Eni won two of its blocks in partnership with Citla Energy. an independent Mexico explorer. and one with Capricorn Energy. a unit of UK explorer Cairn Energy.
Read More »Iran Exports Half of Its Oil to Europe
Under the sanctions Iran’s oil production was 2.7 million barrels per day. with one million barrels heading for export markets.
Read More »Sudan. Russia Sign Nuclear Power Energy Deal
In 2012. Sudan informed the International Atomic Energy Agency of its intention to pursue nuclear technology that would generate electricity.
Read More »Russia. South Africa Discuss Cooperation in Hydrocarbons Production
Russia and South Africa are in talks on the cooperation of companies in the production of hydrocarbon raw materials.
Read More »OMV Restarts Work at Tunisian Nawara Gas Project After Blockade Ends
Nawara had an output of roughly 8.000 barrels of oil equivalent per day until May.
Read More »Britain`s Largest Natural Gas Storage Site to Close
Britain depends on stored gas reserves to help manage winter energy demand spikes and to ensure security of supply.
Read More »Turkey to Build First Nuclear Plant
The plant is estimated to meet around 6-7% of Turkey'.s electricity demand.
Read More »Shell Considers Investment in Niger Delta Gas Project
Nigeria has the world’s ninth largest proven gas reserves. at 187 trillion cubic feet (tcf).
Read More »Loss of Gas Storage Site Will Increase UK’s Reliance On Imports
Storage provides security and flexibility of supply.
Read More »Exxon. BP and Shell Back Carbon Tax Proposal to Curb Emissions
Under the proposal. a $40 carbon tax. rising over time. would be levied on emissions in order to encourage a shift towards renewable energy sources such as solar and wind.
Read More »