Chevron last week reported a net profit of US$ 1.95 billion. up by an impressive 52 percent on the year.
Read More »Russia Signs Nigeria to Build Nuclear Power Plant
Rosatom is seeking to build nuclear power plants in other countries on the continent including South Africa.
Read More »Exxon’s Not Afraid Tesla
Exxon Mobil Corp. says the existential threat to oil producers from electric cars is overblown.
Read More »Big Oil Has Learned To Live With Lower Oil Prices
Over the last couple of years. Big Oil has demonstrated more than once that it’s set on becoming more flexible. leaner. and more efficient.
Read More »Azar Oilfield Output Exceeds 4.6m Barrels
Azar. with an extraction rate of 16%. is one of the joint fields with Iraq. along with Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.
Read More »Qatar Petroleum Part of Winning Consortium for Oil Exploration Offshore Brazil
The block was offered as part of Brazil'.s 3rd production sharing bidding round.
Read More »Rosneft Not Obliged to Report on Iraqi Kurdistan Projects
The September 25 independence referendum in oil-rich regions of Iraqi Kurdistan and Kirkuk led to a military operation driven by the Iraqi government forces.
Read More »Russia Wants to Lay Gas Pipeline from Iran to India. but Via Gwadar
The Economic Coordination Committee has already given the go-ahead for kicking off negotiations on gas import from Russia.
Read More »Iran to Sign Over $20b of Energy Contracts in 2018
France'.s Total signed a $4.8-billion contract in July to develop the South Pars Gas Field.
Read More »SOCAR’s Azneft Starts Implementing New Project
This team will once a week conduct assessment meetings on the implementation of the project and inform the management of the results of the meetings.
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