Iran has made an important offshore gas discovery in its southern region. according to a report on Wednesday.

Exports of non-oil products from Iran’s Southern port of Shahid Rajayee stood at 19 million tons. registering a growth of 11.6 percent in the first half of the current Iranian year 1398 (ending September 22. 2019). a provincial official announced.

Iran’s Min. of Energy is planning to launch new power plants with more than 3800MW of capacity until next summer to add 34TWh of electricity to its current production of above 300 TWh.in a bid to further increase its power export to neighboring countries.

Lithuania. Latvia and Estonia are on track to integrate into the European energy grid by 2025.

The bigger challenge facing ExxonMobil is availability of buyers.

The size of the plant is at least three times the size of similar plants operated by OMV Petrom in Romania.

There are mixed signals on what the outcome of this meeting would be.

Satellites and artificial intelligence are changing every aspect of the oil industry and oil markets.

Once developed. 1.8GW of capacity would be available from October 2023.

Qatar is expanding the North Field in its drive to boost gas output to 110 million tons per year by 2024 from about 77 million currently.