Companies

According to BP’s Energy Outlook 2035. coal’s dominance in China’s energy mix will continue to decline. from 64 percent in 2015 to 42 percent in 2035.

Iran had signed two basic agreements with Gazprom over the development of North Pars and Kish gas fields in addition to the Farzad projects.

Nord Stream 2 is a project for the construction of a gas pipeline capable of carrying 55 billion cubic meters per year from Russia to Germany through the Baltic Sea.

Siemens had added solutions that “can help oil firms have transparency on the operations of equipment from remote locations. thereby enhancing efficiency.

Gazprom is building new pipelines in Europe – Nord Stream-2 and Turkish Stream. but the Russian energy major is facing opposition on the continent.

The signed agreement is directed at promoting a long-term partnership between the two organizations to promote the development of promising projects and new opportunities in oil and gas.

The Baku Oil Refinery’s modernization is currently underway and it will be completed until 2020.

The diplomatic dispute has stoked concern that any supply disruption could spill over into global gas markets.

About $11 billion of Turkey’s negative trade balance accounts for the petrochemical sector.

The current global limit for sulphur content of ships’ fuel oil is 3.5% by mass.