Shell shut down most of the units at the 404.000 barrel per day (bpd) Pernis oil refinery in the Netherlands following a power outage caused by a fire on the evening of July 29.

Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Petropars 19.9 percent.

The vessel is operating very successfully in terms of being booked by scientists for research programs due to its modern and environmentally friendly equipment.

The project is worth about $250 million. The entire amount is paid by local companies.

Electricity demand in Iran during the fiscal 2016-17 rose by 2.700 megawatts.

OPEC hopes the market rebalancing will accelerate in the second half of this year.

In investments. €8.3bn on new asset financing was made in the first half of the year: €5.4bn in onshore and €2.9bn in offshore.

Italy purchased 2.8 million tons in the four-month period. accounting for nearly 30% of all imports.

State refiners have a 230 million tone-a-year refining capacity and a petrochemical production capacity of 915 million tone-a-year. which are being expanded.

The oil and gas industry is one of those which is very international and needs international talent both from Europe and beyond.