Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
CNPC has now a 30 percent stake. while Iranian company PetroPars holds the remaining 19.9 percent.
Read More »MAPNA Ready to Replace Total in South Pars Project
Sinopec to Continue Investments in Emerging Industries
Sinopec is currently the second largest oil and gas producer in China.
Read More »SOCAR Trading to Refocus on LNG Sales
SOCAR plans to increase its headcount in London. including with more LNG-focused hires.
Read More »Eni. Sonatrach Sign Agreement to Strengthen Gas Sector in Algeria
Eni has had a presence in Algeria since 1981 and currently operates 32 mining permits in the country.
Read More »Sinopec Launches $1.5 Billion Investment Company in China`s New Economic Zone
The parent company of Sinopec Corp. Sinopec Group is already operating thermal power business in Xiongan.
Read More »Venezuela Evaluates Plans to Raise Oil Production
Anticorruption probes advanced by the Public Ministry caused that 90 executives of Pdvsa were arrested over the last 11 months.
Read More »CNOOC to Invest $3bn in Nigeria
Nigeria remained the largest investment destination for CNOOC.
Read More »Total Completes £1.1Billion Acquisition of Engie LNG Assets
The supermajor said the deal makes it the number two player in the world for LNG.
Read More »ADNOC Subsidiary Awards Contract to Develop Offshore Oil Field
Agreement aims to increase production capacity from the Bu Haseer field from 8.000 bpd too 16.000 bpd.
Read More »Aramco More Flexible To Oil Price Slump
Aramco’s net cash flow from operations increased by 21 percent to US$29 billion in 2016.
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