In the first four months of 2017. the four Asian countries imported 1.8 million bpd. a 40 percent rise from the same period last year.
Read More »NIOC. PNOC Sign MoU on Oil Exploration
Among contents of the MoU were investment for the development of oil and gas fields of Pasanan in Ahwaz.
Read More »Asia Aims to Control Global Solar Industry
The International Renewable Energy Agency (IREA) recently released a report that shows that solar is expanding rapidly around the world.
Read More »OPEC. Non-OPEC Want Inventories at 5-Year Average
Both Moscow and Riyadh said cooperation would continue beyond the current agreement.
Read More »Tech Giants Make Major Bet On Battery Boom
Tesla already has fully self-driving software in all of its cars. including the upcoming Model 3.
Read More »Qatar Petroleum to Study Raising Production Capacity of LNG Trains
Qatar Petroleum is determined to continue its lead position in the gas industry with its expansion plans.
Read More »Iran-Pakistan Gas Pipeline Has Huge Potential
Iran-Pakistan gas pipeline project (also called Peace pipeline) worth $7.5 billion has been discussed for years.
Read More »Armenia Interested in Energy Cooperation with Iran. Georgia. Russia
Armenia is ready to work in partnership with all world countries on providing transit of gas and electricity.
Read More »Saudi Aramco Partners with Hyundai. Lamprell and Bahri to Build GCC`s Biggest Shipyard
The deal will develop a world-class maritime yard within the King Salman International Complex.
Read More »OPEC Considers How to Coexist with U.S. Shale Oil
For all OPEC members. $55 [per barrel] and a maximum of $60 is the goal at this stage.
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