Shareholders have put pressure on Exxon. the nation'.s largest producer of natural gas. to confront the methane problem.
Read More »Lukoil Plans to Keep Output Steady with New Projects Outside Russia
Lukoil. a big oil products importer on the European market. would continue working on European projects and would keep its retail net in Turkey.
Read More »Iran Warns Against Israel`s Nuclear Threat to World
Israel is estimated to have 200 to 400 nuclear warheads in its arsenal.
Read More »Iran to Install New Platform at Joint Oilfield with Saudi Arabia
Iran'.s share in total reserves of the field is about 11 percent. Foroozan contains 3.432 billion barrels of in-situ oil reserves.
Read More »Iran Swaps 720k Oil Barrels
Existing pipelines and facilities enjoyed the capacity to displace more than 370.000 barrels per day though the volume could be upgraded to 500 thousand barrels of crude oil.
Read More »OPEC’s No. 2 Faces Civil War Threat
Tribal fighting near oilfields sites is definitely affecting the energy operations and sending a negative message to foreign oil firms.
Read More »South Pars Phase 14 Gains Momentum
In fiscal 2016-17. gas production from South Pars increased to 520 mcm d. up more than 150 mcm d compared with the previous year.
Read More »China Cracks Down Oil Smuggling Network
Smuggling is causing major headaches right now with regard to the fresh round of sanctions the UN imposed on North Korea.
Read More »Iran. Syria Sign Energy Agreement
In May 2013. Iran agreed to provide Syria with a $3.6 billion credit line to imports goods and commodities.
Read More »Baker Hughes to Increase Operational Effectiveness in Turkey
Dating back to the 1900s. Baker Hughes is a leading supplier of oil field services. products. technology and systems to the worldwide oil and natural gas industry.
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