Eni offered some concession and agreed to lower the price to 11.99% of crude oil rate compared to 12.29% quoted in the tender.
Read More »Cheap Fuels Seen Lowering Electricity Rates in Japan
Japan has cut back on LNG imports two years in a row.
Read More »Fist Pakistan-Owned Wind Power Project Starts Operation
Pakistan and China have signed $57-billion worth of energy and infrastructure projects under the CPEC framework.
Read More »China Encouraged to Invest in Lebanon’s Oil Sector
There should be a roadmap for a solution in Syria and for that. all parties should put the interest of the Syrian state and people first.
Read More »Iran Resumes Gas Exports to Iraq
Iran has inked two separate contracts to export the product to Iraqi cities of Basra and Baghdad.
Read More »China. India. Japan Hamper Asia Oil Demand Growth
The slide in oil prices continues as markets remain sceptical of OPEC´s ability to balance supplies.
Read More »Panasonic Joins Push to Put Photovoltaics on More Car Roofs
Panasonic Corp sees the future of solar on car rooftops.
Read More »World’s Biggest Wind Turbine Maker Vestas Sets Sights on Asia-Pacific. Middle East Markets
Over the past two years. Vestas has bought German service provider Availon for €88 million ($98 million) and UpWind in the U.S. for $60 million.
Read More »Halliburton Hopes for Further Success in Azerbaijan
Halliburton Co renders services in oil and gas production sphere worldwide.
Read More »SOCAR Methanol Names Reasons Restraining Production Growth
The methanol plant was built by AzMeCo company and is one of the largest investments in the non-oil sector of Azerbaijan.
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