In 2015 Schlumberger agreed to buy 45.65% of EDC for $1.7 billion but the deal fell through after FAS repeatedly postponed its approval.
Read More »Gazprom Boosts Natural Gas Exports to Turkey & Southern Europe
Gazprom Deputy Chairman Aleksandr Medvedev has said the company expects to sell up to 180 bcm of gas this year.
Read More »BP: Shah Deniz Stage 2 Completed by Over 95%
The construction and commissioning of the subsea construction vessel (SCV) ``Khankendi`` are progressing well at the Baku Shipyard.
Read More »SOCAR Gets 4 New Licenses in Turkey
It is expected that in 2018. the consolidated turnover of SOCAR Turkey Enerji will reach $15 billion.
Read More »Saudi Aramco Gets Bids to Expand Hawiyah Gas Plant
Raising gas production is key to Saudi Arabia'.s plan to diversify its energy mix.
Read More »Shell Wraps Up SADAF Chemicals Sale in Saudi Arabia
Shell’s 50% share in the petrochemicals JV sold to SABIC for $820 million.
Read More »Petronas Keen to Buy Stake in IOC’s LNG Terminal
Mundra will be the second LNG project of Adani where IOC is investing.
Read More »Second Oil Spill Reported in Kuwait’s Ras Al-Zour Waters
Experts from Saudi Arabian Chevron and Oil Spill Response Limited have joined the effort to clean up after the leak.
Read More »SOCAR to Drill 8 Additional Wells at Offshore Field
SOCAR produced 3.71 million tons of oil from Azerbaijan’s offshore and onshore fields in January-June 2017. as compared to 3.78 million tons in the same period of 2016.
Read More »China`s Energy Demand to Peak in 2040 as Transportation Demand Grows
Natural gas consumption will rise to 620 billion cubic meters in 2030. said CNPC. up from 510 billion in last year'.s report.
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