Tag Archives: Europe

New exploration acreage promotes long-term activity. value creation and profitable employment in the petroleum industry across the country.

The gas pipeline will stretch over a distance of about 1.100 km and will pump a total of 31.5 billion cubic meters of natural gas annually.

Eni offered some concession and agreed to lower the price to 11.99% of crude oil rate compared to 12.29% quoted in the tender.

The South Pars oil layer is located 130 kilometers off Iran'.s coast in the Persian Gulf with an estimated 7 billion barrels of oil in place.

The second and third Bushehr reactors. which are estimated to cost upwards of $10 billion. are scheduled for launch in 2024 and 2026 respectively.

Over 350 chiefs of oil and gas companies of Russia. Europe and Asia will take part in the second East Russia Oil and Gas Forum.

In both the United States and the European Union. nuclear energy is the largest low-carbon source of energy.

'.Ecological transition'. minister says law will be passed later this year.

Over the past two years. Vestas has bought German service provider Availon for €88 million ($98 million) and UpWind in the U.S. for $60 million.

Gazprom has a unit operating in the UK. Gazprom UK Trading. as well as a Manchester-based industrial and commercial supply unit. Gazprom Energy.