The chemicals business is Aramco’s key strategy.
Read More »Equinor Moves to Power More Platforms from Shore
Last year Equinor reached its goal of reducing annual CO2 emissions from the NCS by 1.2 million tons from 2008 to 2020.
Read More »Iran to Issue Bonds for Investment in Oil Sector
In May. French oil major Total said it might pull out of its investment in Iran’s South Pars gas field if it cannot secure a waiver from the U.S. government.
Read More »Russia`s Gazprom Neft Wants Flexible Quotas in OPEC-Led Deal
Russia'.s largest crude producer Rosneft was also in a position to be able to add 100.000 b d to production in a few days.
Read More »Trump’s Tariffs on EU will Boost Russia-EU Ties
While the EU and the U.S. bicker over tariffs. Russia is boosting its gas trade with Europe.
Read More »Microsoft Submerges Second Subsea Data Center
The experimental data center is as large as a shipping container. at 12.2 m in length and a diameter of 3.18 m and contains 12 racks with a total 864 servers.
Read More »Oil Prices Decline on Rising Supplies from U.S.. Russia
Russian output hit 11.1 million bpd in early June.
Read More »Two Russian Firms will Develop Shadegan Oilfield
Besides the aforementioned oil firms. Schlumberger has also signed an agreement to survey the oilfield.
Read More »Int`l Oil Consortium to Replace Foreign Contractors in Iran
Following the US action. some international companies active in Iranian oil projects said they will withdraw from Iranian projects.
Read More »Baltic Pipe Gas Project will be Completed by 2022
The deadline of 2022 is based on the expiration dates of contracts with PGNiG and Gazprom.
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