The final stage of the 3500 km (2200 miles) corridor. would be reviewed along with some other major projects.
Read More »Turkey Becomes Energy Hub of Region
TANAP will be laid from the Georgian-Turkish border to the western border of Turkey.
Read More »Pope Francis to Discuss Climate Change with Big Oil
Pope Francis called on Catholics in 2015 to join the fight against climate change.
Read More »Rosneft – Gazprom Rivalry in Gas Markets
Rosneft has been long trying to persuade the Kremlin to dismantle Gazprom’s monopoly.
Read More »Azerbaijan Inaugurates Southern Gas Corridor Key Terminal
BP’s Sangachal terminal in Azerbaijan meets world safety standards and is now ready for first commercial deliveries in 2018.
Read More »BP Halts Work on North Sea Gas Field due to US Sanctions on Iran
Oil giant is in the process of selling its stake in the Rhum field to a smaller British company.
Read More »Vitol. Glencore. Shell Eye Petrobras’ Nigerian Assets
The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras that owns stakes in two major Nigerian offshore oil blocks.
Read More »BP chief Sees Shale. OPEC Cooling Oil Markets
The surge in U.S. output has been offset by deep supply cuts for over a year by OPEC and other producers including Russia.
Read More »OPEC Oil Capacity ‘Buffer’ to Offsetting Iran Sanctions
A U.S. withdrawal from the Iran nuclear accord could lead to 1 million barrels off the market.
Read More »Oil Majors to Support R&D at Global Industry Gathering in Abu Dhabi
Oil firms will evaluate technical solutions by researchers from around 27 countries at the two-day event.
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