In 2018. exploration added at least 10.5 billion barrels of oil equivalent in conventional new field volumes.
Read More »Iran Oil Development. Unstoppable
Iran'.s oil industry had continued its development process despite sanctions over the past years and decades.
Read More »Dubai Home to First Solar-Powered Hydrogen Facility in Mena
The move is the latest involving Siemens in the GCC.
Read More »Rosneft will Invest in Iraq’s Kurdistan amid Crisis
The total recoverable oil reserves at five blocks may amount to 670 million barrels.
Read More »Iran 1st Electricity Producer in Region
Russia has expressed readiness to use gas turbines made by Iranian company MAPNA.
Read More »ExxonMobil among the Top Oil Explorers of 2018
In 2018. the US supermajor ExxonMobil drilled 2.7 net wildcat wells in Guyana.
Read More »Total`s New Discovery in UK North Sea
The discovery in Glengorm follows Total Energy’s success at the Glendronach field in the North Sea.
Read More »NIDC Will Drill 16 Wells in Iran`s Azadegan Oilfield
Raising production from South Azadegan Oilfield is a declared policy of the Petroleum Engineering and Development Company.
Read More »US will Become Net Energy Exporter in 2020
The US became a net exporter of natural gas on an annual basis in 2017.
Read More »Google Expands Renewable Energy Investments into Taiwan
Google is already the largest corporate purchaser of renewable energy.
Read More »