Tag Archives: Europe

Great Britain has hit a new power milestone – lasting for a fortnight without using any coal power to generate electricity for the first time since the industrial revolution.

Developing exports to the neighboring countries is the priority of the year and Iran is ready for new economic and trade cooperation with Russia in different industrial and mineral areas.

Turkey is considering deploying a Russian missile-defense system along the country’s southern coast. near where its warships are accompanying vessels exploring for energy. according to four people with knowledge of the deliberations.

Iranian companies are prepared for joint cooperation and the trade interactions and communications can deepen.

Siemens was recently awarded a contract to provide three residue compression trains for two. 250 MMcfgd cryogenic gas plants in the Delaware basin.

OPEC. Russia and other producers agreed to cut output by 1.2 million barrels per day (bbl d) from January for six months to boost oil prices by reducing global inventories.

Europe is the only region with the decreasing outlook for natural gas production among all regions.

Russian oil production continues to trend lower in May as exports via the Druzhba oil pipeline have been restricted due to a contamination issue.

Norway’s oil and gas companies plan to spend 17 percent more this year. at about US$21.11 billion as they step up their exploration.

A senior Iranian economic official announced that Tehran and several European states are due to ink a Memorandum of Understanding (MoU) to expand economic relations.