State-owned Qatar Petroleum (QP) will keep the remaining 70 percent in the new joint venture for the Al-Shaheen field.
Read More »NIGC to Host Int`l Specialized Conference
'.The mission of IGU is to advocate gas as an integral part of a sustainable global energy system. and to promote the political. technical and economic progress of the gas industry.
Read More »Iran Trilateral Energy Deal to Boost Foreign Participation. Market Access
According to SHANA. the new oil deals based on Iran Petroleum Contract (IPC) is expected to replace buy-back contracts.
Read More »Brazil`s Petrobras. China Development Bank Sign Cooperation Deal
Petrobras is the world’s most indebted oil producer and has been forced to sell assets and slash spending.
Read More »IDRO Thinks Over Solar Panel Manufacturing
Iran has huge potential to harness renewable energies. including geothermal. solar and wind power.
Read More »Construction of 100 Km of Offshore Pipeline Completed for South Pars
Iran reportedly delivers 30 mcm d of gas to Turkey in the northwest and 5 mcm d in the west.
Read More »Petronas. Aramco Keen on $1.8 Billion Daewoo E&C Controlling Stake
In July. Petronas scrapped a proposed C$36 billion ($29 billion) liquefied natural gas project in western Canada due to weak prices. in a blow to its global ambition.
Read More »US Sanctions Force Russia’s Oil Giant Lukoil to Sell Its Distributor Litasko
Lukoil controls refineries in Romania. Bulgaria. Italy and the Netherlands. The company declined to comment on Reuters'. message about the possibility of Litasco selling.
Read More »Russia Aims to Spend $2.7 Billion on Arctic Development Before 2025
The Arctic has been in focus in recent years amid the deterioration of relations between Russia and the Western powers amid the Ukrainian crisis.
Read More »UAE`s Dana Gas Reaches Deal Over Delayed Kurdish Natural Gas Project
Kurdistan Regional Government says it will immediately pay $600m to Dana and its partners in the Pearl Petroleum consortium.
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