Saudi Arabia will need huge financial and technical resources to build NEOM on the scale it envisages.
Read More »Norway Considers Wind. Solar Joint Deals with Iran
Oil- and gas-rich Iran has also pledged to slow climate change by promoting cleaner energies.
Read More »BP Reveals Volume of Investments in Azerbaijani Oil & Gas Projects
BP is the operator of the Shah Deniz and ACG development projects.
Read More »Oil Quality Issues Could Bankrupt Venezuela
Output is falling. cash is drying up and oil workers have fled the country because of food shortages and violence.
Read More »Big Refinery with Technology of Natural Gas Synthesis Constructed in Turkmenistan
The project valued $1.7 bn is financed by the investments of Japan and Türkmengaz.
Read More »China Drives Natural Gas Demand Boom
BP sees Chinese demand for oil surging 61 percent. and gas demand soaring 186 percent by 2035.
Read More »Novatek plans LNG reload terminal in Russia’s Far East
Novatek has signed a preliminary agreement with Kamchatka Territorial Government to build the terminal.
Read More »Russia Offers Turkey Memorandum on TurkStream Onshore Construction
It will send Russian gas to Turkey with the first of its two lines. while the second line of the project will carry Russian gas to southern and southeastern Europe.
Read More »OPEC Seeks Help from U.S. Shale
Each of the U.S. producers acting individually can only impact a fraction of a percentage of the world oil market.
Read More »In Oil-Producing Iran. Renewables are Booming
Iran’s ambitions is to install 5 gigawatts of renewables by 2022.
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