Gazprom intends to invest up to 100 billion rubles in the coming years.
Read More »Siemens Refused to Cooperate with Ukraine Because of Fear of Losing Russian Orders
In July it became known that Russia. in violation of the sanctions regime. sent gas turbines made by the German concern Siemens (model SGT5-2000E) to the Crimea.
Read More »OPEC’s No. 2 Faces Civil War Threat
Tribal fighting near oilfields sites is definitely affecting the energy operations and sending a negative message to foreign oil firms.
Read More »South Pars Phase 14 Gains Momentum
In fiscal 2016-17. gas production from South Pars increased to 520 mcm d. up more than 150 mcm d compared with the previous year.
Read More »How Russia Saved This Oil Platform from A Titanic Disaster
In terms of oil. it’s estimated that the Arctic has 90 billion barrels of oil that is yet to be discovered.
Read More »Ireland `Ideally Positioned` to Be a Global Leader in Wave and Tidal Energy
The European Union has set itself a target of 100 gigawatts of energy that must be created within the trading bloc from marine resources by 2050.
Read More »Turkey Plays Key Role in New Global Ecosystem
Turkey has been heavily investing in infrastructure projects to reinvigorate country’s transportation infrastructure.
Read More »OPEC Tactics Raise Production Costs Around the World
OPEC is the world’s largest oil cartel and produces roughly 40 percent of the fossil fuel found in international markets.
Read More »More Than £650k Made Available for Scottish Tidal Technology
A technology quango is looking to push the boundaries of what kind of Scottish weather that wave energy devices can survive by funding 13 innovative projects.
Read More »IEA Sees Risk of Volatile Oil Prices on Weak Upstream Investment
There are still not enough signs of investment beginning to return. and that raises the risk of tightening of the market in the next five years and a risk to the stability of oil prices.
Read More »