Exxon has been in talks with Russian gas giant Gazprom for years over gas sales from Sakhalin-1.
Read More »Azerbaijan Creating Formula for Maximum Limit Use of Oil Revenues
SOFAZ was established in Azerbaijan in 1999 and the Fund’s main source is revenues from the sale of oil and gas that account for the state share.
Read More »Iran Reluctant to Ship Its Oil to Americas
Iran for exporting its oil to Americas needs to carry out further studies.
Read More »Baker Hughes to Increase Operational Effectiveness in Turkey
Dating back to the 1900s. Baker Hughes is a leading supplier of oil field services. products. technology and systems to the worldwide oil and natural gas industry.
Read More »Japam Provides €230m for Iran Methanol Plant
PGPIC is Iran'.s largest petrochemical company with over 60 subsidiaries. owning more than 11% of Iran'.s capital market.
Read More »Iran`s Gas will Reach Pakistan
The cooperation of non-OPEC countries. in particular Russia. is good in the deal to reduce oil supply.
Read More »France to End Fossil Fuel Production
The country is a minor player in the global hydrocarbons industry. extracting the equivalent of about 815.000 tonnes of oil per year.
Read More »Gazprom`s 2018 Gas Production Plan to Exceed 430Bln Cubic Meters
Gazprom'.s 2018 plan for gas production is expected to exceed 430 billion cubic meters. which were initially planned for 2017.
Read More »Azerbaijan. BP Extend Deal for Caspian Oil Field Until 2050
In the first half of 2017. the ACG field production averaged 585000 bpd from the six platforms.
Read More »BP Launches New Vessel for Shah Deniz Stage 2 Project
BP stated that the crane is capable of placing 750t subsea structures as far as 600m below sea level.
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