Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Austerity helped push the economy into recession in the second quarter of 2017.
Read More »At Riyadh Jamboree. Saudis may Struggle to Lure Foreign Funds in Recession
300.000 Bpd Offline as Kurdistan Conflict Continues
The situation is complicated and likely to continue until the dust from the Kurdistan independence referendum settles.
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 »Norway Considers Wind. Solar Joint Deals with Iran
Oil- and gas-rich Iran has also pledged to slow climate change by promoting cleaner energies.
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.
Read More »Saudi Oil Minister Upbeat on Oil as He Visits Baghdad
Khalid Al Falih welcomes increasing cooperation between Iraq and kingdom.
Read More »OPEC at Odds with Rosneft Over Oil Outlook
The agreement comes amid tensions over Kurdish claims to sovereignty with reports of armed clashes between Kurdish forces and Iraqi government troops.
Read More »BP Eyes Smaller Renewable Investments to Avoid Repeating Losses
Some of those investments failed to pan out and BP in 2011 wrote off its solar business.
Read More »Iraq Wants to Bring Back BP after Regaining Control of Kirkuk Oil
BP has a stake of nearly 20 percent in Rosneft and Dudley said he was very happy with the partnership and future projects.
Read More »