Iran discovered Azadegan oil field in the oil-rich southwestern province of Khouzestan in 1999.
Read More »Gazprom Neft. OMV. Petronas Proposals for Developing Iran Field
The plans presented by OMV and Gazprom Neft are aimed at defining a production ceiling for the field.
Read More »Iraq Deal with Exxon Still not agreed
Project will be offered to other companies. no agreement is reached by February. oil minister said.
Read More »Russia Intends to Conquer 20% of the Liquefied Gas Market by 2035
The largest independent LNG company in Russia is Novatek.
Read More »BP. Rosneft to Drill in Russian Arctic
Rosneft and BP will make joint efforts to develop new deposits. including those containing tight gas.
Read More »Kremlin Hopes Rosneft Sistema Settlement to be Smoothly Implemented
Kremlin hoped the settlement will not run into any problems.
Read More »Saudi Aramco Ink Pacts to Build two Industrial Units
The company plans to build an onshore drilling rig facility and a casting and forging unit in Ras Al Khair.
Read More »BP Supercomputer Now World`s Most Powerful for Commercial Research
The Center for High-Performance Computing provides critical support to BP'.s upstream business segment.
Read More »Malaysia`s Petronas Confirms Exit from Iraq`s Majnoon Field
Petronas confirms its exit from the Majnoon oilfield. Iraq. together with Shell.
Read More »Ukraine and Russia both Claim Victory in Gas Dispute
Pricing disputes in the past led to Russian gas supplies disruptions to Europe via Ukraine.
Read More »