The massive size of the agreements is a very important data point for western oil and gas firms. which have been jockeying for a position in Iran’s high-potential petroleum sector.
Read More »The Remarkable Recovery of Big Oil
The other oil majors. by and large. also appear able to cover their capex and dividends with their cash flow. or at least are coming pretty close.
Read More »Chevron Cancels Plan To Exit Bangladesh Gas Field
Chevron last week reported a net profit of US$ 1.95 billion. up by an impressive 52 percent on the year.
Read More »Qatar Petroleum Part of Winning Consortium for Oil Exploration Offshore Brazil
The block was offered as part of Brazil'.s 3rd production sharing bidding round.
Read More »Russian Oil Companies Discuss Joint Projects in Iran
Russia’s state-owned Rosgeologia is in talks with Zarubezhneft. Gazprom Neft and Lukoil on joint implementation of projects in Iran.
Read More »Saudi Aramco CEO: IPO Has Never Been Linked to Oil Market
Aramco’s petrochemicals output is about 30 million tonnes a year from plants it owns and joint ventures in Saudi Arabia and abroad.
Read More »Saudis Set $500 Billion Plan to Develop Zone Linked with Jordan and Egypt
Saudi Arabia will need huge financial and technical resources to build NEOM on the scale it envisages.
Read More »Saudi Firms Eyeing Solar to Blunt Rising Power Price Risk
Saudi set a record on October 3 in its first solar tender.
Read More »In Oil-Producing Iran. Renewables are Booming
Iran’s ambitions is to install 5 gigawatts of renewables by 2022.
Read More »Eni Looks to Strengthen Ties with Rosneft. Maybe in LNG
The state-controlled major recently sold a 30 percent stake in its giant Zohr gas field in Egypt to Rosneft.
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