Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The market is only expected to return to balance towards the end of this year.
Read More »OPEC Predicts Higher 2018 Oil Demand. but more Rival Supply
Turkish `Warships` Stop Italy’s ENI Rig in Waters off Famagusta
Turkey opposes the drilling. saying it flouts the rights of the breakaway Turkish Cypriots to ethnically-split the conflicted island’s natural resources.
Read More »Iraq Seeks $100 Billion to Revive Economy
A U.S. official in Baghdad said 100 U.S. companies were participating in the conference.
Read More »Eni has Made a Gas Discovery Offshore Cyprus
Eni is the Operator of Block 6 with 50% of participation interest while Total is partner with the remaining 50%.
Read More »Shah Deniz 2 on Track for Start-Up in 2018
Shah Deniz stage 2 is on track for start-up in 2018. currently on time and under budget.
Read More »Russia. Syria Consider Energy Sector Cooperation
This cooperation will help the normalization of the socio-economic situation in the country.
Read More »CNOOC Starts Stampede Oil Project in Gulf of Mexico
Subsidiaries of CNOOC. Hess Corp. Chevron Corp and Statoil ASA each have a 25-percent stake in the project. while Hess is the operator.
Read More »Total Buys Stakes in Offshore Guyana Blocks
These two companies will retain a shared 30 percent interest alongside operator ExxonMobil. which has a 35 percent stake.
Read More »Iran. Armenia Deal on Swap of Gas. Electricity
Armenia by around 30.000 kilometers area and with a population of 3 million is located in Caucasus Region and in the year 1991 it became independent from the Soviet Union.
Read More »Iran Mulls Output Rise in Abouzar Oilfield
Abouzar is located 76 kilometers southwest of the Kharg Island.
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