The need to transfer AzMeCo to SOCAR arose due to AzMeCo’s debts to the International Bank of Azerbaijan.
Read More »No Immediate Need to Adjust Oil Pact
Crude prices fell about 4 per cent this week after US data showed a surprise 3.3 million barrel rise in crude inventories to 513.2 million barrels.
Read More »No Need for Foreign Investment in Arak Reactor Redesign
According to predicated mechanism. Iran is the project manager and China and the US will lend help.
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 »Green Light for IPO Boosts India’s Renewable Energy Ambitions
Ireda plans to issue 13.9 million shares. priced at 10 rupees each. but the government has not yet specified a date for when the IPO will be launched.
Read More »India Eyes Investment in Iran`s Farzad B Gas Field
Farzad B was discovered by OVL in the Farsi block about 10 years ago.
Read More »Toshiba to Pay $3.7 Bil. in Guarantees to U.S. Utility Firm
Under the agreement sealed Friday. Toshiba will pay parent-company guarantees to the U.S. utility firm in installments from October this year through January 2021.
Read More »Earth Now Has More Than 2 Million Electric Cars
India has the lowest electric vehicle ownership rate. a tad more than 0%.
Read More »SOCAR Drilling New Well on Oldest Field in Caspian Sea
SOCAR produced 2.46 million tons of oil at Azerbaijan’s offshore and onshore fields in January-April 2017.
Read More »Environmental Problems of Turkey`s Dam
Iran is the world’s third leading country in dam construction with 200 contracting companies.
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