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The price of OPEC’s basket of 13 crudes stood at $48.34 a barrel on May 3.
Read More »OPEC Oil Price Drops by 1.3%
BP Says 1 Billion Additional Barrels `Possible` in Gulf of Mexico Hubs
BP plans to apply the technology to other fields in Azerbaijan. Angola. and Trinidad and Tobago.
Read More »BP Finds More Than 200 MMbbl in New Resources with Seismic Imaging at U.S. GOM
The innovation has enabled BP to enhance the clarity of images that it collects during seismic surveys.
Read More »Iran`s Zinc Ingot Export Up by 22.5%
Over 90 percent of Iranian zinc ingot is being deployed to international target markets in 14 countries.
Read More »OPEC Oil Price Drops Below $50/bbl
The price for June futures of West Texas Intermediate (WTI) has grown by 0.58 percent and stood at $49.91 per barrel.
Read More »Iranian Navy Dispatches 46th Fleet to High Seas
The Iranian Navy has been conducting anti-piracy patrols in the Gulf of Aden since November 2008.
Read More »Iran and Middle East could Adopt Fully Renewable Electricity Systems by 2030
According to the study. a fully renewable electricity system could be roughly 50-60% cheaper than other emission-free energy options for the MENA region.
Read More »EIA: Increase in OPEC Oil Supply
EIA’s forecast for 2018. in contrast. increased compared to the previous outlook. when it was at 40.2 million barrels per day.
Read More »OPEC Oil Price Rises on Apr. 10
The price of OPEC basket of 13 crudes stood at $53.13 a barrel on Apr. 10 compared to $52.91 on Apr. 7.
Read More »South Africa`s $72b Nuclear Project May Move in June
South Africa. which has Africa'.s only nuclear power station. wants nuclear energy to play the leading role in expanded electricity generation.
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