ONGC Videsh and Indian Oil each own 40 percent interest in the Farsi block that holds Farzad-B field. while Oil India has 20 percent.
Read More »Saudi Heavy Crude Price to Asia May Hit Highest in Over Three Years
A fifth trade source surveyed by Reuters said the price for the grade would remain unchanged from this month.
Read More »NIGC Expanding Gas Outreach
An estimated $2 billion in projects are underway to expand the natural gas network to 46 small towns and 5.000 villages by the end of the current fiscal year.
Read More »Zangeneh: Total`s Forefront is Memorable
This contract will send a strong political message to the world especially at the time that the Americans have adopted a confrontational course (against Iran).
Read More »Pouyan: A Landmark Deal Between NIOC and Total
The offshore South Pars gas field is Iran’s section of the world’s largest gas deposit. which it shares with Qatar.
Read More »Iran to Sign Landmark Gas Deal with French Energy Giant Total
The deal includes 30 wells and two production units.
Read More »Gazprom. SOCAR Energy Companies CEOs Discuss Gas Supplies to Azerbaijan
The SOCAR is Azerbaijan’s largest oil and gas company and AzMeCo’s activity is focused on petrochemical projects development.
Read More »Oil Major Total Marks Return to Iran with Gas Field Deal
Total and the National Iranian Oil Company (NIOC) signed a deal to develop phase of 11 of South Pars. which is the world'.s largest gas field.
Read More »Saudi Arabia Considers Plan for Airport Stake Sale
The kingdom expects its privatization programme to yield about $200bn in total through the full or partial sale of government firms.
Read More »Oil Major Shell Dips into Power Market
Shell Energy North America (SENA) has agreed to buy power services company MP2 Energy.
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