Rosneft and CEFC have been at the center of that burgeoning relationship.
Read More »Shell to Withdraw from Iraq`s Majnoon Oilfield
Malaysia’s national oil company Petronas holds a 30 percent stake in the field while the Iraqi government holds the remaining 25 percent.
Read More »Shell Offers Plan for Iran`s Kish Gas Field
Shell submitted a proposal for developing Azadegan and Yadavaran oilfields south of Iran last month.
Read More »South Pars Oil Talks with Maersk Underway
NIOC plans to employ enhanced oil recovery methods to boost the extraction rate in fields by 35%.
Read More »Iran IAEA Envoy Blasts US Unconstructive Approach towards Nuclear Deal
Unfortunately. the US administration'.s recent moves are against the agreement.
Read More »Indonesia to have Largest Geothermal Power Capacity by 2021
The projection takes into account the geothermal development in the Philippines that has reached its existing reserves.
Read More »Shell Says to Focus on Basra Gas in Iraq after Majnoon Exit
Basra Gas Company is a joint venture between Shell. South Gas Company and Mitsubishi and the Petrochemical Project NEBRAS.
Read More »Extending the OPEC Cuts Deal: An Option or A Must?
Unless a miracle happens and fundamentals change miraculously. an extension is a must and not just an ``option.``
Read More »Premonition of War: Japan Backs US Plan to Curb N Korea`s Oil Imports
North Korea sees its situation as quite similar to Imperial Japan'.s outlook in the early 1940s.
Read More »Baker Hughes Wins Major Deal for Egypt`s Zohr Gasfield
Project has potential to meet Egypt’s growing gas demand and save the country billions of dollars.
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