`s energy market and sign the (oil) deals. almost …

Conventional offshore stimulation systems are often limited to only five zones or ‘stages’ and these systems lack configuration flexibility.

The regional government is at odds with Baghdad as it is trying to strengthen its grip on local natural resources.

Saudi Aramco. the kingdom'.s state-owned oil behemoth. took 100% control of the sprawling Port Arthur refinery in Texas.