Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Turkey says the work will continue to defend the rights of Turkey and the TRNC to the region'.s resources.
Read More »Turkey will Never Concede Legitimate Rights in East Med
NIDC Drills 124 Oil. Gas Wells in a Year
National Iranian Drilling Company (NIDC). a subsidiary of National Iranian Oil Company. has dug 124 oil and gas wells across the country during the past year. a senior official said.
Read More »Tensions Surrounding the South China Sea
China aims to secure exclusive access to such arrangements for its own oil giants.
Read More »Half of Venezuela’s Oil Rigs may Disappear if US Waivers Ends
A shutdown in the rigs will put pressure on Nicolas Maduro’s administration.
Read More »The US could Drown the World in Oil. despite Climate Change Attempts
The US is set to account for 61 percent of all new oil and gas production over the next decade.
Read More »UK Shale Gas Reserves Significantly Lower Than Previous Estimates
The new research suggests there are only under 10 years worth of gas supply at the current rate of consumption instead of 50 years.
Read More »Lundin Reports Small Norwegian North Sea Discovery
Swedish firm Lundin Petroleum has made an oil discovery at the Goddo prospect in the Norwegian North Sea.
Read More »First Oil Flows From Giant $7.7bn UK North Sea Development
The Mariner field is estimated to produce more than 300 million barrels of oil over the next 30 years.
Read More »Fracking Shale Gas Causing Atmospheric Methane Levels to Spike
Researchers at Cornell University believe rising levels of the potent greenhouse gas are linked to emissions from the shale oil and natural gas industry.
Read More »Number of U.S. Active Drilling Rigs Continues to Fall This Week
The outlook for oil demand growth is ".fragile.". with a greater likelihood of a downward revision than an upward one.
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