Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Aramco said it doesn’t comment on ongoing business plans and transactions. while Petronas declined to comment.
Read More »Saudi Aramco and Petronas to Raise $8 Billion Loan
Shah Deniz 2 on Track for Start-Up in 2018
Shah Deniz stage 2 is on track for start-up in 2018. currently on time and under budget.
Read More »Maduro Propose to Oil Producing States Cryptocurrency Mechanism
Venezuela has allocated five billion barrels of oil to back its cryptocurrency.
Read More »Kashagan Oil Field Increases Production
Daily production at Kashagan makes 300 000 barrels per day with application of advanced technology of gas burning.
Read More »Bob Dudley: 2017. One of Strongest Years for BP
Payments related to the Gulf of Mexico oil spill in 2010 totalled £3.7billion in 2017. down from £4.9billion in 2016.
Read More »USA. Argentina may Impose Venezuela Sanctions
The governments were analysing the possible effects that these measures would have on Venezuelan citizens.
Read More »US-Mideast Oil Battle Heating Up
The fight between the US and the Middle East for a slice of the Asian oil market is heating up. with their rivalry now spilling over into refined fuels.
Read More »MAN and Hyundai to Develop LPG Engine
The development follows the announcement last month of plans to develop the world'.s first LPG bunkering hub in Busan. South Korea.
Read More »Discovery of Giant Gas Field off Cyprus by Eni
The Italian oil major may have hit another find comparable to its giant Zohr field offshore Egypt.
Read More »CNOOC Starts Stampede Oil Project in Gulf of Mexico
Subsidiaries of CNOOC. Hess Corp. Chevron Corp and Statoil ASA each have a 25-percent stake in the project. while Hess is the operator.
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