Iran needs 200 billion dollar investment to develop oil industry which should be supplied through foreign sources.
Read More »Iran’s Parliament Constitute Committee to Review Total`s Gas Deal
The development of Phase 11 of the South Pars project will cost up to $5 billion.
Read More »Eni Is Not Total`s Rival in Iran
Iran and Italy have signed deals potentially worth billions in sectors including energy. railways and defense.
Read More »Key Facts about ExxonMobil and Its Business in Russia
In 2016. ExxonMobil'.s refining amounted to 4.268.000 barrels per day (a decrease of 3.7%).
Read More »Putin: Russia to Enjoy Abundance of Energy Resources for Long Time
Russia has no shortage of such natural resources as oil. gas. coal. as their new reserves are systematically discovered.
Read More »Russia Wants to Localize Turbine Blade Rows Production Amid Crimea Siemens Row
Russia intends to localize the production of blade rows for gas turbines amid the row over the alleged delivery of Siemens-made turbines to Crimea in violation of Western sanctions.
Read More »Norway Deploys World`s First Wireless Network at Sea. to Tackle Oil Spills
A new Maritime Broadband Radio system is being rolled out to help ships and planes communicate in the event of an oil spill.
Read More »Schlumberger Agrees to Buy Stake In Russian Drilling Firm Eurasia
It is Schlumberger’s second attempt to buy part of EDC and would be the first U.S. purchase of a stake in Russia’s oil and gas sector .
Read More »Chinese Company Interested in Extracting Gas from Russia`s Yakutia in Siberia
The pipeline will supply gas to Russia'.s domestic market as well as the Chinese market.
Read More »Algeria. EU Discuss Boosting Energy Partnership
Algeria'.s gas exports have increased to nearly 90 billion m3 year. of which 50 billion are carried via three pipelines to Europe.
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