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.
Read More »Cheap Fuels Seen Lowering Electricity Rates in Japan
Japan has cut back on LNG imports two years in a row.
Read More »France Bans All New Oil and Gas Exploration in Renewable Energy Drive
'.Ecological transition'. minister says law will be passed later this year.
Read More »Oil Markets See Heightened Conflict Risk in Saudi Arabian Power Shift
Economic pressure on Saudi Arabia is set to intensify as the state spends at home and abroad.
Read More »Qatar Tells U.S. It will Maintain Stability Around LNG Exports
Saudi-led sanctions imposed two weeks ago on Qatar. the world largest exporter of LNG.
Read More »Iran`s Azadegan Oilfield Tender Delayed by Months
Iran'.s oil minister said in May that the international tender for the Azadegan oilfield was underway.
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 »Private Sector Invest in Southern Renewable Energy
Data show that barely 240 megawatts. or just around 0.3% of Iran'.s total electricity supplies come from renewable sources.
Read More »IEA: Carbon Capture Needed in Climate Change Fight
The other project. CarbonNet. is a A$150 million government study in the state of Victoria.
Read More »China Key to Slower Growth in Energy Use. Carbon Emissions
Energy consumption in China grew by just 1.3 percent in 2016.
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