Construction of two new power stations on the peninsula. which Russia annexed from Ukraine in 2014. is already underway.

Oil cartel is going to continue the dialogue with shale producers in Q42017 and extend cooperation with the US companies which have not established the contact with OPEC.

Ministers from countries including Kuwait. Venezuela. Algeria. Saudi Arabia. Russia and Oman will discuss production caps on Nigeria and Libya.

The world'.s first full-scale floating wind farm - with turbines taller than the Britain'.s Big Ben - is being built off the coast of Scotland.

Total and Iran earlier signed a 20-year contract worth $4.8 billion to develop South Pars gas fields’ 11th phase.

Donald Trump’s allies in the oil industry are warning the president that his bid to boost US steelmakers could backfire against their efforts to achieve his goal of ``American energy dominance.``

More than 10% of electricity go to waste in the national grid because of dilapidated equipment.

Apolia'.s officials are eager to strike a sisterhood deal with BandarAbbas and Bari Port.

Total SA is in talks with Myanmar to supply the country’s most populous city. Yangon. with liquefied natural gas.

Compliance with production cuts by members of the Organization of Petroleum Exporting Countries is excellent.