Companies

ExxonMobil just lost a critical climate change battle even as the fate of the Paris accord remains in serious doubt.

The Baltic Pipe. which is set to stretch 230 km. will transport gas to Poland from Norway via Denmark.

The pain for OPEC will increase to such a point that 100% compliance is unrealistic.

The Caspian region is one of the oldest oil-producing areas in the world and is an increasingly important source of global energy production.

Gazprom shipped 103.6 billion cu m natural gas to Europe between October 2016 and March 2017. an 18-percent annual increase.

Last December. Russia and 10 other non-OPEC nations agreed to join OPEC'.s output cuts for the first time in 15 years.

Iran has so far signed memoranda of understanding (MoUs) with four Russian companies for developing its oil and gas fields.

The conference. timed to the exhibition. will be attended by over 400 delegates from 30 countries.

The Azadegan field has oil-in-situ reserves of about 33.2 billion barrels and recoverable resources are estimated at about 5.2 billion barrels.

The project is expected to produce approximately 8.9 million tons of LNG and approximately 1.6 million tons of LPG per year.