Germany is Iran’s largest trade partner in Europe.
Read More »Nigeria to Hit 40b Barrels Oil Reserve by 2020
In terms of daily production. the fields will yield 50. 000 barrels of crude oil per day and 120 million standard cubic feet of gas per day by early 2019.
Read More »13 Of 28 EU Nations Support Intervention in Nord Stream 2 Deal
Russia and its state firm Gazprom cover one-third of Europe’s gas needs.
Read More »Kurdistan Resumes Shipping Oil to US After Three Years
The dispute escalated when Kurdistan’s deliveries to the US were blocked and Iraqi government threatened to take action against companies transporting the Region’s crude.
Read More »Gazprom in Talks to Boost Gas Sales to UK
Gazprom has a unit operating in the UK. Gazprom UK Trading. as well as a Manchester-based industrial and commercial supply unit. Gazprom Energy.
Read More »Eni Wins Big in Mexico`s Auction of Shallow-Water Prospects
Eni won two of its blocks in partnership with Citla Energy. an independent Mexico explorer. and one with Capricorn Energy. a unit of UK explorer Cairn Energy.
Read More »Rosneft Discovers Possible Largest-Ever Oil Deposit on Arctic Sea Shelf
Rosneft experts while drilling a prospecting well on the shelf of the Khatanga Bay of the Laptev Sea found that the core is saturated with oil.
Read More »S. Korea`s May Iranian Crude Oil Imports Fall to 8-mth Low
South Korea imported 4.23 million tonnes of crude oil. or 999.680 bpd. from the world'.s top crude exporter in May.
Read More »Iraq Plans to Double Exports from Amaya Oil Terminal to 1 Million bpd
Iraq is OPEC”s second largest oil producer after Saudi Arabia. recording a daily production of 477.5 million barrels per day in 2016.
Read More »Russian Energy Ministry Plans to Organize Tour to Siberia for Saudis in July
The Russian Energy Ministry plans to hold a familiarization tour for colleagues from Saudi Arabia for projects in Siberia in July.
Read More »