Iran plans to increase its nominal electricity generation capacity to 80.000 MW by summer 2018.

CNOOC. according to its website. is looking for foreign partners to explore and develop 22 blocks this year.

Statoil has a 75% stake in the project. with the remaining 25% owned by Masdar.

The country currently produces 513.500 tons of crude oil per day of which 230.000 tons are refined.

Russian oil output fell to a year-low of 10.91 million bpd in August from 10.95 million bpd in July.

The project would be 45 percent owned by Rosneft and 55 percent owned by Pertamina.

Waste will be delivered once each day and up to 150 cubic metres will be stored for weekend operation.

Russia has proposed to create a research platform for the energy sector to be shared among the BRICS states.

The Government of Denmark proposes to amend the Law on the Continental Shelf. which provides for the refusal to construct pipelines in the event of an environmental threat.

State-owned Qatar Petroleum (QP) will keep the remaining 70 percent in the new joint venture for the Al-Shaheen field.