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Halliburton is one of the world’s largest oil field service companies with operations in more than 70 countries. It helps energy companies to maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing …

The European Union (EU) is warning United States (US) President Donald Trump’s administration to hold off threatening trade sanctions against EU companies involved in the completion of new German-Russian and Turkish-Russian natural gas pipelines and instead discuss differences as allies. This week, the Trump administration warned companies involved in the …

Elshad Nassirov, vice president of Azeri state energy company SOCAR, said on a conference call some of the energy infrastructure involved in shipping Caspian oil and gas to world markets is located in the vicinity of the current military operations. Fifteen servicemen from Azerbaijan and Armenia and one Azeri civilian …

Iranian Oil Minister Bijan Zangeneh urged petrochemical plants and complexes to supply the downstream industries with the necessary raw materials for manufacturing products used for equipment and systems needed for containing the COVID-19 outbreak. “All petrochemical companies whose products are used as raw materials for the production of consumer goods …

The EU’s diplomatic chief on Friday attacked the US over its use of economic sanctions, after Washington opened the way to measures over Russia’s controversial Nord Stream 2 gas pipeline. Josep Borrell, the EU’s high representative for foreign affairs, said Washington’s secondary sanctions on those doing business with its foes …

Azerbaijan’s Ministry of Energy is looking into local potential contractors to deliver a 100-kW pilot floating solar project on Boyukshore Lake, it said this week. The pilot project, named Knowledge Exchange and Technical Assistance on the Development of Floating Solar Panels System, is backed by the Asian Development Bank, which …

Iran’s Ambassador to Dakar Mohammad Reza Dehshiri held separate meetings with Senegalese Minister of Petroleum and Energy Mouhamadou Makhtar Cisse and Minister of Agriculture and Rural Equipment Moussa Balde. During the meeting, the two sides discussed the expansion of cooperation in the field of oil, gas, and energy. The holding …

The European Union firmly opposes unilateral sanctions and threats of sanctions by the United States, as they affect the interests of European companies, including Nord Stream 2 and Turkstream gas pipelines. Such measures go against the international law, EU High Representative for Foreign Affairs and Security Policy Josep Borrell said …

Ongoing development of new liquefied natural gas (LNG) projects in Russia will allow it to seize a 15-percent share of the global LNG market, Russian Energy Minister Alexander Novak wrote in an article in the Russian magazine Energy Policy. Since Russia began LNG exports in 2009 with the Sakhalin-2 project, …

The Russian Ministry of Energy considers the current oil price of $40-43 per barrel more or less balanced and does not expect price changes after the weakening of the OPEC+ production restrictions, Energy Minister Alexander Novak told reporters. “No, we do not expect it, because the market is already conscious …